Once I have submitted a loan application, how soon will I know if it has been approved? How will ArtLoan notify me?
Most loan applications are processed within 48 hours and are submitted to our underwriting department immediately thereafter. In most cases, you will be notified within 5 business days concerning your loan status. For final loan approval, property must be received and inspected at an ArtLoan facility or in situ by an ArtLoan property expert. All loan notifications are sent via email.
Related Questions
- Do approved WHEDA lenders need to complete a separate application and Loan Origination Agreement to do the Wisconsin Neighborhood Advantage loans?
- If the CALIA+ application involves the refinancing of a loan from another financial institution, does the borrower need to notify them?
- Once I have submitted a loan application, how soon will I know if it has been approved? How will ArtLoan notify me?