After your application is accepted/originated with a lender, the time between application and loan funding is known as loan processing. During this time your loan processor reviews your income and asset documentation, obtains a title insurance policy and clears any issues that may affect the credit union/lender from receiving a clear 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 funding of the loan. This process typically takes 30 to 45 days.