When a customer applies for a mortgage, it takes about one to two weeks for the bank to review it after submitting the application, and it can be completed within one month basically. After the audit results come out, customers who receive the approval notice need to go to the outlets to sign the loan contract and complete the mortgage registration and other related procedures within the agreed time, which takes about five to seven working days. Then the bank will enter the lending process, and usually it will receive the loan in one to two months. Generally speaking, it takes about two or three months from the time when a customer applies for a mortgage to the time when the next payment is approved.

What is the mortgage approval process?

1. After the buyer applies for a mortgage, the developer will ask the customer to provide the household registration book, bank card, credit report, income flow and other information, and the developer will submit it to the relevant bank for review after sorting it out. If there is any omission, the lender will be informed to supplement it.

2. The lender will supplement the information and submit it to the bank again. The bank's credit department will review the customer's information, including credit information and various materials. Of course, the main aspect of the audit is the credit report to confirm the customer's credit information.

3. If the review is correct and the lender's qualification meets the requirements, the bank will notify the lender to come to the bank for face-to-face signing, specifically to agree on the repayment method and repayment interest rate with the lender, further review the information provided by the lender, and ask the customer to sign the letter of authorization.

4. After the face-to-face signing, you can go through the mortgage formalities. After the lender confirms that the loan information is correct, it can wait for the bank to lend money. If the loan is successful, the lender needs to repay it on time.

There are many procedures for mortgage approval, which is time-consuming. If there is no problem with the information provided by the customer and the qualification meets the requirements of the bank, the loan can generally be made within one month. Of course, it still depends on how much business the bank needs to handle.

How to check the progress of mortgage approval

If you want to check the progress of bank mortgage approval. Customers can take the following measures:

1. Call the customer service hotline of the handling bank directly and ask the customer service staff through the manual service channel. The customer service will inform the customer of the specific progress after checking the customer identity information.

2. Log in to the online banking or mobile banking client, and find the personal housing loan on the loan page to inquire about the details.

3. If there is a business outlet of the handling bank nearby, the customer can bring his personal ID card and go directly to the outlet counter to ask the staff about the progress.

4. If you apply for a mortgage through the bank account manager, the customer can also contact directly (call, send WeChat, etc. ) the account manager consults.

What we need to pay attention to is that as soon as the mortgage approval results come out, regardless of whether the approval is passed or not, banks will generally inform customers immediately, so customers should wait patiently. The mortgage review is usually completed in about two or three weeks (sometimes it may be delayed. If the audit progress has not changed, the customer can also contact the bank to inquire about the specific situation).