Into the age of same-day distribution and smart phones, we’re accustomed quick wish satisfaction. With some presses and taps, and within hours, a drone falls a package on your own porch. But once it comes down for you to get a mortgage, that is just not just just how things work. So just how very long does it try get a home loan? Probably longer than you would imagine.
“Today’s home loan process is extremely involved, especially pertaining to the paperwork needed, third-party verifications, additionally the appraisal that is independent, ” says Whitney Fite, president of Angel Oak mortgage loans, in Atlanta. (more…)