Non-owner-occupied loans typically close in 3 to 5 business days. Owner-occupied loans, which we offer in Oregon and Idaho only, typically close in 7 to 10 business days. Approvals are often same-day.
The decision is made in-house by the people who fund the loan — there's no loan committee and no third-party appraisal to wait on. After that, timing depends mostly on title and insurance, so send us the property details early and we'll tell you what the schedule looks like for your deal.