How Long Does It Take To Refinance A House?

Refinancing a home can help you meet specific financial goals, but it’s natural to wonder how long the process will take.

Exploring the refinancing process and how long it should take to refinance a house could help you determine if it can benefit you.

How Long Does A Refinance Take?

A refinance takes 30 – 45 days to complete in most cases, but it could always require more or less time depending on a variety of factors. Processes such as appraisals, inspections and other services that third parties handle could slow down momentum. Your finances and property size can also impact the timing of a refinance.

Depending on the situation, a refinance may change your interest rate, the length of your loan, monthly payment and other factors. The funds from your refinance pay off your original mortgage after your closing. After that, you make payments on your new loan.