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A loan approval process should take anywhere from 1 day to 1 month, depending on the size and type of loan applied for, as well as the credit risk and underwriting needed for the borrower. loan approval process should take anywhere from 1 day to 1 month, depending on the size and type of loan applied for, as well as the credit risk and underwriting needed for the borrower.
So, how long after appraisal until you get a loan approval from your lender? It could be anywhere from a few days to a few weeks, depending on â¦ wait for it â¦ underwriting! The underwriting process could go smoothly and quickly, or it could drag on with a back-and-forth paper chase for several weeks.o, how long after appraisal until you get a loan approval from your lender? It could be anywhere from a few days to a few weeks, depending on â¦ wait for it â¦ underwriting! The underwriting process could go smoothly and quickly, or it could drag on with a back-and-forth paper chase for several weeks.