Generally, bank loan approval takes about 15 days. If there are policy changes, the time may be extended to one month. Or the bank may be short of funds. At this time, the loan may need to be queued, which will further extend the time.

If you have not been approved for more than 3 months, it may be that your materials or qualifications do not meet the loan conditions. If the application cannot be applied, the bank will notify you personally. After approval, the bank will not lend immediately, but will need to sign a contract with you; after the contract is signed, CCB will issue the loan as agreed in the contract when conditions are met.

After the bank collects the information, it will submit it internally for approval, and then go to the housing management trading center to handle the mortgage registration procedures, which will take about 10 working days until the trading center issues other warrants (issued by cities that implement real estate registration) "Real Estate Registration Certificate") the bank will issue the loan within 3 working days.

Extended information

In an environment where lending is difficult, home buyers can also take advantage of the trend. Although bank lending has generally been tight since the beginning of this year, the total amount of lending is roughly the same as last year. As long as you master certain loan methods, you will be able to get loans with ease.

Method 1: Apply for a loan at the beginning of the month to secure a sufficient loan quota

Since banks will no longer carry out "surprise" lending this year, but will use a monthly matching quota method to lend. Therefore, home buyers can try to submit loan applications at the beginning of each month. Generally speaking, banks will have relatively ample quotas at the beginning of the month. In terms of lending, banks also follow the order in which applications are submitted, so applying at the beginning of the month can shorten the time to obtain a loan.

Method 2: Obtain professional loan solutions through cooperation with guarantee institutions

In addition to grasping the time of loan application, home buyers can also cooperate with professional guarantee institutions. On the one hand, professional Guarantee agencies have stable cooperative relationships with many banks and have rich and stable resources. They are much more advantageous than home buyers applying to banks alone. They also have certain advantages in loan speed and interest rates.

Method 3: Make flexible use of "interest rates" and commercial loan provident funds

Since the interest rates of commercial loans and provident funds are different, the lending and processing situations are also different, so buyers can consult more Banks can also use provident fund loans with low interest rates to provide loans. Since the maximum provident fund loan amount is RMB 800,000, the shortfall in the loan can also be made up through a combination of commercial loan + provident fund loan to save loan interest.

Reference materials: People's Daily Online? Bank mortgage lending is still tense

Baidu Encyclopedia? New loan regulations