Pre-Approval – How long does it take?

Days or weeks?

This week I had a pre-approval back from a major lender in 5 hours! Having said that the applicant provided all the information that was required up-front which definitely helps. It is not uncommon for 48 hours on pre-approvals although banks turnaround times can sometimes blow out with specials on rates but for the most part it should be around 48 hours. I hope this helps get you to an auction this weekend. Any questions give me a call Carol 0409 647 414