Has anyone noticed how different lenders have varying underwriting turnaround times? A few weeks ago, we had an application that took only three days with one company, whereas another dragged on for over two weeks. I’m curious if any specific strategies have helped your teams streamline communication and speed up the process.
I’ve found regular updates keep everyone aligned. Have any of you tried using shared progress trackers?
It’s crazy how much variance there’s — three days versus two weeks is huge! I’ve found that having a dedicated point of contact at the lender really helps speed things up. @janeH23, do you think setting up those shared progress trackers could make a difference, or would it just add more to everyone’s plate?
It’s like waiting for a bus — sometimes one comes right away, and other times you’re standing there forever — i think having clear timelines upfront can help set expectations on both sides. Have any teams found success with setting those benchmarks?