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:
The entire application, underwriting and funding process could take anywhere from 30 â 60 days. If it takes less than 30 days, youâve got a highly efficient mortgage team. If it takes longer than 60 days, thereâs some kind of problem slowing things down.f all three of these steps go smoothly, you could close the deal in less than a month. If you encounter bumps along the way, it could be closer to 60 days. Overall, you might want to allow 30 â 60 days for the entire process, between the time you apply for the loan and the day you close.