Video — Can Lenders Delay Loan Estimates For Additional Information?

Once you have supplied these 6 facts to a lender, the clock is started for them to return a Loan Application within 3 business days:

Loan Amount

Estimated Property Value

Property Address

Your Name(s)

Your Social Security Number(s)

Your Income

Lenders are free to collect additional information based on their loan application processes, but are not free to change the 3 business day deadline. Once these 6 facts are accepted in an application, lenders are required to respond on time.