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.
How long does it typically take to close on a home loan after the appraisal is in? Everything does underwriting take once everything is finished (the inspection, appraisal and all of our documents are in).he paperwork is again checked and the loan funds.....two days. When the loan funds then the title company records the following day if the loan didn't fund on a Friday. Generally it will take at least 10 days to two weeks.