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Loan conditions

Sent in an application for a loan and sent back the truth in lending docs last thursday......sent in a wonderfully clean file and was curious what is the fastest i can expect the loan commitment and their conditions from the lender?  Is early this week asking too much?
  • August 01 2010 - Stamford
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Answers (3)

Best Answer

It will simply be determined by the lenders pipeline, didn't your loan officer tell you what time frame to expect? Congrats on a " wonderfully clean file", we all love those.   
  • August 01 2010
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mortgage broker said early next week but that seemed quick to me...not that i am complaining!
  • August 01 2010
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This would be best answered by your lender, But for me if the file is received complete and underwrite in house then 3-4 days would be acceptable and if the loan has to sent it out or Shop  then 7-10 days would be Acceptable

Hope this helps

  • August 01 2010
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