Monday, August 19, 2019 / by Angel Murillo
Need a Mortgage Fast? You're in Luck: The Home Closing Process Is Speeding Up
Once your offer on your dream home is accepted, it doesn't mean you can just grab the keys and move in. If you need a mortgage, securing this home loan takes time. The good news is that it's faster now than ever.
According to a recent three-year study by LendingTree, the length of time it takes to get a mortgage—aka closing—is an average of 40 days in 2019. That's down from 51 days in 2018, and 74 days in 2017.
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Cheers,
The Hebert McMahon Realty Team