Bank loan process
1, customer application. Customers apply to the bank, fill in the application form in writing and submit relevant materials at the same time. It should be noted that in addition to applying for small loans in rural areas, other types of loans also need to provide relevant information. Mainly includes: the basic information of the borrower and the guarantor. Correct the original unreasonable loan. List of collateral and pledge, the consent certificate of the person who has the right to dispose of the collateral and pledge, and the relevant certificates that the guarantor intends to agree to guarantee. Other relevant information, etc.
2. Sign the contract. After the application materials submitted by the borrower are approved by the bank, the two parties sign a loan contract and a guarantee contract, and the bank evaluates the applicant's credit rating. Handle relevant notarization and mortgage registration procedures as appropriate.
3. issue loans. After obtaining the mortgage certificate, if the loan is approved by the bank, after all the formalities are completed, the bank will directly transfer it to the borrower's transaction object or distribute it to the borrower in the form of transfer according to the contract, and the borrower will pay it to its transaction object.
4. Post-loan inspection. Follow-up investigation and inspection of the borrower's execution of the loan contract and operation.
5. Repay on schedule. The borrower shall repay the principal and interest of the loan according to the repayment plan and repayment method agreed in the loan contract. Within the repayment period agreed in the loan contract, the borrower may postpone 10 natural days on the basis of the agreed repayment date. If the loan is to be postponed, it should be before the loan maturity date. The borrower needs to apply to the bank for loan extension, and the bank decides whether to extend the loan.
1. How long will it take to approve the mortgage?
According to the current general market situation, there are some differences in the approval procedures of banks, but the process from formal application to final approval of banks takes 12 working days at the earliest, and it will arrive at the account 48 hours after approval. Because it involves evaluation, mortgage registration and other links, the situation of each customer will be different; For specific matters such as lending time, review status, processing progress and cancellation, you can directly contact the handling outlet or loan account manager for confirmation.
Second, the bank loan process
1. Submit personal loan application first;
2. After bank acceptance-evaluate the mortgaged property;
3. Review the loan according to the appraised price and the information provided by the borrower;
4. After passing the examination, sign a loan contract with a law firm, and handle the mortgage formalities of real estate warrants at the same time;
5. Bank loans.
To sum up, from the above, we can know that the approval speed of mortgage loans depends on the approval procedures of major banks, after all, the process of each bank is different. Generally speaking, applicants need to fill out and submit a bank loan application before the bank will accept it. Real estate appraisal, will review loans, sign loan contracts, and handle mortgage procedures. This application process is still relatively short, just follow the steps.