2007-04-04 05:33:37 · 5 answers · asked by stevenzepke 1 in Business & Finance ➔ Renting & Real Estate
Could take a couple of weeks. Shoot me an email to msmith@premierloangroup.com, if I can help
Marty
2007-04-04 05:37:17 · answer #1 · answered by Anonymous · 0⤊ 1⤋
Brokers submit their approvals to wholesale lender underwriters. They are at the mercy of that particular lender's pipeline and, for the most part, have no control over that time frame. That said, some high volume producing loan offers have "pull" at some of their preferred lenders and can get preferred service.
Depending on those factors and how busy your market is, it could take anywhere from 1 to 3 days. Any more than that and you'll know there is an issue to be resolved.
2007-04-04 05:40:18 · answer #2 · answered by mazziatplay 5 · 2⤊ 0⤋
Typically you'll know 24-48 hours after your loan package has been submitted. Of course sooner or later depending on if the underwriting department is backed up or not.
2007-04-04 05:38:05 · answer #3 · answered by Nicole K 2 · 1⤊ 0⤋
depends on the underwriting's backlog..anywhere from 24 hrs to 2 weeks is typical
2007-04-04 06:01:23 · answer #4 · answered by boston857 5 · 0⤊ 1⤋
Depends on the company, but I got mine in just a few hours.
2007-04-04 05:40:30 · answer #5 · answered by Anonymous · 0⤊ 1⤋