15- 20 working days if the information is complete. However, the specific time for loan approval is subject to the actual operation of the bank. If it is slow, it will take three or four months to make the next payment.

Bank commercial loan audit

The bank handling agency or the law firm (or notary office) entrusted by the bank investigates the information provided by the borrower.

1. The bank agency shall examine and approve the borrower's application.

2. The borrower opens an account, obtains a savings card and signs a loan contract.

3. Handle mortgage, guarantee, pledge, insurance and other related guarantee procedures.

4. The loan contract takes effect and the funds are transferred to the developer's account.