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How long does it take to arrange a loan for building or renovating?

April 26, 2017arrange building loan renovating

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How long does it take to arrange a loan for building or renovating?

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A conditional approval is issued within two to three days. After that the building contract, plans and specifications are required. Once we receive these, a valuation is necessary before an unconditional approval is issued. Construction can commence as soon as the loan settles.