Read more unting for some things that had to be double-checked, so without that happening it would have been even quicker! I would say if nothing needed to be checked roughly 3 business days for full approval) after I sent the contract of sale in for them to review. In terms of time-frame for full-approval: It took roughly 5 business days (this is acco. In terms of time-frame for pre-approval: It took roughly 2 business days for full approval subject to property only, with no contract of sale needing to be sent in before-hand (which is quicker and better than another lender who after 1 week of submitting a pre-approval application they informed me that they no longer do pre-approvals without a contract of sale signed). Overall a great experience using Tic:Toc Home Loans, I would definitely use them again! If Tic:Toc moved to UP's system it would be an instant sell for me. Please consider moving to a more modern banking platform, even leveraging UP since it's owned by the same company. Very complicated and it may cause me to switch banks in the near future if something isn't being done about it. This means that for the time being I have to stick with my current bank and spend days trying to make a home loan payment as none of the transfers are instant. While I do have an offset with them, the lack of features makes it impossible to use. Read more e Mobile App hasn't been updated in 2 years and the list goes on and on. No PayID, no Apple Pay, no ability to create multiple accounts, th. I'm talking early 2000's level of features and functionality.
As it's using Adelaide Banks underlying online banking portal, everything is ancient. The biggest disappointment is the online banking portal however. The customer service person I spoke to was also friendly, so highly recommended from that side of things. My application was fairly seamless and approval was quick with Tic:Toc, they even honoured the original fixed rate I signed up for even though rates had increased.