How long does it take to get approved and close on a VA loan?

It actually doesn't take long at all to get approved with a VA home loan, usually 24 to 48 hours. However, approval is not the beginning nor the end of the homebuying process. Although you can start the process on your own, we suggest you meet with a real estate professional right away so they can not only guide you step-by-step, but hold you accountable along the way.

As for closing, the VA loan has a similar timeline to a FHA or conventional loan, which is usually between 30 and 45 days. From start to finish, the entire homebuying process should take you about two months.

 Below is a graph that gives a solid layout of the home-buying process.