The time it takes to complete a cash-out refinance can vary depending on a variety of factors, including the lender you choose, the complexity of your financial situation, and the amount of paperwork involved.
On average, the process of completing a cash-out refinance can take anywhere from 30 to 45 days, although it can take longer in some cases. During this time, you will need to gather documentation and provide information to the lender, such as your income, debt levels, and credit score.
Once you have submitted all of the necessary paperwork and information, the lender will review your application and determine whether or not to approve your loan. If your application is approved, you will need to sign closing documents and complete any final steps required by the lender.
Overall, it’s important to be patient and prepared when pursuing a cash-out refinance, and to work closely with your lender to ensure a smooth and timely process.
