The lender's review process to evaluate a borrower's creditworthiness and the property's value before approving a mortgage. Takes 2-4 weeks typically. Reason financed sales fail.
Related terms
Reviewed by John Quigley · Founder, BuyHousesInCash · Last updated May 2026
Selling a house in a hurry?
We close in 7 days. No fees, no repairs, no agent commissions.
Get a Cash Offer →