How long does the loan approval process take?

The loan approval process duration varies depending on several factors. Lending Tree strives to make the process as swift and efficient as possible. Typically, it takes around 48 to 72 hours to receive initial approval. However, the timeline may vary depending on the complexity of the loan application and the responsiveness of the borrower. Some borrowers have received approval within just a few hours, while others may take longer, especially if additional documentation or verification is required. Lending Tree provides a user-friendly online platform where borrowers can submit their application and required documents, helping to expedite the process. Applicants are encouraged to promptly respond to any requests for additional information to ensure a faster approval process.