Refinancing your loan from one lender to another can be a lengthy process. There are many steps that need to be taken before settlement can take place.
Depending on the lender, it could take up to 6 weeks or even shorter with a digital lender. If the length of time will be a deciding factor, then pick a lender that can meet your time expectations.
There is submitting the application, approval, contracts, and settlement process. Each step is as important as each other and if not done correctly can cause delays in the process.
Here are 3 tips to get your refinancing done quicker