‚Äč

How Long Does It Take to Get a Mortgage Offer?

Answer

The total turn time of a mortgage varies depending on how responsive each person in the chain of events is to their job. It also varies from lender to lender. Typically, actions by the applicant can help to speed up the process.
2 Additional Answers
In the UK, it should take about 10 working days for a mortgage offer to reach the client. However, the process normally takes 3 weeks or longer as it is dependant in 3rd parties, such as employers, solicitors and surveyors.
When applying for a mortgage the first thing to do is to go through a pre-approval application, pre-approved for a loan up to a maximum amount. Your pre-approval will be good for a set period, usually it takes 90 days.
Q&A Related to "How Long Does It Take to Get a Mortgage Offer"
If you are looking to get the best rate, then the place to look for a mortgage is with a mortgage broker. Brokers offer loans from many companies so can help get you the best rate
http://answers.ask.com/Business/Other/who_offers_t...
1. Ask three different mortgage lenders for a good faith estimate and truth in lending statement for your mortgage. Be sure to ask for the same loan program and loan amount from each
http://www.ehow.com/how_6469864_compare-mortgage-o...
Consider both your current and future financial requirements in order to help you choose the best home mortgage for your needs. There are a variety of different loan types, but the
http://www.life123.com/career-money/real-estate/mo...
Woolwich, Leeds Building Society, Kent Reliance Building Society are the main ones, and every so often, Abbey. Depends on your deposit/equity though, and your affordability, and what
http://www.ask.com/question/which-lender-offers-th...
Explore this Topic
Mortgage offers don't last for long; they last for around three to six months, although many lenders are now reviewing their offer validity period. For you to ...
The validity of Mortgage offer depends on offering authorities and subject to availability of the property. Usually, they would specify the date of expiry when ...
Mortgage underwriting can take as little as a couple of hours if you walk into the bank or loan office, or as long as a month. This time frame can vary if your ...
About -  Privacy -  Your Cookie Choices  -  Careers -  About P.G. Wodehouse -  Articles -  Help -  Feedback © 2014 IAC Search & Media