2-3 weeks. Different banks, different time periods and different approval times. For example, ICBC's mortgage approval time is generally 2-3 weeks, and 2-3 months is also acceptable when it is slow. Generally speaking, the process of bank mortgage review usually goes through four stages of approval process, during which the cooperation of relevant insurance, guarantee companies, credit evaluation companies and notary departments will be needed.

Housing mortgage process

First, choose the right property.

Calculate the total price of the house, the savings you can pay the down payment, and then calculate the amount of loan you need from the bank. The loan amount that the bank can give according to your personal income is not bad, which requires buyers to choose a suitable house, and the down payment ratio of each house may be different.

Second, submit a mortgage application.

There are cooperative banks in the sales offices of general projects, so buyers can save the steps of finding banks. So after determining the housing, consult the relevant banks, understand the relevant provisions of bank mortgage loans, and prepare the documents required by the banks for review.

Third, wait for the bank's audit results.

The correct order should be to pass the bank's "application for mortgage loan" audit first, and then sign a house purchase contract with the developer. Because after the buyer submits the application, the bank will review the buyer's credit status and repayment ability. If the audit is unqualified and the bank refuses to issue loans, the buyers will find another way. It is likely that most people can't find the source of funds and eventually have to give up buying a house.

Fourth, sign the purchase contract.

If the third step of the bank audit is passed, the bank will issue a loan agreement notice or a mortgage loan commitment letter to the buyers. On the other hand, if the house is confirmed, the buyers can rest assured to pay the down payment and sign a commercial housing sales contract with the developer.

Verb (abbreviation of verb) sign a house mortgage contract

Signing a house purchase contract is half of the whole process. Next, buyers need to sign mortgage loan contracts with developers and banks with purchase contracts, down payment vouchers and related legal documents.

Six, the Housing Authority for the record

Hold the "Housing Mortgage Loan Contract" and the purchase contract to the relevant departments of the Housing Authority for mortgage registration. Generally speaking, it takes some time for the Housing Authority to put on record. Ask the local housing authority specifically. Only if the record is successful, the previously signed contract will be valid, and then the next mortgage registration and repayment can be carried out.

Seven, open a special repayment account to start repayment.

After the Housing Authority successfully files a case, the bank will designate a financial institution for the buyers according to the contract and authorize the opening of a special repayment account. The authorized agency will deduct the monthly payment from the buyer's bank account every month.