Here’s what to expect — and how to keep it moving fast.

Refinancing your home doesn’t have to be stressful — and in most cases, it’s faster and easier than buying a home for the first time.

Still, the number one question we hear is:
👉 “How long will the refinance process take?”

The answer? Most refinances take 20–30 days from start to finish — sometimes faster, depending on your loan type and how quickly documents are provided.

Here’s a simple breakdown of the timeline — plus tips to help your refinance go smoothly.

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📅 The 5 Stages of a Typical Refinance

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✅ 1. Application & Initial Disclosures (Day 1–2)

Once you apply, we’ll:

• Pull your credit
• Review your current mortgage
• Send out initial disclosures for e-signature
• Request basic documentation (income, assets, ID)

💡 FHA and VA streamline refinances may skip income/doc requests entirely.

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✅ 2. Processing & Appraisal (Day 3–10)

During this time:

• We verify your financial documents
• Order a home appraisal (if required)
• Collect any additional items needed to complete the file

Tip: The faster you send documents, the faster we move.

🧠 FHA and VA streamline refis usually skip the appraisal, saving time and money.

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✅ 3. Underwriting (Day 10–15)

Your file is submitted to underwriting for approval. The underwriter reviews:

• Your credit and income
• The appraisal (if applicable)
• Your overall eligibility

If anything additional is needed, we’ll reach out right away. Fast response = fast approval.

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✅ 4. Conditional Approval & Final Review (Day 16–22)

At this point, you’ll likely receive conditional approval — meaning you’re nearly there.

You may be asked to provide:

• Updated pay stubs or bank statements
• Verification of employment
• Clarifications (if needed)

This is normal — and usually resolved within a day or two.

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✅ 5. Clear to Close & Signing (Day 23–30)

Once all conditions are cleared, your loan is marked clear to close.

You’ll receive your Closing Disclosure (CD) at least 3 days before signing, which outlines final loan terms and costs.

From there:

• You sign your documents
• The loan is funded
• The refinance is complete 🎉

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🧠 Can You Refinance Faster Than 30 Days?

Absolutely. Refi timelines often come down to:

• Loan type (Streamlines can close in 10–14 days)
• Appraisal (Waived = faster)
• Document readiness
• In-house processing (like we do at PRMI)

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🏢 Why PRMI?

We keep your refinance process:

• Fast — thanks to in-house processing and underwriting
• Clear — so you know what to expect at every stage
• Flexible — we help you refinance around your schedule, not ours

Whether you’re restructuring debt, reducing your payment, or switching loan types, we’ll guide you with zero guesswork.

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👇 Curious How Long Your Refinance Would Take?

Let’s talk about your goals, timeline, and which loan type makes the most sense — so we can get started (and finished) the right way.