How long does it take for the bank to approve a home loan?

How long does it take for the bank to approve a home loan?

Home loan approval usually takes around one week, although it can take longer if certain requirements haven't been met.

You can use our Bond Calculator to determine what home loan you would qualify for. This way, you can look for homes within your price range, thereby improving your chance of home loan approval.

Other ways to make the proces smoother include:

• Having a good credit record.
• Putting down a large deposit.

Read more at https://www.ooba.co.za/faq/how-long-does-it-take-for-bank-to-approve-home-loan/