HUD 223(f) Closing Times

How Long do HUD 223(f) Loans Take to Close?

How Long do HUD 223(f) Loans Take to Close?

How long does it take for a HUD 223(f) loan to close? The answer can vary-- based on factors including how long it takes to perform due diligence on the borrower, and how long it takes to produce essential third-party reports on the property. In the best case scenario, a HUD 223(f) loan will take about 135 days, or 4.5 months to from initial engagement to close. However, if complexities arise, the HUD 223(f) loan process could take 6 months or more.