2. Because the time required for the approval process of each bank is different, the comprehensive qualifications of different borrowers are different, and the time to get the loan contract is uncertain. However, after signing the loan contract, the bank will generally release the loan to the borrower's account within 7 working days, and then the bank will inform you to start repaying the loan. When you repay the loan according to the contract, you can take your ID card to the bank to get the contract.
3. If you apply for a mortgage loan, the loan contract will generally be handed over to the developer, and then the developer will issue it to the borrower. In this case, the time when the loan contract can be obtained depends on the progress submitted by the developer and the time when you personally provide the information.
Introduction of loan contract. Loan contract is a form of economic contract. That is, the lender will deliver the money to the borrower for use, and the borrower will return a certain amount of money and interest to the lender on schedule in accordance with relevant regulations, and determine the rights and obligations between them. In order to ensure their own safety, the lender requires the borrower's financial status (especially its liquidity) to be at least as good as when signing the loan contract. The clauses listed in the loan contract to protect the interests of the lender are called protective contracts. The loan contract itself only means that the lender has the legal right to take action when the borrower violates the terms of the contract. Otherwise, the lender will be bound by its promised loan terms and will not take corrective measures before the contract expires.
2. use. The borrower shall use the loan for the agreed purpose and shall not use it for illegal purposes. The purpose of the loan agreed in the loan contract shall not violate the provisions of the state on restricting operation, franchising and prohibiting operation by laws and administrative regulations. Clarifying this clause can protect the borrower's right to use funds; For lenders, it can monitor the flow of funds, ensure the return of funds and control risks.