diff --git a/btcwallet.go b/btcwallet.go
index 4a96fef..72728fb 100644
--- a/btcwallet.go
+++ b/btcwallet.go
@@ -69,7 +69,9 @@ func walletMain() error {
 	}
 
 	dbDir := networkDir(cfg.AppDataDir.Value, activeNet.Params)
-	loader := wallet.NewLoader(activeNet.Params, dbDir, true, 250)
+	loader := wallet.NewLoader(
+		activeNet.Params, dbDir, true, cfg.DBTimeout, 250,
+	)
 
 	// Create and start HTTP server to serve wallet client connections.
 	// This will be updated with the wallet and chain server RPC client
@@ -160,8 +162,10 @@ func rpcClientConnectLoop(legacyRPCServer *legacyrpc.Server, loader *wallet.Load
 				spvdb        walletdb.DB
 			)
 			netDir := networkDir(cfg.AppDataDir.Value, activeNet.Params)
-			spvdb, err = walletdb.Create("bdb",
-				filepath.Join(netDir, "neutrino.db"), true)
+			spvdb, err = walletdb.Create(
+				"bdb", filepath.Join(netDir, "neutrino.db"),
+				true, cfg.DBTimeout,
+			)
 			defer spvdb.Close()
 			if err != nil {
 				log.Errorf("Unable to create Neutrino DB: %s", err)
diff --git a/cmd/dropwtxmgr/main.go b/cmd/dropwtxmgr/main.go
index e1e3a1c..72552f3 100644
--- a/cmd/dropwtxmgr/main.go
+++ b/cmd/dropwtxmgr/main.go
@@ -9,6 +9,7 @@ import (
 	"fmt"
 	"os"
 	"path/filepath"
+	"time"
 
 	"github.com/btcsuite/btcutil"
 	"github.com/btcsuite/btcwallet/wallet"
@@ -19,16 +20,24 @@ import (
 
 const defaultNet = "mainnet"
 
-var datadir = btcutil.AppDataDir("btcwallet", false)
+var (
+	datadir = btcutil.AppDataDir("btcwallet", false)
+
+	// defaultTimeout is the default timeout value when opening the wallet
+	// database.
+	defaultTimeout = 60 * time.Second
+)
 
 // Flags.
 var opts = struct {
-	Force      bool   `short:"f" description:"Force removal without prompt"`
-	DbPath     string `long:"db" description:"Path to wallet database"`
-	DropLabels bool   `long:"droplabels" description:"Drop transaction labels"`
+	Force      bool          `short:"f" description:"Force removal without prompt"`
+	DbPath     string        `long:"db" description:"Path to wallet database"`
+	DropLabels bool          `long:"droplabels" description:"Drop transaction labels"`
+	Timeout    time.Duration `long:"timeout" description:"Timeout value when opening the wallet database"`
 }{
-	Force:  false,
-	DbPath: filepath.Join(datadir, defaultNet, "wallet.db"),
+	Force:   false,
+	DbPath:  filepath.Join(datadir, defaultNet, "wallet.db"),
+	Timeout: defaultTimeout,
 }
 
 func init() {
@@ -93,7 +102,7 @@ func mainInt() int {
 		fmt.Println("Enter yes or no.")
 	}
 
-	db, err := walletdb.Open("bdb", opts.DbPath, true)
+	db, err := walletdb.Open("bdb", opts.DbPath, true, opts.Timeout)
 	if err != nil {
 		fmt.Println("Failed to open database:", err)
 		return 1
diff --git a/config.go b/config.go
index 2b9e7ea..54575cb 100644
--- a/config.go
+++ b/config.go
@@ -33,7 +33,8 @@ const (
 	defaultRPCMaxClients    = 10
 	defaultRPCMaxWebsockets = 25
 
-	walletDbName = "wallet.db"
+	walletDbName     = "wallet.db"
+	defaultDBTimeout = 60 * time.Second
 )
 
 var (
@@ -58,6 +59,7 @@ type config struct {
 	DebugLevel    string                  `short:"d" long:"debuglevel" description:"Logging level {trace, debug, info, warn, error, critical}"`
 	LogDir        string                  `long:"logdir" description:"Directory to log output."`
 	Profile       string                  `long:"profile" description:"Enable HTTP profiling on given port -- NOTE port must be between 1024 and 65536"`
+	DBTimeout     time.Duration           `long:"dbtimeout" description:"The timeout value to use when opening the wallet database."`
 
 	// Wallet options
 	WalletPass string `long:"walletpass" default-mask:"-" description:"The public wallet password -- Only required if the wallet was created with one"`
@@ -273,6 +275,7 @@ func loadConfig() (*config, []string, error) {
 		MaxPeers:               neutrino.MaxPeers,
 		BanDuration:            neutrino.BanDuration,
 		BanThreshold:           neutrino.BanThreshold,
+		DBTimeout:              defaultDBTimeout,
 	}
 
 	// Pre-parse the command line options to see if an alternative config
diff --git a/walletsetup.go b/walletsetup.go
index de63415..3723abe 100644
--- a/walletsetup.go
+++ b/walletsetup.go
@@ -102,7 +102,9 @@ func convertLegacyKeystore(legacyKeyStore *keystore.Store, w *wallet.Wallet) err
 // provided path.
 func createWallet(cfg *config) error {
 	dbDir := networkDir(cfg.AppDataDir.Value, activeNet.Params)
-	loader := wallet.NewLoader(activeNet.Params, dbDir, true, 250)
+	loader := wallet.NewLoader(
+		activeNet.Params, dbDir, true, cfg.DBTimeout, 250,
+	)
 
 	// When there is a legacy keystore, open it now to ensure any errors
 	// don't end up exiting the process after the user has spent time
@@ -219,7 +221,7 @@ func createSimulationWallet(cfg *config) error {
 	fmt.Println("Creating the wallet...")
 
 	// Create the wallet database backed by bolt db.
-	db, err := walletdb.Create("bdb", dbPath, true)
+	db, err := walletdb.Create("bdb", dbPath, true, cfg.DBTimeout)
 	if err != nil {
 		return err
 	}