Sitting around and waiting for an approval from some giant bank, or financial institution that does not personally care whether you get approved for a loan or not.

Remember that a bank is in the business of  loaning money to people who really don't need it.  (Just try and get a loan from a bank when you need money badly.)

They are in the risk avoidance business.  Bankers are paid bonuses, and promoted, based on the quality of the loans they approve.  If they have even the slightest problem with a loan, it's usually a "no go" on your loan application.

You see your banker will still get his/her paycheck every two weeks whether they approve your loan or not.  But, if your loan goes bad down the road, it can cost them extra money.  So is it any mystery why banks are so hard to work with?

      Rule #1.  Make sure you always work with a motivated lender.