Hey everyone,
I applied for a home loan with SBI Shinsei Bank on Monday, and it’s now almost the end of the week. I called them today, and they said it’ll still take a few more days and that the results will be sent by mail (not email or phone).
My real estate agent also tried following up, but SBI told them the same thing, that it’s still under review and no info has arrived yet. Apparently, once it’s done, they’ll send the result by post to me directly?
I also tried SMBC and they got back to me within 2 days with a pre-approval, however it was an atrociously high rate (3%).
For context:
– Loan amount ¥62m
– Married to a Japanese spouse
– Combined income around 11 million yen
– No PR yet, 7 years in Japan
We were hoping to sign the purchase contract this Sunday as we’re quite worried someone else will snatch the house we’re looking at, but it looks like that’s not happening unless SBI gives some kind of OK before the pre-approval arrives.
Is it normal for SBI to take this long and only send results by mail?
How long did it take for you to get your 事前審査 (preapproval) result with SBI Shinsei?
by ffx292