How long does it take to receive Funds?

Typically it takes Initial Lending Group less than 24 hours to get a client pre-qualified. From there if the client is ready to move forward it usually takes about 7-14 days 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.

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