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What is the current turn around time for USDA loans Central Virginia?

We have been approved by the lender's underwriter and our file has been sent to USDA underwriting for the final approval and commitment - I think this is what it is called. How long will this process take to closing? Can the closing happen before the disbursement of the funds?
  • July 23 2012 - Timberlake
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Answers (2)

In the Central VA location USDA is about 30 behind after receiving your file.
2 Months ago I had a client that received USDA approval in less then a week after their file was sent .
So, unfortunately the only true answer for the question on UDSA approval turn around time would have to be that it just depends on the number of files that are in front of yours:( 
  • September 18 2014
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I'm not sure on the disbursement of funds or in Virginia, but slightly West in Indiana, I know they are servicing loans sent in about 5 weeks ago.  
  • July 23 2012
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