How long does CMHC + Lender Approval take?

[David Boucher]

This is my second property, I put 20% down on my first property so I didn't have to wait for CMHC's approval. However my first home loan was completed every quickly. The appraisal was ordered on the second business day, and I had the purchase approval within the same week I made the deal.

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I was pre-approved by one of the big banks. I gave them absolutely every document necessary from day 1, more than they even need just in case.

2 weeks later, I found a property and managed to get a deal done. It's been 4 FULL business days since my broker received the purchases documents from the agent, and apparently even an appraisal hasn't been ordered according to my agent. We only have about 4 days left until the deal flops (out of 10 days total), and appraisal is not even done (doubt CMHC will approve without appraisal).

My credit is 815

GDS 24%, TDS 35%, 

Down paiement is my own & same job for 3 years. My profile is definitely not the problem.

Maybe I am overreacting, but this seems reckless. Does the stock market crash freezing them or something