I called to check on the status of my application and hear it is ';temporarily approved pending two confirmations.'; These include making sure my house is not in a flood zone, and the value of the house. In order to do this, the application has to be assigned to someone, and that has not been done in over a week.
Since I am requesting under $500,000, the bank absorbs the costs associated with the confirmation of the value of the house.
How long does it normally take? I assume they checked my credit score already, the purpose is to consolidate debts and I am in the red. Could they reject the application on the basis of poor credit now?