Lending is such a process.
Bank loan process
1, customer application. Customers apply to the bank, fill in the application form in writing and submit relevant materials at the same time. It should be noted that in addition to applying for rural microfinance, other types of loans must also provide relevant information. Mainly includes: the basic information of the borrower and the guarantor. Correct the original unreasonable loan. List of collateral and pledge, the consent certificate of the person who has the right to dispose of the collateral and pledge, and the relevant certificates that the guarantor intends to agree to guarantee. Other relevant information, etc.
2. Sign the contract. After the application materials submitted by the borrower are approved by the bank, the two parties sign a loan contract and a guarantee contract, and the bank evaluates the applicant's credit rating. Handle relevant notarization and mortgage registration procedures as appropriate.
3. issue loans. After obtaining the mortgage certificate, if the loan is approved by the bank, after all the formalities are completed, the bank will directly transfer it to the borrower's counterparty or issue it to the borrower through transfer according to the contract, and the borrower will pay it to its counterparty.
4. Post-loan inspection. Follow-up investigation and inspection of the borrower's execution of the loan contract and the borrower's operation.
5. Repay on schedule. The borrower shall repay the principal and interest of the loan according to the repayment plan and repayment method agreed in the loan contract. Within the repayment period agreed in the loan contract, the borrower may postpone 10 natural days on the basis of the agreed repayment date. If the loan is to be postponed, it should be before the loan maturity date. The borrower needs to apply to the bank for loan extension, and the bank decides whether to extend the loan.
1. How long will it take for the mortgage loan to be approved?
According to the current general market situation, there are some differences in the approval procedures among banks, but the process from formal application to final approval of banks takes 12 working days at the earliest, and loans are received within 48 hours after approval. Because it involves evaluation, mortgage registration and other links, the situation of each customer will be different; You can directly contact the handling branch or loan account manager to confirm the specific loan release time, review status, processing progress and cancellation.
Second, the bank loan process
1. First submit personal loan application;
2. After bank acceptance-evaluate the mortgaged property;
3. Review the loan according to the appraised price and the information provided by the borrower;
4. After passing the examination, sign a loan contract with the law firm, and go through the mortgage formalities of the certificate of immovable property right at the same time;
5. Bank loans.
To sum up, from the above, we can know that the approval speed of mortgage loans depends on the approval procedures of major banks, after all, the process of each bank is different. Generally speaking, applicants need to fill out and submit a bank loan application before the bank will accept it. For real estate appraisal, loans will be reviewed, loan contracts will be signed and mortgage procedures will be handled. This application process is still relatively short, just follow the steps.