Why does it take a few hours to finance a $100k auto loan, but 30+ days to finance a $100k mortgage?

1.27K views

Why does it take a few hours to finance a $100k auto loan, but 30+ days to finance a $100k mortgage?

In: Economics

10 Answers

Anonymous 0 Comments

Much more paperwork with insurances and taxes plus you need inspections and appraisals on a house.

You are viewing 1 out of 10 answers, click here to view all answers.