The mortgage loan of real estate is generally 15 days to about one month, depending on the bank's workflow. The process of housing mortgage loan is as follows: 1. A current deposit account must be opened in the bank's business institution; 2. Please fill in the loan application form as required, and submit the application form and required materials as instructed by the bank; 3. The bank business manager or appointed lawyer shall conduct home visits to investigate the authenticity, legality and completeness of the information provided; 4. The bank asks the intermediary to evaluate the value of the house; 5. Sign a loan contract. Article 394 of the Civil Code of People's Republic of China (PRC) guarantees the performance of debts. If the debtor or a third party mortgages the property to the creditor without transferring the possession of the property, the debtor fails to perform the due debt or the creditor has the right to receive priority compensation for the property. The debtor or the third party specified in the preceding paragraph is the mortgagor, the creditor is the mortgagee, and the property that provides guarantee is the mortgaged property. Article 395 The following properties that the debtor or a third party has the right to dispose of may be mortgaged: (1) Buildings and other land attachments; (2) The right to use construction land; (3) the right to use the sea area; (4) Production equipment, raw materials, semi-finished products and products; (5) Buildings, ships and aircraft under construction; (6) means of transportation; (seven) other property not prohibited by laws and administrative regulations. The mortgagor may mortgage the property listed in the preceding paragraph together. Article 400 To establish a mortgage, the parties shall conclude a mortgage contract in writing. A mortgage contract generally includes the following clauses: (1) the type and amount of secured creditor's rights; (2) The time limit for the debtor to perform the debt; (3) The name and quantity of the mortgaged property; (4) the scope of the guarantee. Article 419 During the limitation of action for principal creditor's rights, the mortgagee shall exercise the right of mortgage. If it is not exercised, people will not be protected.
Second, what is the lending rate of bank mortgage loans?
The little red book/kloc-can be released in 0/2 working days.
3. How long does Wuhan Housing Mortgage Bank lend money?
If the complete application materials for China Merchants Bank loan are submitted, the approval time will be about 15 working days, because each customer's situation will be different because it involves evaluation, mortgage registration and other links; Please contact the handling branch or loan account manager directly to confirm the specific loan release time, cancellation and other related information.