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:
It really depends on the lender and also, on you. If the lender has done a good job letting you know all of the items that they will need for the underwriting process, and you have done a good job getting those items back to the lender in a timely manner, you are close to the finish line.t really depends on your bank (or lender), some can close within a week, others might take two weeks. But it also depends if everything that the bank (or lender) needs to close the loan is in their office.