Talking to 400 or so brokers, John Flavell said...
At the height of the crisis - March, April and May - time to unconditional [loan] approval at NAB Broker ballooned to 30 days.
However, since then, he said the bank had addressed a number of issues around the approval process - including those relating to valuations, verification and mortgage insurance - with the result that approvals on average were now back down to nine days.
Nice to know your work has an effect on others.
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