How long does the loan approval process take?
The loan approval process at Wizard Home Loans typically takes around 2-3 weeks. However, this timeframe may vary depending on various factors such as the complexity of the application and the responsiveness of the borrower. To expedite the process, it is recommended to have all the necessary documentation ready, including proof of income, identification, and details of assets and liabilities. Furthermore, ensuring that all paperwork is accurately completed and providing prompt responses to any additional queries from the loan officer can help facilitate a faster approval. Wizard Home Loans strives to provide efficient service without compromising on thorough assessment, allowing borrowers to close their loans as quickly as possible.
Answered May 3, 2024
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