US Housing Market Bottoming?The Market Oracle, UK -Mar 30, 2008They look at several -backed securities and slice into them. Already 20% of the loans are 90 days ...In one, the average loan is only 17 months old. Online mortgage applications are quick. An online application form takes about four minutes of your time filling it up. Approval can then be given within 24 hours. This is a far cry from the several business days it usually takes for traditional mortgage applications to be approved. In this regard, online mortgages are less time-consuming and even initially paper-free.
