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Rural Development Closing time frame

How long after loan is sent to Rural Development before closing like how many days? In Michigan

  • April 10 2014 - US
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Answers (3)

Profile picture for GMerino

Once your loan is in the final clearing stages with the lender - the underwriter then hands it over to USDA for their final approval.  It will depend on their time frame but your loan officer should be able to get a response on time frame. 

  • April 11 2014
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Profile picture for Primary Louisiana
You can call the rural devolment field office in your location and see what day of files they are working on.  Depending on their response, take the numbers of days back and add it to the normal closing time.
Good Luck!
  • April 11 2014
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generally 15-30 days. you gotta give the lender at least 30 days and the RD office another 15-30 days. total closing date basically 45-60 days. 

after it comes out of RD i would say at least a week so the underwriter can finish up whatever else they need to do to give you the clear to close 
  • April 11 2014
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