How long will the loan application process take to complete?
Usually the process can take anywhere between 45 days and 60 days. The length of the process is based on the many factors such as waiting for the property’s value appraisal as well as verifying your financial situation. Other factors might affect the length of completion. If there is heavy lending activity at the time of your application or your situation is complex, this can delay the process. In addition holiday seasons are a factor to consider.
