Combined loan means applying for bank commercial loan and provident fund loan together. When many people buy a house, if their provident fund loan is not enough, they can apply for a loan in this way and use a commercial loan to make up the remaining funds. So which one is approved first when applying for a combination loan?

Which combination loan is approved first?

In combination loans, commercial loans and provident fund loans can be submitted together, but the approval of commercial loans is faster than that of provident funds, which means that commercial loans are approved first. The loan disbursement time after approval is a little long. The loan group process is to issue the certificate first and then get the loan. Generally speaking, it takes 45 working days after approval.

How long does it take for a portfolio loan to be approved? The approval time is related to the time when the borrower applies for the loan (whether it is the peak season), the loan amount, the loan method, the lending institution and other factors. If you want to get approved as soon as possible, you can choose to apply during the off-season. Generally speaking, the one or two months before the Spring Festival is the off-season for buying a house.