Colli Real Estate

How long should it take to get a mortgage pre-approval these days?

I applied for one at a local bank online last Thursday. I haven’t heard anything by the following Tuesday so I called the bank and they’re saying that they’re experiencing a high volume of incoming applications and it’ll be one week. It’s Friday and I still haven’t heard anything. It’s not as if I’m applying for the mortgage itself, I just need a dollar figure so I have a piece of paper to go house shopping with.

It depends on who you work with. I’m pre-approving clients within 24 hours.

Is a Pre Approval an Approval? Mortgage Financing

On Approval $33.74 On Approval

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