How long will it take to close the loan once I accept an offer?

Typically the process may take anywhere from 2-4 weeks, although each offer may vary. The sooner you are able to verify the information that you provided to your loan officer the quicker your loan will be processed. The standard information that is usually required is: Pay stubs, W2s, tax returns for the last two years (potentially), bank account numbers and details of your long-term debt (credit cards, auto loans, child support, etc.), and home appraisal. If you are self employed you may also be required to provide financial statements for your business. Lenders want specific information. For example, the origin of your down payment will be queried.