Once the application is submitted, anywhere from 2 hours to 4 weeks. It will depend on the lender you use and how accurate all of the information you supply to the lender is.

Yes you can. If you qualify you can even get government support to purchase a home with a 2% deposit. Have a chat to your broker and they can see if you qualify.

Short answer is yes. Long answer is depends on your lender. Some will allow it for the deposit and some will not. You will need to ask your broker or lender if they will accept it.

Generally if the comparison rate is a lot higher is the product you are looking at has a higher upfront fees and usually a large annual fee.

Yes you can as long as you have enough income to support the loan