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.
I contacted my loan officer Wednesday (3 days ago) and he said the underwriter had logged into my file at 11:15 am and that it was at the final approval stage and that the process could take 24 hours. I've emailed and left a message on his voice mail but have not heard back from loan officer. This is for an fha loan.