After you choose a loan officer and lender, she will submit your application to the loan processor, who will compile the file, order the appraisal and gather any additional information and verification. The loan processor may ask the loan officer for additional information from you, which you need to supply promptly. When the file is finished and the appraisal is complete, she will give the file to the underwriter, who will decide if the loan is approved. After approval, all that is left is the closing, where you will sign all the loan documents and complete the property transfer. The process usually takes around 30 days.