How long will it take to fund my mortgage loan?
Fortis Edge Capital strives to have all approved mortgage loans funded within 30 days of approval. However, between approval and funding there are a number of things that need to happen, including:
- Verification of income and other application data
- Appraisal of the property and dwelling
- Review of the title records associated with the property
- Creation of the loan documents
Some of these steps happen quickly, but others can be subject to scheduling concerns and the volume of loans in process. Your mortgage expert will be able to give you a more concrete timeline as you move through the process.
If you have any further questions about this, call us at 206.398.5500 or send us a message.