Normally, you buy application shall be underwritten (approved) within 72 hours regarding underwriting entry and you may in one single day immediately after you give the totally finished papers with the financing manager. Which can capture as long as a month.
Recognized, Denied, otherwise Frozen
In case it is approved, underwriting tend to designate standards you’re going to have to meet having full approval, instance clarification of a late commission or a giant deposit. Continue reading