How long does it take to approve the mortgage?
The approval of bank loans is generally about 15 days. If there is a policy change, the time may be extended to 1 month. Banks are short of funds. At this time, loans may need to be queued and the time will be longer. It has not been approved for more than 3 months, and it may be that the materials or qualifications do not meet the loan conditions and cannot be processed. The bank will inform me. After the approval, the bank will not immediately lend money, but also need to sign a contract; After the contract is signed, CCB will issue loans according to the contract when conditions are met.
Audit links related to bank loans:
1, view the property values.
The first thing that needs to pass the loan review is the value of the mortgaged property itself. According to the changes in the market, the properties in different locations, different environments and different locations in the city determine whether they meet the loan conditions.
The type and age of real estate are all factors to evaluate real estate, and the value of real estate is not determined according to the transaction price of buyers and sellers, so it needs to be evaluated by a professional evaluation company.
2. Review the borrower's ability
Secondly, for the loan applicants themselves, income sources, family status, social background, credit records, etc. are all objects that banks need to review.
3. Second-hand houses need guarantee from guarantee companies.
If it is a second-hand housing transaction, the participation of guarantee companies is essential, and a formal professional guarantee company with good qualifications will bring more guarantee for the success of loans to buyers.