LOAN APPLICATION/CLOSING PROCESS
Answers to your questions
Q: How can I apply for a loan?
A: Making your loan request is easy at First Metropolitan. There are several options. You can contact 1 of our 17 locations by phone, apply in person, or apply online at a time that is convenient for you. In less than 10 minutes, we will have all the information we need to process your application and get you an answer in about 1 hour. If you apply after hours or on the weekend, your application will be processed immediately the next business day.
Q: How long does it take to process my loan application?
A: We can complete your application in less than 10 minutes and get you an answer within the hour in most circumstances.
Q: Once my loan is approved, how long does it take to get my check?
A: In most cases, you will sign your loan documents and receive your money the same day. Otherwise, you can sign your loan documents and receive your money the next business day.
Q: Can I sign my loan papers online?
A: No. All our loan closings are done at your servicing branch location.
Q: What items do I need to bring to my loan closing?
A: You will need to bring your most-recent pay stub, identification, and social security card. We recommend that you ask one of our loan professionals if they will need any additional information before heading to the office to close your loan.
Q: How long does the loan closing take?
A: We understand that your time is valuable. Therefore, we try to get the paperwork completed and hand you a check in 45 minutes or less. However we will give you as much time as needed, because we want to make sure all your questions are answered and you fully understand the terms of your new loan.
Q: If I apply online, when will I know if my loan is approved?
A: Online applications are processed just as quickly as applications submitted in person or by phone – in one hour or less. Please keep in mind that your loan request will only be processed during normal business hours. If you apply after hours or on the weekend, your application will be processed immediately the next business day.