Loan Process
How long does it take to close?
Context
Closing timing is one of the most common questions once a purchase agreement is signed.
The short answer
How long a file takes depends on the lender's underwriting queue, appraisal turnaround, and how quickly title work clears. None of those are ours to control, and we do not promise a closing date.
Things to keep in mind
We do not set or guarantee closing dates. We are a mortgage broker; we do not make credit decisions. Rate locks are issued by the lender; we submit and manage lock requests on your behalf.
Next step
We work to keep your file moving so the lender can act on it as quickly as their process allows. Contact us to get your file started.
Have a question about your own situation?
Davis Monroe Financial LLC serves Minnesota homebuyers and homeowners. You complete one application. We compare the wholesale lenders on our panel and submit your file to the one that fits it best, and each one offers, so your pricing is not limited to one lender's rate sheet.
Davis Monroe Financial LLC is a mortgage broker, not a lender. We do not make credit decisions or fund loans. Rate locks are issued by the lender; we submit and manage lock requests on your behalf. All loans are subject to credit approval. Rates and terms are subject to change without notice.