What slows deals down (and how to avoid it)
If you’re preparing to buy a home, one of the biggest questions on your mind is probably: “How long will this take?” While the mortgage process may seem complicated from the outside, the timeline is more predictable than many buyers realize.
Most lenders close loans in 20–30 days. But with the right preparation—and the right team—it can go much faster. In fact, Affinity Home Lending averages an impressive 12.5-day clear-to-close, well ahead of industry norms.
Here’s what determines the timeline and how you can help keep things moving smoothly.
The Typical Mortgage Timeline (20–30 Days)
From the moment you go under contract to the day you sign final documents, three major steps define the process:
1. Processing (Days 1–5)
The lender orders your appraisal, verifies documentation, and prepares your file for underwriting. Speed here depends on how quickly your documents are submitted and reviewed.
2. Underwriting (Days 3–10)
Underwriters review income, assets, credit, and property details. They may issue conditions—small items they need clarified or updated—which can add time if not handled promptly.
3. Closing Prep (Days 5–20)
Once conditions are cleared, the lender issues a clear-to-close. Closing disclosures go out, final numbers are confirmed, and the closing is scheduled.
This full cycle takes most lenders a few weeks—but can move much faster with an experienced, efficient team.
What Slows Down a Mortgage?
Even smooth deals can hit delays. The most common culprits include:
Appraisal Delays
If an appraiser is backed up or has difficulty accessing the property, it can add days to the timeline. Ordering the appraisal immediately is key.
Missing Documents
Missing W-2s, outdated bank statements, or unclear deposits can add unnecessary back-and-forth time.
Underwriting Conditions
These are normal, but if borrowers take days to respond, timelines stretch.
Title or Escrow Issues
Liens, old mortgages, or incomplete title work can slow things down.
Slow Communication Between Parties
Agents, attorneys, lenders, appraisers, and escrow teams all impact speed.
Why Affinity’s Average CTC Is Just 12.5 Days
Not all lenders operate the same way.
Affinity Home Lending consistently achieves faster closes because of:
- Early document verification
- Same-day appraisal ordering
- Tight communication with all parties
- In-house processing and dedicated underwriting teams
- Proactive issue spotting BEFORE a buyer goes under contract
It’s not luck—it’s systemization.