Everyone hopes their loan application process is going to be quick and easy, and for some people it is. They are straightforward applicants—full-time employees working for someone else, and have a 20% deposit or more. However, the majority of the population are not cookie-cutter applicants, and this next client certainly isn’t.
With the emergence of fintech, there are several companies that are now able to assess your loan application within 22 minutes. That’s a seriously quick turnaround and great if you’re got a property that you just must have right now.