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How long will it take to process my application?

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How long will it take to process my application?

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Once your application has been sent to Victoria University, you will receive an email confirming receipt of your application. Most applications are processed in 2 to 3 weeks, however some applications including research and those involving credit for prior learning may take up to 6 to 8 weeks.

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The underwriting process may take several weeks. It is important to note that we may not be able to meet your requested effective date. Therefore, you should continue your existing health coverage until you have been given a final determination on whether your request for coverage has been approved.

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Approximately one to two months if a complete application is filed along with all the attachments.

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Security deposit accounts generally take less than a day to set up; however, VER recommends submitting applications early so that your equipment can be reserved. Advanced planning ensures that the equipment you need will be reserved. Equipment cannot be reserved until your account has been approved and a customer number assigned. Accounts with insurance take two to five business days to complete. The process will go more quickly when trade references respond promptly and your insurance documentation is submitted accurately. If you are concerned about your rental deadline, please contact the VER credit department.

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Gulfcoast Funding has several options available. With our no-income verification RV loans, we can usually respond with a credit decision within 24 hours. On occasion, it takes two days with a complete loan package and the proper income verification.

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