If you submit complete application materials for a China Merchants Bank loan, the approval time will be about 15 working days. Because it involves evaluation, mortgage registration and other steps, the situation of each customer will be different; the specific loan disbursement time, For relevant information such as whether you can cancel, please contact the handling outlet or loan account manager directly for confirmation.

House mortgage loan process:

The borrower must fill in the residential mortgage application form before borrowing, and submit the following supporting documents to the bank: the borrower's fixed economic income certificate issued by the borrower's unit; Credit certification documents such as the business license and legal person certificate of the loan guarantor; the legally valid identity certificate of the borrower; the relevant housing ownership certificate that complies with the legal provisions or the proof that the person has the right to control the house; the valuation report, appraisal report and appraisal report of the mortgaged property. Insurance documents; contracts, agreements or other supporting documents for the purchase and construction of housing; other documents or materials required by the lending bank.

The bank will review the borrower's loan application, home purchase contract, agreement and related materials.

The borrower will hand over the property title certificate and insurance policy or securities of the mortgaged property to the bank for collection.

The guarantors of both the borrower and the lender sign a housing mortgage loan contract and have it notarized.

After the loan contract is signed and notarized, the bank's deposits and loans from the borrower will be transferred to the house selling unit or building unit specified in the house purchase contract or agreement.