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This process can take anywhere from a few minutes to a few days, depending on the mexia lender. Borrowers should make sure they understand the bad interest rate, fees, and repayment schedule, and ensure that they can afford the monthly payments. Here are a few:.
This may include proof of income, such as pay stubs or tax returns, as well as information about any outstanding debts or assets. The lender will hold onto the alabama loan funds until the loan is paid off, at which point the funds are released to the borrower.