Loan approval is a process in which the person in charge of credit business conducts "finding out the facts, mastering the policies and determining the loans" according to the loan application and pre-loan investigation opinions within the prescribed approval authority. Working capital loans shall be subject to three-level examination and approval system. The leaders in charge are responsible for the decision-making of the loan issuance results. Identify the facts, that is, the approver re-examines the reasons and uses of loans provided by enterprises and loan personnel, and correctly identifies its nature.
Grasp the policy, and finally decide whether to lend or not, whether to lend more or not, on the basis of ascertaining the facts and according to the credit policy determined by the state and higher-level banks. Determine the loan mainly to determine the loan amount, repayment period, interest rate and loan method.
Some loan principals should also ask loan officers to conduct follow-up investigation and monitoring. Any loan must adhere to the principle of "two signatures" or "three signatures" for loan approval. In other words, each loan must be investigated by the loan officer, and the preliminary examination opinions are put forward, and the loan can only be issued after the approval of the credit section chief. Loans with a large amount or "three signatures" according to regulations shall be signed by the president. No individual may sign a wholesale loan alone.
Loan approval process:
1, prepare data. Individuals should first prepare the materials needed to borrow from the bank, which generally include loan application, customer's ID card, household registration book, income certificate, marital status certificate and other materials (for customers with spouses, spouse's ID card and household registration book should also be provided). If it is a customer with a mortgage loan, it is necessary to issue a property certificate of the collateral; If it is a customer with unsecured loans, it is necessary to provide a good credit record;
2. apply. After preparing relevant materials, customers can apply for loans in banks or law firms entrusted by banks and submit relevant materials to banks. After paying various fees, customers need to sign loan contracts with banks as legal documents binding both parties.
3. Payment review. If it is a house purchase loan, the law firm entrusted by the bank will first conduct a preliminary examination of the customer's application, and if it is qualified, the bank will conduct the final loan approval; If the audit is unqualified, the bank will return the relevant information of the customer and the fees charged;
4. Go through other legal procedures. In addition to the contract, the customer also needs to go through some legal procedures. Then there is a bank loan.
What's the difference between a bank loan approval notice and a loan commitment letter?
The bank's loan approval notice is a written notice to inform the lender after approval, while the loan commitment letter is a commitment letter for the lender to apply to the loan bank.
1. Loan approval is a process in which the person in charge of credit business conducts "finding out the facts, mastering the policies and determining the loan" according to the loan application and pre-loan investigation opinions within the prescribed approval authority. Working capital loans shall be subject to three-level examination and approval system. The leaders in charge are responsible for the decision-making of the loan issuance results. Identify the facts, that is, the approver re-examines the reasons and uses of loans provided by enterprises and loan personnel, and correctly identifies its nature. Grasp the policy, and finally decide whether to lend or not, whether to lend more or not, on the basis of ascertaining the facts and according to the credit policy determined by the state and higher-level banks. Determine the loan mainly to determine the loan amount, repayment period, interest rate and loan method.
2. Loan Commitment Letter A legally binding formal agreement reached between the World Bank and the borrower. During the effective commitment period, the bank is ready to provide loans at any time according to the requirements of customers, according to the conditions, amount and interest rate agreed by both parties, and has the right to charge the borrower a commitment fee. The process is as follows:
1) submit a written application.
2) In addition to providing basic production, operation and financial information, the following project information shall also be provided:
(1) For government-invested projects, provide the approval documents of the competent authorities, feasibility study reports and approval documents provided by qualified institutions;
(2) according to the requirements of the relevant departments, provide environmental assessment reports and approval documents, special industry approval documents and other approval documents;
(3) Proof materials for the implementation of capital and other construction and production capital plans and sources of funds;
(4) Other preparatory work.
3. If it is a mortgage, you need to provide a letter of commitment issued by the bank (that is, the loan approval notice you mentioned) when transferring the ownership, because the transaction method is indicated in the sales contract, and this must be included in the relevant information of the mortgage method, and the transfer can only be made if the loan has been clearly indicated. If the bank does not complete the examination and approval, it cannot issue a letter of commitment.
4. If you don't want a loan:
The buyer can negotiate with the bank to solve the problem, but it needs to bear the liability for breach of contract. You can cancel the loan before it is issued, but you can't cancel it after it is issued. You can only pay off the loan.
How does the bank credit department sign the approval opinion?
The examination and approval opinions signed by the bank credit department can be filled in:
After investigation, it is considered that the borrower can repay the loan principal and interest in full and on time as agreed in the contract, and agrees to issue a loan of XX million yuan.
Yuan, for, the term is X years, and the interest rate is XX%.
Note: "X" refers to the relevant data of application and approval.
Supplement: What is bank credit?
Bank credit is an economic activity in which banks temporarily lend some deposits to enterprises and institutions for use, and recover them within the agreed time and charge a certain interest.
How are bank loans audited? Will go through these processes!
Many people will choose bank loans to solve the problem at the first time when they need money urgently. As a borrower, you only need to provide personal information to the bank and wait for the bank to review it. So how is the bank audited?
1. Borrower qualification examination.
Verify the borrower's permanent residence and identity certificate; Whether there is a stable source of income and whether the loan principal and interest can be repaid on time; Whether there is collateral recognized by the bank and whether there are fixed assets under its name; Whether there is a personal bad credit record.
2. Conduct pre-loan investigation and write investigation report.
Pre-loan survey is a comprehensive evaluation of customers' overall credit status and loan risk status, and finally forms a comprehensive evaluation opinion on loans, including personal basic situation survey, personal credit status survey, personal assets and liabilities survey, personal loan use and repayment source survey, and guarantee method survey. The investigation report is a "pre-lending questionnaire" filled out by investigators after sorting out and analyzing the investigation results, including the methods used in the pre-lending investigation; Investigation opinions on personal loan application, repayment ability and repayment willingness guarantee.
3. Auditors conduct loan review.
The contents of the audit include whether the application materials are in compliance and whether the contents filled in the application form are complete; Whether the pre-lending questionnaire and personal customer credit evaluation report issued by the pre-lending investigator are objective and detailed.
4, the relevant departments of the loan approval.
The main contents of the approver include whether the borrower has the conditions for issuance; Whether the loan purpose meets the credit requirements; Whether the loan term, amount and interest rate meet the loan requirements; Whether the loan risk prevention measures are legal and effective; Whether the borrower's credit rating and loan scheme are effective.
What are the procedures for loan approval? These four steps are 100% down payment.
When many people apply for a loan, they simply fill in a few materials and wait for the next repayment. In fact, when approving loans, it is mainly based on the information you submitted or filled in. If the loan is not approved, it is probably because the information you filled in is incomplete or has problems. I sorted out some information about loan approval, told you what the loan approval process was, and helped you get the loan in seconds.
What is the loan approval process?
Although there are some differences between online loan approval and private loan approval, the general loan approval process is still similar. Take the popular short-term loan as an example to explain what the loan approval process is.
1, application
Whether it is a bank loan or an online loan, the first step is to submit an application and fill in the corresponding information. Therefore, to apply for short-term loans, the information that must be filled in generally includes name, ID card, relevant contacts, personal information, bank card information and so on.
2. Lending approval
After receiving the loan application, the loan approver will review the applicant's information, such as checking whether the personal credit information, assets and loan purposes meet the requirements. Others will conduct electronic review, that is, call the applicant to verify the specific situation.
But now there are some online loans, so whether you are a loan user or a white household, you can make the next payment; There are also some platforms that are approved very quickly, and you can approve the next payment in a few minutes, and basically don't review your information.
At this point, the approval process of general private lending institutions has been completed. If approved, the loan will be released soon. If you apply for a bank loan, it usually takes three or four steps.
3. Give approval opinions.
After the loan is approved, the approver fills in the approval form, and the full-time loan approver signs the approval opinions. After several rounds of approval and the signing of approval opinions, the loan approver's approval opinions on the loan business are "agree" and "reject".
4, loan approval results
If the approval opinion is affirmative, payment will be made within a few days;
If the approval opinion is negative, the relevant materials of the applicant will be returned, which may be recorded in the personal credit report (the bank will record it, but the online lending platform will generally not record it).