NAB turnarounds range from 1-20 days, says CEO subscribe A A Ross McEwan has confirmed that turnarounds differ depending on complexity and channel, with the direct channel able to approve “simple” loans in less than a day, while broker channel is taking around 12 days. Speaking at the economics standing committee hearing for the Review of the Four Major Banks and other Financial Institutions on Friday (16 April), NAB CEO Ross McEwan was questioned about the bank’s turnaround times for mortgages. Building on questions asked of both CBA CEO Matt Comyn and Westpac CEO Peter King the day prior, committee chair Tim Wilson MP asked: “What’s the current time frame for ‘time to yes’ for an application for a mortgage product?”