I’m a first time home buyer looking to start the home buying process in a few months. How long does the USDA home loan pre-approval process take? How long in advance should I start working on this?
K. Flowers – Panama City , FL
The USDA mortgage application process takes around 15-30 min to complete. All USDA home loan pre-qualification requests are then processed generally on the same day. I recommend speaking with a USDA specialist a few weeks before you actually start looking at properties to purchase. This will be plenty of time to go through the application/pre-qualification process and to know exactly where you stand. Once you are finished you will know what home price points you are qualified for, mortgage payments, etc.
Need a USDA home loan pre approval? Please contact us at www.UsdaMortgageSource.com
USDA Mortgage Source is Florida’s leading resource for all 100% USDA Rural Development home loans. Fort Walton Beach, Lake City, Deland, Cape Coral and everywhere in between – please visit our main web site at www.UsdaMortgageSource.com or call 800-743-7556 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.