On the other hand, we felt that the process of profile
approval took a little longer and is a little over — sensitive.
Not exact matches
This two - step
approval process usually adds 4 - 6 days to the final loan
approval process, so keep that in mind when you are writing up your contract because it
takes a
little longer to close these loans vs FHA, VA, and Fannie Mae loans.
Expect your full loan
approval to
take a
little longer because of this, and build that into any offer you make.
While the
approval process
takes a
little longer than with some of the other P2P lenders, this is because they are dedicated to allowing individuals pick the loans they want to invest in rather than keeping a large pool of money from investors.