What is the average length of time that the loan process entails?
Our goal is to process your loan as fast as possible while still following the lenders required guidelines, this process can be as short as 30 days, and as long as 180 depending on the lender, the property, and your unique financial situation. However, you need to remember that certain stages of the mortgaging process in the US cannot be controlled by our company because we have to rely on other individuals to assist us during certain stages of the process. Depending on the size of the loan, certain lenders cannot approve them without the consent of a loan committee and these committees typically only review documentation once a week which typically delays the process. Just be reassured that we are always committed to seeing your loan close within that 30-day time frame based on the extensiveness of pending contracts as well as endeavoring to maintain our relationships with these banks and lending institutions. Rest assured that we will always be as aggressive as is humanly possible on