How long does it take to refinance?

Refinancing generally takes from two to four weeks. But this may depend on if you have had a recent appraisal of your home, if appraisers are located close to your property, and if there is an abundance of similar properties in the area. Home appraisal tends to be the main reason for slow refinancing, and often occurs when appraisers are busy as a result of a refinancing boom.  You can assist the timely processing of your application by having all of the necessary documentation properly completed.