However, in the audit process, it will involve the operation of real estate assessment, mortgage registration and other related procedures, so it is reasonable for banks to lend slowly. However, in most cases, people who need bank mortgage loans are in urgent need of money, and the slow speed of bank mortgage loans is really flattering. In this case, the lender hopes that the formal loan process will be simple, fast and streamlined. You don't have to wait three weeks. As long as you can approve the mortgaged house, you can get the loan funds in two or three days.
As far as the products of various lending institutions are concerned, in fact, the real estate mortgage loan of the loan guarantee company can be released in two to three days. Considering the problem from the bank's point of view, the relaxation of the approval process and threshold means that the possibility of potential risks increases. In this case, banking institutions will also charge higher fees accordingly to balance the risks borne by lending institutions. For example, raising the bank's loan interest rate.
How can a guarantee company make short-term loans, even loans on the same day? First of all, the money of the guarantee company belongs to the bank, why not give it to you? The reason is simple, because they know banks better than you do, have more financial security and more money to take risks. In short, banks and guarantee companies have their own advantages and disadvantages, and lenders can measure their own situation and make choices according to their own needs.
Finally, Bian Xiao once again reminded everyone that if the required funding gap is not too big, you can consider going to a loan guarantee company to make a credit loan, that is, an unsecured loan.
Under normal circumstances, the loan amount can be 40 times the monthly income of the lender, and there is no need to mortgage the property. There is no complicated process. As long as there is sufficient repayment ability and strong willingness to repay, there is basically no suspense in the case of good credit report and no problem with credit liabilities. Another most important thing is that the credit loans of loan guarantee companies can meet the requirements of lenders better than banks in terms of quota, process and time.