How long does it take to close a USDA Rural Development Loan?

So recently a realtor client contacted me to find out just how long they should expect before being able to close a USDA Rural Development Guaranteed Housing Loan because a local bank loan officer had told her that she should expect that it would take several months to close.

 

 

This article was written by ricardocobos

Since relocating from Northern Michigan in 2007 I have lived in Garner (27529) with my wife Melanie and our four children. I am a local market expert in southern Wake County in the following communities: Garner (27529), Fuquay-Varina (27526), Holly-Springs (27540), Apex (27502), and Raleigh (27603) which spans from downtown Raleigh to Willow Spring including Lake Wheeler. Call or email me, I’m here to help! Ricardo Cobos (919) 526-0183