Please read below and confirm at the bottom.
Loan commitment and final approval are subject to a streamlined and expedited due diligence process. This work is undertaken to approve a specific property and its project plan for financing.
Loan Process Speed
1. After we receive a completed pre-approval application package, you should expect a pre-approval decision within 3 business days.
2. After we receive a completed loan application package, you should expect a loan commitment decision within 3 business days.
3. If the loan commitment decision is favorable, you should expect a final loan approval decision within 5 business days.
4. After receiving a final loan approval, you should expect that funds will be ready for settlement within 5 business days.
Confirm that you have read and understand the lending information above: