From Contract to House Keys: Breaking Down the House Closing Process
HomeLight
OCTOBER 29, 2021
The average time to close a loan was 48 days in July 2021 , according to ICE Mortgage Technology, a company that produces mortgage management technology. The lender needs to do their due diligence on the property you’re buying, too. Reputable lenders do due diligence before they give a preapproval letter,” Maggio says.
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