1. If you buy a new house and need a mortgage loan, you can submit an application to the bank as long as you have already handled the pre-sale certificate. The bank will check the credit record, and if there is no problem, it will reply to the loan application within 3 days, and request to submit relevant copies of licenses, income certificates, down payment documents and other materials. At the same time, loan contracts and other bank documents and vouchers need to be signed.
2. It takes about 10 working days for the bank to conduct internal examination and approval after receiving the complete information and go to the housing management department for mortgage registration. After mortgage registration, the bank will lend money within 3 working days.
3. If you apply for a commercial loan to buy a house, it usually takes about 2 weeks 1 month from the submission of information to the loan. Provident fund loans will involve provident fund and a number of banking institutions, so the processing progress will be slightly slower, and it may take 1-2 months or even longer.
Can I apply for a provident fund loan if I have problems with my personal credit information?
If the problems in the credit report are not serious, you can use the provident fund loan to buy a house, but you may need to provide the down payment ratio or more proof of repayment ability. However, if there are many bad records in the credit report, you can't use the provident fund loan to buy a house.