How long does it take to get approved for a RAMS Home Loan?

The approval process for a RAMS Home Loan typically takes around 5-10 business days. However, the actual time frame can vary depending on various factors such as the completeness of the application and supporting documents provided by the borrower. It is important for applicants to ensure that all necessary information and paperwork are provided accurately and promptly to avoid any delays in the approval process. RAMS aims to make the process as streamlined as possible and provides regular updates to applicants throughout the assessment process. Additionally, RAMS offers a pre-approval service that allows potential home buyers to obtain an indication of their borrowing capacity before finalizing a property purchase, speeding up the overall process.