Is the loan successful after the interview?

Hello friends, the loan may not be considered successful after the interview! After the interview, the review results may not be given on the spot. If the interview is not passed, the loan will be considered failed. The user must pass the interview review before the lending institution will enter the next process and finally release the loan to the lender as agreed. Therefore, for loans, the loan application is considered successful only when the loan funds are received.

For some loans, even if the interview is approved, some problems are encountered during the loan process, which ultimately leads to the loan failure. This is also considered a user loan failure. The interview for a bank loan generally refers to the procedure in which the borrower brings the documents required for various types of loans (such as ID card, household register, work certificate, income certificate, bank statements, etc.) to a bank outlet for an interview and signature.

On the one hand, the interview process is a preliminary and simple review of your information by bank staff; on the other hand, it is to confirm that you are the person who wants the loan. This is the most preliminary step in the entire loan process, so the completion of the interview does not mean that the loan will be granted.

Bank loan review and approval process

Bank loans generally go through several processes: account managers collect various materials (including materials inside and outside the bank) - review by branch reviewers - Confirmation by the person in charge of the branch - Submission to the credit review department of the branch - Review by the preliminary review post - Review by the review post - Submission to the authorized approver for approval - Issue of approval opinion notice by the preliminary review post - Loan release by the lending post. This is a complete loan review approval process.

The interview is just the first step. Even if everything goes well, it will usually take about half a month for you to get a loan; if the credit review department has too many backlogs or the materials do not match, it will be returned and resubmitted, etc. Wait, it may take one or two months; if the bank's credit line is tight, then the loan time is too long, it may even be half a year to a year.

Decide whether to make the final loan. In actual operations, the policy impact and bank capital situation have the greatest impact. Many customers just caught up with the central bank's policy adjustment after the first interview, resulting in the mortgage entry system not being processed and requiring a new interview. There are also bank loan funds that have been completed this year and need to wait until the next assessment year before they can lend money, etc.

Does the interview mean that the bank has passed the review?

Whether it is a credit card or a loan, if the bank notifies you of the interview, it can only mean that the initial review has been passed, because the interview is the last step of the bank's review. Only when the interview is passed can the credit card or loan be finally approved, and the bank will approve the card or loan. If the interview fails, the credit card or loan the customer applied for will fail.

Bank interview refers to the procedure in which the borrower brings legal and valid documents to the lending bank to pay the required loan fees and undergoes an interview and signature. It also refers to the in-person visa interview. One of the key points of the interview is to dispel the other party's tendency to doubt you.

When you apply for a loan, the bank will require you (sometimes your spouse or even the owner to be present) to explain to you your rights and obligations in the loan and in front of the bank lawyer or Sign the bank's loan agreement in front of the credit manager.

Materials required for face-to-face signing of a housing loan

Married: ID card, household register, marriage certificate, temporary residence permit (residential registration abroad), education certificates of both parties (requires high school degree or above), Proof of income, tap water, copy of business license with official seal (not required for state-owned enterprises, public institutions and Fortune 500 companies), work permit (not required for private enterprises), bank, signature card (signatory: bank.

Unmarried: ID card, household registration book, temporary residence permit (foreign household registration), education certificate (high school degree or above is required), income certificate, tap water, copy of business license with official seal (state-owned enterprises and institutions can Provide work permit), work permit (not required for private enterprises), bank, and face-to-face signature card (see when the bank and the buyer need to add the guarantor and borrower to sign in person.

Things to note when interviewing at the bank:

1. When signing the loan contract, be sure to fill in the loan amount, loan period, repayment method and discount interest rate clearly.

2. Determine the repayment method that suits you in advance, whether it is equal amounts of principal and interest or equal amounts of principal.

3. The required spare parts vary depending on the situation of the handler, but the commonly used documents include ID card, household register, real estate certificate, marriage certificate, bank statements, and online contract signing. . Other spare parts are prepared by ourselves according to the bank's requirements and our own circumstances.

4. One working day after the interview, go to an appraisal unit recognized by the bank to conduct a house value appraisal.

After the bank interview, does it count as approved?

Passing the interview generally counts as approval.

If the interview application for a loan at the bank has been approved, it means that the application for a loan at the bank has been approved. A formal bank loan approval contract will be signed three to five days after the interview, and then within seven days Disbursements are made during working days and may be postponed during holidays.

However, different banks have different time requirements for lending.

After the bank interview is approved, it does not necessarily mean that the loan is successful.

After the interview, you still need to wait for the review results. If the interview is not passed, the loan will be considered failed. So for loans, the loan application is considered successful only when the loan funds are received. Even if some loans pass the interview, they may fail when disbursing the loan, which is also considered a user loan failure.

Extended information:

Microcredit

1. Review risk

The occurrence of loan risks often begins at the loan review stage Based on what happened in judicial practice, it can be seen that the risks that arise during the loan review stage mainly occur in the following links.

(1) Omissions in the review content may cause credit risks to bank loan reviewers. Loan review is a meticulous work that requires investigators to conduct systematic inspection and investigation on the qualifications, qualifications, credit, and property status of the loan subject.

(2) In practice, some commercial banks do not conduct due diligence, and the relevant loan review personnel often only focus on the identification of documents and lack due diligence. In this way, it is difficult to identify fraud in loans. It is easy to create credit risks.

(3) Many erroneous judgments are caused by banks not seeking expert opinions on the relevant content or having professionals make professional judgments.

During the loan review process, it is not only necessary to ascertain the facts, but also to make professional judgments on the relevant facts in terms of law and finance. In practice, most loan review processes are not very rigorous and in place.

2. Legal content of pre-loan investigation

(1) Examine the legal status of the borrower regarding its legal establishment and continued effective existence.

If it is an enterprise, it should be examined whether the borrower is established in accordance with the law, whether it has the qualifications and qualifications to engage in relevant business, check the business license and qualification certificate, and pay attention to whether the relevant licenses have undergone annual inspection or related inspections.

(2) Regarding the borrower’s credit standing, examine whether the borrower’s registered capital is suitable for the loan; examine whether there is any obvious evasion of registered capital; past lending and repayment status; and the borrower’s products Whether there are any illegal situations such as quality, environmental protection, tax payment, etc. that may affect the repayment.

(3) Regarding the borrower’s borrowing conditions, whether the borrower has opened a basic account and a general deposit account in accordance with relevant laws and regulations; whether the borrower’s (if it is a company) foreign investment exceeds 50% of its net assets. ;Whether the debt ratio of the borrower meets the requirements of the lender;

(4) Regarding guarantees. For guarantee guarantees, the guarantor's qualifications, creditworthiness, and ability to perform the contract shall be investigated.

3. The borrower and his/her responsible person should also be subject to special examination. In order to reduce the moral hazard of the lender, the borrower and his/her person in charge should also be subject to special examination. When financial institutions grant loans, in addition to reviewing the borrower In addition to the qualifications, conditions, operating conditions, etc., the personal qualities of the company’s investors, legal representatives, and key managers must be strengthened to be reviewed and controlled, including:

(1) Review of the chairman of the board, general manager, etc. Managers, factory directors, managers and other key personnel who engage in gambling, drug abuse, whoring, keeping mistresses, frequenting dance halls and saunas, excessive arrangements for weddings and weddings, purchasing high-end cars that are not commensurate with their economic strength, and frequently renting high-end hotels, etc. Its corporate loans must be strictly controlled.

(2) Loans to family-owned groups or companies must be strictly controlled. The so-called family group or company refers to an enterprise in which the main persons in charge of the group and its subsidiaries or branches, and the main leadership positions within the enterprise are all or mainly held by blood-related personnel and their family members and relatives.

(3) If the legal representative holds a foreign passport or has permanent residence in a foreign country, his or her enterprise or company has branches abroad, or its main family members have settled abroad or have established a company abroad. Loans must be strictly controlled, and legal representatives' overseas trips and capital transactions of enterprises must be closely monitored. In particular, transfers of funds to foreign countries or transfers whose purpose is unclear must be strictly reviewed, supervised and stopped in a timely manner.

(4) Before granting a loan, the situation of the legal representative of the enterprise must be investigated.

Loans to related companies where one person serves as the legal representative of multiple companies must be strictly controlled.

(5) When reviewing a loan, it must be based on the borrower's qualifications, conditions, operating conditions, repayment ability, the quality of the principal person in charge of the enterprise, etc., and shall not be based on the borrower's political identity, such as " "Model workers", "advanced elements", "overseas Chinese", "people's congress representatives", "members of the Chinese People's Political Consultative Conference", etc., lower loan conditions or fail to grant and manage loans in accordance with rules and regulations.

(6) The loan-lending relationship only occurs between the parties.

For those loans that are introduced through greetings or writing notes through or using relationships such as leaders, relatives, friends, classmates, comrades-in-arms, etc., the review of loan conditions shall not be relaxed. Loans will not be granted to those who do not meet the loan conditions.

(7) When granting guaranteed loans, the relationship between the borrower and the guarantor must be carefully investigated.

For enterprises where the borrower and the guarantor belong to the same group company, loans must be strictly reviewed. Guarantees provided by branches that are not independent legal persons are invalid.

4. Loan Review Suggestions Carefully review each loan, and do not base loan risk judgments on past reviews or credit.

We cannot relax the review or reduce the investigation procedures just because the borrower has repaid principal and interest on time in the past.

Establish a regular appointment system for the borrower’s legal representative and its key management personnel.

The appointment period can be determined based on the size of the loan amount, changes in the borrower's production and operations, etc. If the loan amount is large, the appointment period should be shortened accordingly.

Loan officers (loan officers, credit review team members, credit review committee members) and borrowers are not allowed to have improper private contact during lending activities.

Loan officers and their immediate family members are not allowed to accept cash, valuable gifts, shopping vouchers, etc. from borrowers; they are not allowed to participate in entertainment activities paid for by the borrower; and they are not allowed to reimburse any expenses to the borrower.

For loans with large amounts and long periods, or loans used by borrowers for specific purposes, lawyers, accountants and other professionals should be hired to make professional judgments and provide expert opinions on relevant matters.

Will the loan be considered successful after the car loan interview?

After the interview, the review results may not be given on the spot. If the interview is not passed, the loan will be considered failed. The user must pass the interview review before the lending institution will enter the next process and finally release the loan to the lender as agreed. Therefore, for loans, the loan application is considered successful only when the loan funds are received.

How long will it take after the loan interview to know whether the bank has approved the application?

For bank loan business, generally the results will be obtained in about 3-5 days after the interview. The bank will notify customers of the specific review results via text messages, phone calls, etc. Users can also call the customer service hotline to check the results. Once the interview is approved, the loan will generally be issued, but the actual loan time will fluctuate to a certain extent, mainly depending on the bank's work efficiency.

What are the things to pay attention to during the bank interview?

(1) The basic information of the lender needs to be listed in the contract, including the names, addresses, and contact information of the buyer and seller. It should be noted that if the buyer and seller are not present to sign in person, the original power of attorney must be issued.

(2) When signing the contract, be sure to clarify the house payment, payment method and payment time. Pay attention to issues such as payment of the house payment, transfer of property rights, and property delivery.

(3) It is necessary to clarify the buyer’s default liability for late payment and the seller’s unilateral right to terminate when the buyer defaults.

(4) It is necessary to clarify the responsibilities of taxes and fees, because the second-hand housing transaction process involves a variety of tax issues, including business tax, personal income tax, land tax, etc.

(5) After the mortgage interview, there are still procedures such as review, mortgage, and withdrawal of other items. Under normal circumstances, after the interview, the bank will release the loan as quickly as 15 days, or as slowly as 2-3 months.

Car Loan refers to a loan issued by a lender to a borrower who applies to purchase a car.

The actual interest rate of a car loan is determined by the bank based on the actual situation of the customer and with reference to the loan benchmark interest rate stipulated by the central bank. There are three main types of car loans: direct customer, indirect customer, and credit card car loans. The car loan period is generally 1-3 years, with the longest not exceeding 5 years.

After completing the mortgage interview, you will basically be approved, right?

Not necessarily. Passing the interview is actually just a part of the review process. It just means that the bank asks the user to sign for confirmation. It does not mean that the bank will eventually be able to lend. Only when the bank notifies the user to sign a loan contract and agrees on the loan amount, loan term, loan interest rate, etc. will the bank release the loan and it will be considered approved.

After the mortgage interview is approved, usually within fifteen working days, the bank will issue a loan approval notice to the user, and the user can go through the relevant procedures and sign the loan contract.

Extended information:

The down payment was rejected on the spot during the mortgage interview:

The mortgage interview was rejected on the spot. If there was an agreement when signing the house purchase contract, the down payment application will not be accepted. After that, the developer will refund the down payment in full, so you only need to find the developer to refund the down payment.

If there is no agreement, the user can choose to change the bank to apply for a mortgage. After resubmitting the loan information, there is a certain chance of passing the review.

After all, each bank has different home loan review standards. If the first bank fails to pass, it does not mean that the second bank cannot pass.

Putting off the mortgage interview:

The mortgage interview cannot be delayed forever. The interview has a certain timeliness. Generally, after the customer's loan is approved, the bank will notify the customer to come to the branch for an interview within one week.

If the customer is delayed due to something and is unable to have an interview within a week, he or she can contact the bank to apply for an extension of the interview time, but it cannot be postponed forever. If the customer delays for too long and exceeds the agreed time, the bank will most likely cancel the customer's loan qualification. After all, there are many people who go to the bank for loans every day, and the bank cannot wait forever.

It is also best for customers to take time to prepare for the mortgage interview and not to let the bank wait. And everyone needs to note that the interview is to go to a bank branch and sign the loan contract face-to-face with the staff, so you cannot entrust others to handle it.

When going to the bank for an interview, customers should also remember to bring their personal ID cards, house purchase contracts and other relevant materials. Also, if you are a married person, it is generally necessary for both husband and wife to be present to sign, and it is not enough for only one of them to be present.

Check the approval status after the mortgage interview:

After the mortgage interview, users can log in to online banking or mobile banking to check the current status of the mortgage.

Of course, users can also directly call the mortgage bank customer service hotline and ask customer service staff to help check the current status. After the mortgage interview is approved, the bank will send a notice to the customer, and then the bank will quickly arrange the loan.

In short, the bank's review is based on the process. If no response is given within the time limit, the user can actively consult the bank.