The mortgage loans of various banks are all credited to the seller's account. When applying for a mortgage at the Postal Savings Bank, the house payment will be paid to the buyer's account first, but the buyer can only receive a text message, and can't withdraw cash or transfer money during the period, and will directly transfer it to the seller's account.

The application procedures for consumer loans of Postal Savings Bank are complicated, and many of them need to provide guarantees or mortgages. Not only should the borrower's personal data be reviewed, but also the loan guarantor's data or the mortgaged assets should be reviewed. Review is slow. Generally speaking, it will take half a month at the earliest to lend money. If the borrower applies for a credit loan, the review speed will be faster, and the payment can be received within a few working days at the earliest.

Extended data:

Postal savings bank loan lending process:

1. The borrower applies for a loan;

2. The accepting bank shall review the customer's qualifications and the loan materials submitted, and review the authenticity;

3. The staff will go to the applicant's production and business premises and family residence for on-the-spot investigation;

4. Submit relevant materials to employees for approval;

5. The staff contact the applicant and prepare to sign a loan contract;

6. Lend money after signing the contract.

References:

Postal loan-Baidu encyclopedia

China Postal Savings Loan-Baidu Encyclopedia