Commercial loan process:

Submit a loan application: When signing a house sales contract, you can apply for a commercial loan from the bank.

The bank accepts the investigation: after receiving the application materials of the loan applicant, the bank will review the materials.

Bank verification and approval: the loan bank will verify several aspects, such as the situation of the house, the qualifications and credit of the borrower.

Both parties shall go through relevant formalities: the bank informs the loan applicant that after the loan is approved, it is necessary to open an account in the bank, get a debit card and sign a loan contract.

Bank loan: After all the loan procedures are completed, the bank will transfer the loan funds to the account of the real estate developer, and the loan relationship will be established, and the lender will repay the loan according to the regulations.

Provident fund loan processing flow:

Lenders applying for housing provident fund loans need to submit a written application to the bank, fill in the Application Form for Housing Provident Fund Loans and provide relevant information truthfully.

Banks accept and review loan applications with complete information and submit them to the provident fund center.

The provident fund center is responsible for approving loans and informing banks of the approval results.

The bank shall notify the applicant to handle the loan formalities according to the examination and approval results of the provident fund center. The borrower and his wife sign a loan contract and related contracts or agreements with the bank, and send the loan contract and other procedures to the provident fund center for review. After the approval of the provident fund center, the entrusted bank will allocate the loan funds, and the entrusted bank will issue the loan in full and on time according to the loan contract.

If the borrower has a mortgage, he shall go through the mortgage registration formalities with the property right management department where the house is located. If the mortgage contract or agreement is signed by both husband and wife and pledged by securities, the borrower shall hand over the securities to the management department or the joint center for safekeeping.