Home loan approval times vary from lender to lender and also depend on how complex your borrowing situation is.
A lender may be understaffed or very busy when you apply, and an approval might take several weeks. Some online lenders have developed faster digital approvals that allow them to process an application in a matter of days. A big bank may take weeks to approve a loan.
If you have all your loan paperwork, financial information and identity documents organised, the approval process might be faster.