How fast can a land loan close?
Typically 2–4 weeks from application to funding. Turnrow issues a written term sheet in 24–48 hours from a 5-minute application; the remaining time is almost entirely the appraisal calendar and title work, which run in parallel.
The honest breakdown: term sheet in 1–2 days, appraisal ordered immediately on signing it, appraiser site visit and report in 1–3 weeks depending on your county's appraiser bench, title commitment usually inside 7–10 days, and document signing plus funding in the final 2–3 days. Nothing in that chain waits on income verification, because there is none.
Compare the alternatives. Farm credit and community bank ag loans commonly run 60–120 days — document gathering, committee schedules, and re-underwriting eat the calendar. Hard money can fund in a week but prices for the privilege. A 2–4 week close covers most purchase contracts, 1031 identification windows, and note maturities without hard-money pricing.
You control two levers: sign the term sheet promptly, since the appraisal cannot be ordered before it, and get your title company and entity documents lined up in week one. Borrowers who do both regularly land near the 2-week end of the range.
The Turnrow angle
Turnrow orders the appraisal the day the term sheet comes back signed — the long pole starts moving before anything else is even due.
The full timeline, step by step →
Related questions
Five minutes, zero documents, and a written term sheet in 24–48 hours answers most questions faster than reading.
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