We Fed-ex'd ours in on a Tuesday,got a Fedex on Friday that the notary signed it wrong, Fedex'd that back on Monday and got a letter regular mail that Friday saying "welcome you've been approved" or something like that. So not long at all!! The time frame was January 3, 2005 - January 14, 2005.
For my first purchase it took about two weeks to receive my approval letter. My add on took only one week. I know how hard the waiting is. My original purchase I was on pins and needles the whole time so here's a little pixie dust to speed things up!
I'm fairly certain for some reason applications were backed up when we purchased.........and deed processing.....SSR had not quite opened yet; my wife said it was only about 3 weeks...........but it seemed like a month! Congrats to all new owners!