Hi
I have recently applied for an ANZ home loan and wanted to get full approval asap.
I was told by the ANZ mortgage broker that the standard time is 5 business days but he can push and think that 3 days would be realistic.
I have spoken to him daily and I keep getting told that my application has been assessed but it's currently with ANZ's internal LMI Team and that they are busy/short-staffed.
Just wondering if anyone else has encountered something similar?
Also, what is the standard turnaround time, esp for ANZ? Although I knew 3 days was being optimistic, I expected 5 days to be sufficient.
My application is quite straightforward, I provided all documentation at the start and the valuation has come through fine.
I need to get full approval by the end of next week and just weighing up waiting and applying for a new loan with another bank.
Cheers