I just answered your other question. 30-40 days for a commitment letter or conditional approval is unfortunately the norm for most lenders. Now with that said, we are not the norm. I am able to offer my clients a conditional approval or commitment letter more often than not prior to you even having a property picked out pending an appraisal once you have a contract. We generally only take about 7 business days to get a conditional approval. We are definitely faster than many other lenders out there today. Again, feel free to contact me.
Joshua Lerette â€“ Sr. Loan Officer
Residential Finance Corporation
Each of these different loan products have slightly different requirements and processing times.
If you are not already working with a Realtor, please give me a call, text or email and we can discuss the entire home buying process.
Scott Baker, Realtor
ERA REAL SOLUTIONS
513-227-5897 call or text