The only reference pertaining to the VA (that I can find) involves the computation of your combined rating. For instance: Two 50's combine to 75 and round up to 80. The 80 represents the final degree of disability.
FHA Loan Underwriting Process. ............................................................................... Once your file has been submitted to the investor, it will be underwritten. This is when an underwriter will review your file and render a loan decision. This portion of the loan normally take 2-5 days. The underwriter will review of the information and make sure that it conforms to the guidelines that FHA has set forth. The underwriter will review all of the following aspects of the file:
If you went with a bank or bank branch they usually take a very long time to close (45-60 days and more). If you went with a mortgage broker, depending on which lender he/she put your through, the underwriting process can vary anywhere from 1 day to 1 week with the whole loan process taking 20-30 days.I once closed a loan (from application to closing) in 4 days :).f you went with a mortgage broker, depending on which lender he/she put your through, the underwriting process can vary anywhere from 1 day to 1 week with the whole loan process taking 20-30 days. I once closed a loan (from application to closing) in 4 days :).