It usually takes a lender between 1-6 weeks to complete the evaluation of your application.
Like the video shows, it’s not unusual for the lender to ask for more information once the application has been submitted. The sooner you can provide the information the faster your application will be processed.
Once all the information has been verified the lender will call you to let you know the outcome of your application. If the loan is approved, a closing date is set up and the lender will review the closing with you.
And after closing, you’ll be able to move into your new home.
Latest posts by TitleTap (see all)
- 7 creative marketing ideas for business law attorneys - September 14, 2020
- 8 creative marketing ideas for bankruptcy attorneys - September 2, 2020
- 7 creative marketing ideas for real estate attorneys - September 2, 2020