how long does it take to get approved for a mortgage loan

How Long Does a Mortgage Pre-Approval Take – Gather You Documents. There are a few documents you’ll need to have in order to get pre-approved. A loan officer will ask for your past 2 years of tax returns, w2’s, bank statements, pay stubs and photo ID. You should gather these before calling in order to expedite the process.

How to Choose the Best Mortgage – Your mortgage is probably the biggest debt you’ll take. to get approved for a balloon loan. The problem is that you may not be able to come up with the huge payment that’s due within a few short.

How long does it take to get pre-approved for a home loan. – How long does it take to get pre-approved for a home loan? Follow . 5 answers 5.. No matter how you try any kind of "pre approval" will come with all sorts of "outs" for the mortgage company. They will reserve the right (for instance) and will check everything again just before.

How Long Does It Take to Get Approved for a Mortgage? | – It can take several days or weeks – even longer – to get approved for. for a mortgage could take as short as three days to as long as several months.. loan officer Scott Sheldon has ever seen someone get approved for a.

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How long will it take to get your mortgage approved? – But just because you can submit a loan application with the press of your computer’s "Return" key doesn’t mean that your approval will be coming in any faster. Ellie Mae, in its latest report, said that it all mortgage loans an average of 49 days to close during November.

How Long Does It Take to Get a Mortgage? Find Out Here. – Getting pre-qualified usually takes three days. Getting pre-approved, on the other hand, can take 7 to 60 days. This process can be complicated and lengthened by factors such as investment properties, bankruptcy, or divorce. How Long Does a Mortgage Approval Take? The actual loan approval process can typically take anywhere between 4 and 40 days.

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