?Instant Approval For Home Loans? is a common refrain for online mortgage lenders, but sometimes instant is longer than you think. During regular business hours with a typical application, you can expect the databases to approve your application almost immediately. However, any glitch in the system will require the intervention of a person, which adds a time delay.
The following lists the most common reasons for a delayed mortgage application. While you can prevent some of these delays, most are caused by the mortgage lender?s system. So just because your mortgage application is delayed, don?t assume it has been denied.
Complete The Application
Many applications are returned due to incomplete information. Start the application process by collecting View the rest of this article
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