Normally your loan is approved, yet most likely with its condition. Depending on the lender, in general it takes about 1-2 weeks to get approved after your agent submit the complete package. PF is famous for its lower rate, but sometimes "unexpected" requirements.
After your loan is approved without any condition, this loan is in the clear to close stage. If your rate is locked, it is ready to sign loan doc.
approved
【在 k******o 的大作中提到】 : Normally your loan is approved, yet most likely with its condition. : Depending on the lender, in general it takes about 1-2 weeks to get approved : after your agent submit the complete package. : PF is famous for its lower rate, but sometimes "unexpected" requirements.
PF lending's rate is the lowest in the market in general. A little bit more hassle is understandable. Let your broker push your case. Hopefully there is no any new condition in the last minute.