A typical loan process from the time we take your application to closing is 6-7 weeks. Sometimes loans can take much longer. This usually depends on you and the condition of your property. If you want to move it along quickly, we can actually close a reverse mortgage in as little as 3-4 weeks if there are no problems with things like the Title repot or Trust issues. If the property appraisal requires any fixes, such as a damaged deck, or problems with a foundation, it can take longer to get these things resolved.