Processing is the time between application and loan closing. During this time your loan processor reviews your income and asset documentation, obtains a title insurance policy, clears any clouds on title, orders and reviews your property appraisal, obtains evidence of homeowners insurance, verifies the flood zone status of your property, and coordinates the signing and closing of the loan. The Loan Processor also pulls credit, and puts all documentation in order to submit the loan to the Underwriter. This process typically takes 30 to 60 days.