Timeline to Getting A Home Loan

Timeline to getting a home loan approval can vary. An example can be where valuations are required. Usually take 48 hours but can be delayed where the valuer has to gain access to the property e.g. there may be tenants to liaise with or a remote location. On the other hand this process can sometimes be sped up where lenders rely on contract prices; by using modeled valuations; or by making ‘drive by’ assessments.