Under normal circumstances, banks have certain requirements for customers who want to get preferential interest rates, and not everyone can enjoy preferential interest rates. This is another criterion that we say depends on the loan threshold, including the threshold for obtaining interest rate discounts.

2. Look at the bank loan period:

Banks also have different requirements for the age of second-hand houses. For example, some banks require that the age of second-hand housing loans should not exceed 20 years, while some banks strictly require that it should not exceed 15 years, and some banks require that it should not exceed 10 years. For example, some banks will require buyers who apply for loans to have an account in the bank and the deposit amount is above, or the total amount of houses that require loans is above.

3. Look at the bank's interest rate adjustment method:

Mortgage interest directly affects the lender's economic pressure, and when the central bank raises interest rates or cuts interest rates, mortgage interest will vary according to the different ways of bank interest adjustment.

4. See if there is any penalty for repaying the loan in advance:

For some property buyers who plan to prepay, it is best to know the requirements of banks for prepayment, because some banks have requirements for repayment time and liquidated damages, and it takes several months or even more than 1 year to apply for prepayment.

5. Look at the bank's emphasis on mortgage business:

Buying a house with a loan can pay attention to the importance attached by local banks to the mortgage business, which is mainly reflected in the amount of funds used by banks in the mortgage business. The large amount of funds indicates that its target business volume is large, and mortgage customers will naturally be taken seriously.

How long does it take for banks to approve housing loans?

There is no clear standard for the time of mortgage approval. Different banks and different time periods will affect the time limit for approval. If it is short, it will take 2-3 weeks, and if it is long, it may take more than 3 months. Banks are strict in reviewing mortgages and need to submit more information. If the information submitted is not enough, it will affect the time of mortgage approval.

In addition, the audit of banks is also very complicated. After the account manager enters the system, it needs to be submitted to the leader for review. It also needs to be reviewed by the credit department and approved by a special approver before it can finally decide whether to pass or approve.