VA Loan Timeline: Day-by-Day Processing Breakdown
VA loans in Colorado close in 28–40 days. VA-specific requirements — COE, VA appraisal, MPRs, and funding fee — add steps that conventional doesn't have.
Day-by-Day Timeline
- 1Day 1: COE requested through LGY system
- 2Day 1–5: Application, disclosures, document collection
- 3Day 5–8: File submitted to processing, DU/LP (VA) run
- 4Day 8–14: VA appraisal ordered through AMC
- 5Day 14–20: VA appraisal received, MPR review
- 6Day 20–26: Underwriting submission, conditional approval
- 7Day 26–32: Conditions collected and submitted
- 8Day 32–36: Clear-to-close
- 9Day 36–40: Closing
How CTC Manages This Process
VA loans are one of CTC's specialties in Colorado, particularly for Fort Carson, Peterson, and Schriever military buyers. COE retrieval, VA appraisal management, and MPR tracking are all handled by CTC from day one.
Frequently Asked Questions
What is the VA appraisal process?
VA appraisals are ordered through the VA-assigned AMC using a VA-panel appraiser. The process takes 10–21 days depending on market and appraiser availability. CTC orders VA appraisals immediately on intake.
What makes VA loans different from conventional at closing?
VA requires a VA Closing Statement (in addition to standard CD), funding fee (unless exempt), and VA-specific closing packages. CTC prepares VA files so the lender's closing department has everything needed.
Can PCS military buyers close faster than 30 days?
We try. CTC prioritizes VA files with active PCS dates and works with AMCs to expedite VA appraisals for military clients facing must-close PCS deadlines. Same-day COE retrieval when possible.