How long does it take for the bank to approve the mortgage?
Under normal circumstances, as long as the lender's information is complete when handling the mortgage, and after the approval of the bank, the bank's lending time generally only takes about one or two days, and generally does not exceed 15 days, depending on the efficiency of the handling bank. If it is not the end of the year, the loan will be faster.
Some property buyers choose provident fund loans when buying a house. Generally speaking, the approval time for provident fund loans is about 15 working days. Portfolio loans usually take 15 working days to 1 month, so if it takes too long for buyers and other loans to buy a house, it is best to go to the bank for consultation, and the bank will tell you if there are any problems.
Personal loan purchase process
1. Information about the application. Identity card and residence booklet of this Municipality; In addition to their ID cards and household registration books, non-residents of this city also need to provide household registration certificates or temporary residence permits provided by the household registration management department of their original place of residence. Minor residents need to provide birth certificates.
2. After accepting the loan application before the loan, the handling bank will conduct a real investigation on the completeness, authenticity, validity and legality of the application form and the required materials submitted by the loan applicant. Through the pre-loan investigation, the bank prepares for the examination and approval of applicants who are considered to meet the loan conditions.
3. Under normal circumstances, due to the relatively long term of mortgage loans, banks require buyers to apply for property insurance to prevent loan risks.
4. Sign a loan contract after investigation and approval. After the bank completes the registration notarization procedure, it informs the applicant to take the contract and sign the housing mortgage loan contract.
5. The buyer and the seller should handle the property right transfer to the Housing Authority. Information provided: ID cards of buyers and sellers, real estate licenses, deed tax certificates, and commercial housing sales contracts issued by the Housing Authority. If the area exceeds 200 square meters, it is necessary to provide a transaction evaluation report and copy the information.
6. After the transfer of house property rights is completed, the bank will handle the mortgage and get his other warrants 7 days after the mortgage.
7. Apply for the core property certificate, the bank will take back his right certificate and the bank will lend money. After the bank lends money, it needs to provide the borrower's deed tax certificate and a copy of the real estate sales contract to the bank, and the intermediary agency also needs to stamp the official seal on the second-hand house mortgage transfer confirmation.