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Updated about 8 years ago,
Funding for multi unit property
I applied for a loan with a local credit union about 2 months ago, I explained my intentions and they seemed to be good with it. I submitted all of the necessary documents and have not heard too much, in terms of application status. I have checked with them a few times and they just tell me that they will get back to me. Is this typical? Does it usually take this long? The have all of my financials. Should I look somewhere else/ Trying to finance my first deal which will be a multi unit by and hold.