How long will it take for my home loan to be approved?

20 Aug 2015

If you provide the required documents, it does not take very long for home loan to be approved. In most of the cases, the financial institutions grant you a pre-approval or a conditional approval within two to three business days, allowing you to shop around for property. The formal or the unconditional approval might take up to seven business days depending on the valuation of the property.