How long does it take to get a mortgage approved, and can I do anything to speed up the process?

How long it may take before your loan is approved depends on what kind of loan you apply for, the efficiency of your lender, the lender's workload, and your own diligence in supplying required information.

Here again is where an agent's knowledge of what your lender needs and where the information comes from can help prod the process along - even to carrying papers from one place to another.

From experience we know the process works best when you rely on an agent, and lenders appreciate the agent as a single source to turn to for answers. An agent will keep tabs on the different sources of information and needed action: Has your bank supplied your account information? Have your credit card companies produced reports? Will your insurance policy be guaranteed to be in effect by settlement day? Have your parents, relatives or friends provided the "gift letter" that must accompany cash donations? Has you employer verified your income, etc?

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