The average processing time once your Student Loan Refinance application has been submitted and begins the review process is 4-9 days (for final approval). Once your final documents are signed and the 3-day rescission period has lapsed, the funds will be disbursed to your previous servicer within just a few business days.
Applications that require verification of self-employment income or have other forms of complex income typically experience a longer processing time. These loans will typically be approved within 10-20 days.