How long does it take to assume a VA or FHA loan? - Posted by drew

Posted by drew on December 14, 1999 at 09:36:46:

Ok, maybe my initial question isn’t clear. I’ll give it another try.

My questions pertain to VA and FHA loans that are assumable with qualification. Does it take just as long to assume these loans as it does to get a brand spanking new loan?

I assume it takes about the same amount of time, but am hoping to be pleasantly suprised by your answers.

Thank You,

drew

How long does it take to assume a VA or FHA loan? - Posted by drew

Posted by drew on December 12, 1999 at 14:08:39:

Is assuming a VA or FHA (or any other institutional loan for that matter) a faster or less painful process than obtaining a new loan?

Just trying to get my facts straight before my dog and pony show to some local agents. Thanks in advance for your replies!

-drew