1. If you need to apply for a mortgage to buy a new house, and the pre-sale certificate has been processed, you can apply to the bank. If there is no problem, the bank will reply to the individual's loan application within 3 days, request to submit relevant materials, and sign relevant bank documents and loan contracts.
2. After collecting all the information, the bank submits it for internal examination and approval, and then goes to the housing management transaction to go through the mortgage registration formalities, which takes about 10 working days. After the transaction is issued, the bank will lend money within 3 working days.
3. If buying a house is to apply for a commercial loan, it usually takes about two weeks from the time when the lender submits the information to the time when the loan is issued. If it is a provident fund loan, the processing progress will be slower, and it may take 1-2 months or even longer.
Legal basis: Civil Code of People's Republic of China (PRC).
Article 667 A loan contract is a contract in which the borrower borrows money from the lender, repays the loan at maturity and pays interest.
Article 668 A loan contract shall be in written form, unless otherwise agreed between natural persons.
The contents of a loan contract generally include terms such as loan type, currency, purpose, amount, interest rate, term and repayment method.
Article 669 When concluding a loan contract, the borrower shall, at the request of the lender, provide the true information about the business activities and financial status related to the loan.