It usually takes half a month to 1 month for financial institutions to approve mortgage loans. After the user submits the mortgage loan application, the intermediate review will take some time. After the loan is reviewed, the two parties sign a loan contract, the user goes through the mortgage formalities, and then the financial institution runs the appropriation operation. It also takes time for financial institutions to allocate funds accurately, so it also takes time from applying for loans to allocating funds.

The application process of some financial institutions is relatively simple, so the time for funding will be shortened at this time. The faster the financial institutions review, the faster the funding will be. Different users have different credit qualifications and mortgage conditions, so the audit time is unpredictable. Generally speaking, it takes some time to review users and collateral, so it is impossible for financial institutions to review and approve mortgage loans on the same day.

Compared with other loans, financial institutions' mortgage loans have higher loan amount and moderate loan interest rate, which is more suitable for users' long-term capital turnover.