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Broker -

Lou24
Posts: 79 Forumite
Hi
I've given my details to a broker who is looking into it all
Payments each month and outstanding
How long would it take for them to get back to me?
It's ONLY been since yesterday but was wondering how long it takes
Is the longer it is the worse the outcome?
I know it's only been a day so this is not a moan
I was just wondering how long it takes .
I've given my details to a broker who is looking into it all
Payments each month and outstanding
How long would it take for them to get back to me?
It's ONLY been since yesterday but was wondering how long it takes
Is the longer it is the worse the outcome?
I know it's only been a day so this is not a moan
I was just wondering how long it takes .
0
Comments
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This question is not easily answered.
How long did the broker say it would take before they came back to you?I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
As above, i usually do a factfind and give the clients a timescale of when i will come back to them.
Sometimes its later that day other times its a week if i know i will need to speak to underwriters.I am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
No I never asked how long it will take.
So now I, getting worried that he can't find me a mortgage lender0 -
No I never asked how long it will take.
So now I, getting worried that he can't find me a mortgage lender
Do you have any unusual circumstances? Adverse credit, irregular income, unusual property type etc?
If the broker is doing their job thoroughly they will be checking for the best product then checking this fits criteria and affordability. This could take time.
24 hours isn't long.
Chase them if you are concernedI am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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