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What is the current turn time on usda loans in North Carolina?

Submitted on 4/27/12.  Supposed to close 05/10/12.
  • May 04 2012 - Charlotte
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Answers (3)

Today NC USDA offices are working on files received on December 7th moving toward December 10th.  So USDA is behind so buyers, realtors, and sellers should allow extra time for the closing.  Contact your mortgage company for their expected turnaround times.  Assuming that there are no repairs to escrow, our turnaround from contract to final approval is about 3 weeks but you have to add on the USDA turnaround time mentioned above.  The phone number to check on USDA turnaround times is 919-873-2060.
  • January 04 2013
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Sorry, might not have been clear.  It's already gone through underwriting and everything. Completed loan package was received by USDA on 04/27.  Just wondering if anyone has any idea how long that stage of the process is. Thanks for your reply!
  • May 04 2012
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Profile picture for Sharon Lewis
Thats really fast....what does your lender say? Normally we are looking at 30-45 days. Ask your lender though please.
  • May 04 2012
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