It takes 15 working days for individuals to apply for provident fund loans, and 10 working days for loan approval and mortgage; Generally, portfolio loans range from 15 working days to 1 month; The approval time of general commercial loans is about 5-7 working days after face-to-face signing, and all documents are complete. Commercial loan: (1) The borrower's professional income certificate is the same as that of * * *; (2) Purchase contract or agreement.
I. Commercial loans
Commercial loans are loans used to supplement the working capital of industrial and commercial enterprises. Generally, they are short-term loans, usually 9 months, and no more than one year at most, but there are also a few medium-and long-term loans. This kind of loan is the main part of commercial bank loans, generally accounting for more than one-third of the total loans.
Commercial loans, also known as individual housing loans, are commercial banks and housing savings banks approved by the People's Bank of China, which provide loans for urban residents to purchase ordinary housing for their own use and implement the statutory loan interest rate. Many commercial banks in Beijing have this business, such as CCB and ABC. The procedures for applying for loans are basically the same.
Commercial loans refer to the proportion of commercial loans in the guarantee balance of housing property right guarantee institutions at the end of the statistical period.
Two. Problems needing attention in commercial loans
1. Submit a loan application: When you have signed a house sales contract, you can apply for a commercial loan from the bank. Whether it is a first-hand mortgage or a second-hand mortgage, it is necessary to submit the complete materials approved by the bank to the bank for review, which is the most important step in the commercial loan process.
Mainly including ID card, household registration book, original and copy of marriage certificate; Foreign household registration needs to provide temporary residence permit or residence permit; Income certificate issued by the work unit; Sales contract, down payment invoice or receipt; Wage flow or other proof of assets in the past six months. In addition to the above five materials, different banks have different requirements for commercial loans, and other materials required by loan banks should be inquired in detail.
2. Investigation accepted by the bank: After receiving the application materials of the loan applicant, the bank will review the materials. The general review time for commercial loans is 15 working days, and the longest time shall not exceed 1 month.
During the bank investigation, the loan applicant will be asked to supplement some information according to the situation. Therefore, the loan applicant needs to keep in touch with the bank during this period.
3. Bank verification and approval: the loan bank will verify several aspects: the situation of the house, the qualification and credit status of the borrower, etc. This is an important link in the process of commercial loans. If the credit of the loan applicant is not good, it will directly lead to the failure of the loan application, so it is very important to accumulate good personal credit in life.
4. Both parties shall go through relevant formalities: the bank informs the loan applicant that after the loan is approved, it is necessary to open an account in the bank, get a debit card and sign a loan contract. At the same time, handle mortgage, guarantee, pledge, insurance and other related guarantee procedures. When signing a loan contract and handling the guarantee formalities, you must know the detailed rules in the contract in detail and make clear your rights and obligations so as to avoid unnecessary misunderstanding.
5. Bank loan: After all loan procedures are completed, the bank transfers the loan funds to the account of the real estate developer, and the loan relationship is established, and the lender repays the loan according to the regulations.
How long can commercial loans be released?
commercial loan
Generally speaking, it takes one to three months to lend money. Because everyone's conditions are different, plus the approval time of various materials, everyone's time will be different. The term of commercial loans is mainly related to the applicant's income, economic level, loan types and loan products.
Commercial loans:
Commercial loans:
Commercial loans are loans used to supplement the working capital of industrial and commercial enterprises. Generally, they are short-term loans, usually 9 months, and no more than one year at most, but there are also a few medium-and long-term loans. This kind of loan is the main part of commercial bank loans, generally accounting for more than one-third of the total loans.
Commercial loans, also known as individual housing loans, are commercial banks and housing savings banks approved by the People's Bank of China, which provide loans for urban residents to purchase ordinary housing for their own use and implement the statutory loan interest rate.
Personal housing commercial loans are self-operated loans issued by banks with their credit funds. Specifically, a natural person with full capacity for civil conduct applies to the bank for a commercial housing loan as a loan repayment guarantee when purchasing a self-occupied house in a town in this city, with the purchased property housing (or other guarantee methods recognized by the bank) as collateral. Mortgage loan is a kind of commercial loan. Personal housing commercial loan is a kind of loan that China citizens apply to the bank for the purchase of commercial housing. According to the relevant regulations of the bank, anyone who meets one of the following two conditions can apply for loan varieties: first, residents who participate in housing savings; Second, the house seller and the loan bank agreed that the real estate guarantee enterprise would provide guarantee to the bank for the residents' house purchase loan.
Commercial loans refer to the proportion of commercial loans in the guarantee balance of housing property right guarantee institutions at the end of the statistical period.
Provident fund loan:
Provident fund loans refer to individual housing provident fund loans, which are issued by local housing provident fund management centers. Using the housing provident fund paid by employees who apply for provident fund loans, commercial banks are entrusted to pay housing provident fund depositors who purchase, build, renovate or overhaul their own houses and retired employees who pay housing provident fund during their employment. According to the regulations, employees who have paid housing provident fund for more than a certain period of time can apply for provident fund loans when the funds for purchasing, building, renovating and overhauling their own houses are insufficient.
How long does it take for China Bank to approve personal commercial loans?
Time limit for approval of personal commercial loans of China Bank:
In the case that the submitted materials are complete and meet the loan conditions of BOC, the approval of individual housing loans of BOC can generally be completed within three working days.
The above contents are for your reference. Please refer to the actual business regulations.
How soon can the commercial loan be approved?
How long a commercial loan can be approved depends on the efficiency of the bank's business. There are some differences between banks. Generally speaking, it takes about one month from submitting an application to approving the next loan. Lenders can consult the relevant banks about the inquiry process.
In order to speed up the efficiency of audit and the success rate of loan approval, the lender must be meticulous in preparing materials to ensure the accuracy of the materials provided. If there are other liabilities, they can be settled in advance, which can improve the loan pass rate.
How long is the approval time for purchasing commercial loans?
After all the materials are submitted, the normal bank will inform you that it can be approved within 3 weeks, but generally it can be approved within 2 weeks as long as the bank that cooperates with the intermediary company has priority or urgent treatment. The process of applying for mortgage loan:
In the first step, the applicant pays the down payment according to the agreed proportion and signs a house purchase contract with the developer.
Step 2: The applicant applies for a loan, fills in the loan application form and submits the application materials required by the bank.
The third step is bank acceptance, investigation and approval. The approval process includes: the bank investigates and verifies relevant information, and decides whether to grant loans, loan amount, interest rate, term, etc.
Step 4: After the approval, the bank signs a loan contract with the borrower, and goes through the filing and mortgage procedures.
Step five, the bank issues loans, and the applicant repays them on time according to the prescribed repayment method.
How long does it take to approve commercial loans?
The time of loan approval is related to your loan bank and loan method; The approval time of general commercial loans is about 5-7 working days after face-to-face signing, and all documents are complete. Generally, it takes 7 to 10 working days for commercial loan approval after face-to-face interview and complete information, depending on the comprehensive situation of the applicant bank at that time. If the discount is low, the time for approving the loan will be extended. It usually takes about 7 working days to reply.
The above contents are for reference only, I hope I can help you. Thank you for your support. I wish you a happy purchase!