Because after the loan procedure is completed, it needs the approval and signature of leaders at all levels and the person in charge of materials, and it takes time after many twists and turns.
General loan needs 12- 15 days, and the fastest is 7 days.
Process of handling real estate mortgage loan:
1. The borrower opens a current deposit account in the bank;
2. Information required for preparing the loan;
3. Go to the designated institution of the bank to evaluate the real estate;
4. In front of the bank;
5. Bank filing and approval;
6. Approve the next batch of loan letters;
7. Go to the local construction committee for mortgage registration, and the construction committee will issue his right certificate;
8. About the number of branches;
9. Bank loans;
10. Post-lending review of banks;