I got my LTI approved through a trust in like 25 days if I remember correctly.Crazy that trusts are super fast now too.
Just got another Form 4 Individual approved this morning, new record for me. 36 hours and 53 minutes.
To your knowledge, are all form 4's with misdemeanors taking longer or just some?I’m a class 3 dealer, here is what I’m seeing for the form 4 with no trust. I’ve gotten some approvals in less than 24 hours, most in less than a week and a few in 3-5 months. All of the ones that are going over a couple of weeks the buyer has a misdemeanor on their record. They will get approved but someone will have to manually approve it.
If you’re doing a trust the average is 4-7 months but can go 13 months. Once in awhile they batch them and a guy might get all approved at once that he’s put in for in the last year.
I’m not even sure it’s the misdemeanor causing them to be slow but it’s the only thing common between them. I’ve been asking the people that are going through quick and they haven’t been in any trouble, the ones that are held up have something on their record. I’d be curious if a shop with high volume noticed the same.To your knowledge, are all form 4's with misdemeanors taking longer or just some?