ANSWERS TO SOME FREQUENTLY ASKED
FINANCING QUESTIONS

Q.      ONCE I HAVE A CONTRACT ON A HOME, HOW LONG DOES IT TAKE TO PROCESS A  MORTGAGE APPLICATION?

 A.      Usually about 45 to 60 days. Although it can take as few as 30 days or as long as 90 days for some transactions. The actual time depends on how quickly the Lender can get an appraisal of the property, a credit report and a verification of employment and bank accounts.

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