Home Loan Mortgage

Average Time To Close On A House 2017

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Now it’s just time to wait for closing day.. You may be wondering how long does it take to close on a house? If you relax too much after your offer is accepted you may end up delaying your closing. In this article we will take a look at the average time it takes to close and give you some advice to make sure you close on your home in time.

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How long does it take to close on a house? The average time for a mortgage closing is 46 days according to Fannie Mae. Refinance loans take a little longer.

If you are not careful, the home closing process might take longer than you think, and quite possibly drag on longer than you had hoped. This is often normal, but there are ways to avoid problems. For example, right after getting a purchase offer accepted, the next question home buyers want to know is how long will it take for the home to close.

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