If everything is correct, the underwriting process can go really quickly – as fast as 24 hours, Christopher said. Step 6. You’re almost done! You get a call from the title company, alerting you that your documents are ready to sign (the lender keeps the original loan documents and the title company keeps the title and escrow documents).
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On the fun scale, the mortgage underwriting approval process often feels like an exceptionally long dental appointment. You’ve dutifully gathered the mountain of documentation required to obtain a mortgage.You’ll hand them over to your loan officer or a mortgage processor.
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And a growing number of mortgage lenders are stepping up the pace, offering rapid pre-approval to home buyers-some within 24 hours of a borrower submitting an application, says Keith Gumbinger.
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‘I Got a Home Loan in 24 Hours’: How to Get a Mortgage Fast, Revealed. A growing number of mortgage lenders are offering rapid pre-approval to home buyers-some within 24 hours. Here’s how to.
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