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How long will the loan process take?

loan process
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How long will the loan process take?

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It will take approximately 10 14 days to process your loan. Once we receive your loan application, the Client Coordinator assigned to your loan will be in continual communication with you regarding your loan status.

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Once you apply, we will begin to verify all the information you provided. Time delays can occur if you or outside sources do not provide documents to the lender in a timely manner. Be sure to respond promptly to requests for information while processing is taking place.

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If the home is from our inventory, then the loan process will take as little as 24 hours, but usually three to five working days. If we are financing a home that you have located, that is not from our inventory, the loan process normally takes about 4 weeks.

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The process varies depending on your particular loan program. The average loan takes approximately 30 to 45 days to process, but rush transactions can often take significantly less time, and certain programs, like government loans, may take slightly longer. The Underwriting Analyst assigned to your loan will be in continual communication with you regarding your loan status.

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Bryco Funding processes most loans, from start to close, in less than two weeks. Once we take or receive your loan application, the lending specialist assigned to your loan will be in continual communication with you regarding your loan status and all necessary document exchange.

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