Average Housing loan process time takes more than a month. 30-40% of the applications ends up in rejection due to bank assessment on application or applicant unwilling to take the reduced loan amount or not satisfied with loan product. Due to this, projects get delayed and the supply chain gets halted. Processing fee will be lost in case of rejection, unprofessional handling of applicants by the agents as the application is being sourced by agents who lack professional expertise. Lack of options for the customers on which bank to apply as only after a full process will they be knowing about the rejection, due to this applicants have to apply the process all over again to another institution. Funding institutes covertly announces hidden charges in the last minute , due to project funding pressure, applicant has to accept the offer.