We would say that, on average, you should expect to close a home loan to buy a home in about 25-30 days or less. The fastest we closed was in 12 days, but that wasn't to be expected. It was a rare case where all the stars were actually aligned. Normally, if you hear someone tell you that they can close in 10 or 15 days, guaranteed, it's probably too good to be true.
The people who are out there promoting you and telling you that they can close at ridiculous delivery times have high prices or have very high interest rates and aren't as busy. It takes about 47 days to close an FHA home loan. FHA refinancing is faster and, on average, takes about 32 days to close. Buyers who are already pre-approved when they make an offer and who remain in close contact with their mortgage lender will have the best chance of closing a home quickly.