Q&A – How long does the USDA mortgage closing process take?

Question:  I’m about to be under contract on my first home. I would like to have an idea on how long the USDA mortgage process takes to complete so I have time to prepare for my move.

Thank you – J. Naples / Orlando, FL

Answer: Once you are under a fully approved contract, the USDA closing process will take around 35-45 days to complete.  The exact time depends on the city/county your new home is located. Once the lender underwriting is complete, your USDA home loan has to go through a secondary approval process with the local USDA / Rural Development office.  Each USDA office has different turn times that change frequently. However, 35 days is a safe bet to complete the entire processing/closing process ( as of Feb 2014)

Need a USDA home loan pre approval ? Please contact us at www.UsdaMortgageSource.com

USDA Mortgage Source is Florida’s Primary resource for all 100% USDA / Rural Development mortgages. Pensacola , Ocala , Clearwater , Bradenton and everywhere in between – please visit our main web site at www.UsdaMortgageSource.com or call 904.302.6060 to learn more about the benefits of 100% USDA / Rural Development home loans here in Florida. We are available to serve you seven days a week.

Servicing the following Florida cities and counties:

Apopka | Aventura | Boca Raton | Bradenton | Brandon | Cape Coral | Clearwater | Clermont |Cocoa Beach | Coconut Creek | Coral Gables | Crestview | Crystal River | Daytona Beach | DeLand | Deltona | Delray Beach | Destin | Dunedin | Englewood | Fernandina | Flagler Beach | Fort Lauderdale | Fort Myers | Fort Pierce | Fort Walton Beach | Gainesville | Green Cove Springs | Hallandale | Hobe Sound | Hollywood | Homestead | Inverness | Jacksonville | Lakeland | Lake City | Lake Mary | Live Oak | MacClenny |Melbourne | Miami | Milton | Mount Dora | Naples | Ocala | Ocoee |Ojus | Orange Park | Orlando | Ormond Beach | Palatka| Palm Bay | Panama City | Pensacola | Pompano Beach | Port Charlotte | Port St. Lucie | Punta Gorda | Santa Rosa | Sarasota | Siesta Key | Springhill | St. Augustine | St. Petersburg | Sunny Isles | Tallahassee | Tamarac | Tampa | Titusville | Venice | Vero Beach | Weeki Wachee | Wesley Chapel | West Palm Beach | Winter Garden | Winter Haven | Winter Park | Winter Springs | Zephyrhills | Florida | Fla |FL

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