Taking Forever to get approved

So it's taking forever to get your home loan approved. Hey, it's Aaron from Diagnostics and Finance. One of the things that the banks are doing right now is they have this thing called service level agreements and they all are blown out. There are some that are short. I'm seeing that people are getting through with some of the minor lenders, ing Macquarie and a few others very, very quickly, but they may not suit your needs. And one of the things that these bigger banks are doing, doing, they might take 11 to 20 days to pick up your file. First off, the problem that goes around in your mind is if it's taking that long, is there something wrong with my application? Most of the clients, when I'm talking to them about how long it's taken to pick up the file, the biggest thing that goes through people's minds is there something wrong with my application? Why is it taking too long? And when people feel that it's taking too long, all those things come flooding in your mind. One of the things I wanted to tell you today is that that's not the case. It's just that the volumes are large, it's taking time and when they pick it up first time, the problem we have is most of the time in a post corona area is they're asking for more information and then it takes even longer. So be patient. Nothing's wrong with your application. If it's been submitted in by us at Diagnostics and Finance, it's usually the banks needing more time to assess the deal to go. Alternatively, if you are going for a speedy application and say you've got an auction coming up, we now need to screen those banks that are going to give us the shortest time period and meet the policies that you need to be able to get approved.