How long does a refinance take, and what do I need to provide?

The timeline

Application and disclosures take a day or two. Appraisal scheduling is the most common variable. Underwriting, conditions, and closing follow, and a primary residence refinance includes a three day right of rescission after signing before funds disburse.

What to have ready

Gathering these at the start removes most of the waiting.

• Recent pay stubs and two years of W2s or returns.
• Two months of asset statements if funds are needed.
• Current mortgage statement and homeowners insurance declaration page.
• Association information, if applicable.