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Question by  JeremiahJohnson (88)

What is the waiting period to lock in a construction loan?

 
+7

Answer by  Jimbob (2275)

The waiting period can very depending on whom you are lending the money from. Generally you will have to wait 30 days from the date the application is submitted to get word back and it may take longer.

 
+5

Answer by  timmsa (577)

This can vary from state to state, but most waiting periods are usually 20-30 days. But again it depends on the state and it depends on if there are any complications or if any paperwork needs to be changed.

 
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