Credit-based insurance scores (discussed in detail below) are based on information in your credit report. The first thing you should know is that if GEICO does obtain a credit-based insurance score as part of calculating your insurance quote, the inquiry is labeled as being from the insurance company.
So how long does it take to clear underwriting and close the deal? An FHA loan can stay in the underwriting stage anywhere from two to six weeks, depending on how many issues come up. If you get a superstar underwriter, your file might clear his desk in a week or less.
by wybert85 Â» Thu Dec 06, 2012 1:38 pm. It will take the appraiser a couple of days to write up the appraisal and send it to the loan processor. The loan processor finishes up the file and sent it to the underwriter.....another 2 days.Depending on how busy the underwriter it will take a 2 days to 5 days.If the underwriter calls out conditions the length of time would depend how long it takes you to provide the information or meet those conditions....another 2-5 days.y wybert85 Â» Thu Dec 06, 2012 1:38 pm. It will take the appraiser a couple of days to write up the appraisal and send it to the loan processor. The loan processor finishes up the file and sent it to the underwriter.....another 2 days.