Usually a month.
2. How long does it take to pre-approve the loan?
Pre-approval of banks usually takes 7 to 20 working days. However, the bank's approval time for commercial loans is 20 days, while the approval time for provident fund loans is relatively short, basically 7- 10 days, but the bank's approval time for portfolio loans also needs to reach about 20 days.
Mortgage loan process:
Loans are divided into three types: commercial loans, provident fund loans, and combined commercial and provident fund loans.
When submitting a loan application, the buyer needs to submit the original and photocopy of the house sales contract, household registration book, marriage certificate, ID card and income certificate.
After the information is submitted, the bank will check the information you submitted, mainly to review the basic information, reputation and repayment ability of the buyers, and also invite professional appraisal companies to evaluate the value of the houses (the evaluation results are generally slightly lower than the purchase price). After approval, the bank will inform you to sign a loan contract.
The bank lends money and completes the loan.
3. How long does it take for the bank to pre-approve?
The pre-approval of the bank takes one week from the receipt of loan application materials and telephone audit.
4. How long does it take for the bank to pre-approve?
Under normal circumstances, the pre-approval of banks generally takes 7 to 20 working days. However, the bank's approval time for commercial loans is 20 days, while the approval time for provident fund loans is relatively short, basically 7- 10 days, but the bank's approval time for portfolio loans also needs to reach about 20 days.
Mortgage loan method
1. Commercial loans: Generally speaking, the loan interest rate of commercial loans is higher than that of provident fund loans, and the down payment required is also higher. In real economic life, commercial loans can also be called personal housing loans, and commercial banks need to implement the loan interest rate uniformly stipulated by the central bank, which can fluctuate according to their own actual conditions;
2. Provident fund loans: Provident fund loans are specifically targeted at employees who have paid housing provident fund. Generally speaking, provident fund loans are operated by local provident fund management centers around the country, and lenders need to go to the local provident fund loan center for approval;
3. Portfolio loan: specifically refers to the combination of commercial loan and provident fund loan applied by the lender. This kind of loan has a moderate interest rate and a large loan amount.