Or If get approve for an Auto loan, how long does it take to post in the credit report.
The credit report that the lenders can see.Mortgage Approved, How long it takes to show in the credit reports?
Not until the lender reports it. That probably happens after you make the first payment.
Being approved for a loan doesn't mean that much. How you pay the loan back is what matters. It's not going to appear on your credit report the next day. Nothing will. Lenders don't report every day. Some only report quarterly, and some don't report at all.Mortgage Approved, How long it takes to show in the credit reports?
I am a professional mortgage officer (20 years). If you had a credit report run, with the 3 major bureaus, the inquiry should show within several days!
Sincerely,
Michael Clough
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that should be at least by the next business day. it takes no time at all.
It won't get reported until the loan is actually funded.
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