How long does it take to get approved for a mortgage?

Asked 6 months ago
The time it takes to get approved for a mortgage can vary depending on several factors. At Franklin American Mortgage Company, we strive to provide a streamlined and efficient process. Typically, the approval process takes anywhere from 30 to 45 days. However, this timeline is subject to various variables, including the complexity of the applicant's financial situation, credit history, and the property being financed. Factors such as the turnaround time for documentation, appraisal, title search, and verification of financial information can also impact the approval timeline. We prioritize transparency and communication throughout the process, keeping applicants informed about the progress to ensure a smooth and timely approval experience. Rest assured, our dedicated team will work diligently to expedite the approval while ensuring accuracy and compliance with lending standards.
Answered Nov 1, 2023

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