Frequently Asked Questions (FAQ's)

How long does it take to receive Funds?

Typically it takes Initial Lending Group less than 24 hours to get a client prequalified. From there if the client is ready to move forward it usually takes about 48 business hours to get final approval.

Access to funds usually take place at closing and in some instances can get transferred into a checking account. The Client plays a role in the timing of the loan as well. At Initial Lending Group we expect each of our clients to be motivated and responsive throughout the entire process.

For a Line of Credit to actually receive the check book it usually takes around ten days. If needed sooner you may have funds transferred into a checking account.