First time buyer
2006-11-16 20:43:01 · 11 answers · asked by Joanne T 2 in Business & Finance ➔ Renting & Real Estate
30 days, if even
2006-11-16 20:53:42 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Depends on how quick you can get the documents to the loan officer. Some banks have in-house underwriting departments, and can make a decision in a day or two. The actual appraisal and title work can take a few more days, so start to finish, if everything is lined up, you can get it done in a little over a week, but more realistically it takes at least 2 weeks.
2006-11-17 03:42:26 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Arranging a mortgage can take only a week to get a reply if you will get one.... the rest, as in buying a house and moving in will take another four weeks at least as solicitors seem to take for ever to just sign a bit of paper.
2006-11-16 20:53:50 · answer #3 · answered by 2 good 2 miss 6 · 0⤊ 0⤋
Hi, the process will usually take about 1-2 days if you have all the necessary documents ready. Perhaps, I can help you with your first purchase? I'm doing residential/commercial mortgage in the bank. You can call me at 94510826. Cheers, Jess
2006-11-16 22:14:18 · answer #4 · answered by Jess 1 · 0⤊ 0⤋
Well it depend on how organized all parties are, realtors, seller, lawyers etc. All going well 7-10 days. If your are looking to get qualified for a mortgage feel free to logonto http://www.justgetaloan.net for a fast free pre-qualification. Also you can contact me at 866 530 7300 ext 7305 or by email at jfreeman@justgetaloan.net
2006-11-17 08:04:59 · answer #5 · answered by Anonymous · 0⤊ 0⤋
If everything is perfectly ok then 3-4 weeks from application to offer, then there's the exchange of keys.
But, if there are problems with stuff like the valuation/property or if there are any issues with the searches the solicitors carry out it can be made longer.
2006-11-16 20:54:25 · answer #6 · answered by Anonymous · 0⤊ 0⤋
takes a few weeks. Go to a mortgage advisor (you can find them in estate agents) they will ask for stuff such as wage slips and bank statements. They will search which mortgage is best for you and then you can decide whether to apply or not. A couple of weeks later you will have your result, then you can start buying!
ood luck!
2006-11-16 20:51:42 · answer #7 · answered by tera_the_giga_dragon_bytes 3 · 0⤊ 0⤋
I arranged my last two on the phone in about half an hour, then they mail the papers and all signed up within a week.
Sounds like everyone else lives in a slower world than me.
2006-11-16 21:08:08 · answer #8 · answered by Ruthie Baby 6 · 0⤊ 0⤋
After chatting with a private loan adviser you choose for right here... final 3 financial employer statements and final 3 salary slips for the two your self and your important different. A council tax invoice for evidence of cutting-edge tackle (uncertain why?) For money laundering reasons, a duplicate of the two your passports or start certificates the quantity of deposit you're offering against the deepest loan. be certain the deepest loan adviser isn't charging you a broking provider value in any different case flow someplace else!
2016-12-29 03:35:26 · answer #9 · answered by ? 3 · 0⤊ 0⤋
If the papers are good and ready, hardly any time! In about a week at the most!
2006-11-16 20:51:43 · answer #10 · answered by swanjarvi 7 · 0⤊ 0⤋