All residential mortgage loans are subject to credit approval in accordance with Columbia Bank’s lending policies.
[1] Columbia Bank’s “Fast Track” preapproval program typically provides a decision within 24 hours or the next business day for weekends and holidays. The “Fast Track” preapproval program is valid for 90 days and to borrowers who are not self-employed, and not a business owner and do not own any investment properties. The applicant must write “TBD” as their property address on their application in order to be eligible for a Fast Track preapproval. This program is available for New Jersey, New York & Pennsylvania purchase mortgages only.
[2] Columbia Bank’s “Simple Track” preapproval program typically provides a decision within 48 hours or the next two business days for weekends and holidays. The “Simple Track” preapproval program is valid for 90 days and is available to borrowers who are self-employed, own less than three businesses and have limited investment properties. The applicant must write “TBD” as their property address on their application in order to be eligible for a Fast Track preapproval. This program is available for New Jersey, New York & Pennsylvania purchase mortgages only.
For current rates, fees, and restrictions, please contact Columbia Bank at (800) 522-4167 or visit ColumbiaBankOnline.com for further details. Offer subject to change without notice. NMLS# 504284.
