How do banks audit lender information?

First of all, the bank should make sure that the application for housing loan is trustworthy, so it should first confirm the applicant's credit degree, whether the loan information meets the relevant standards stipulated by the bank, whether there is a loan record, whether the credit card or loan has been overdue, and so on. Even the marital status of the lender is a factor that the bank has to consider when approving, not to mention the company address, income certificate and other information.

What are the mortgage approval processes?

1. Loan applicants provide loan application forms and loan materials: loan materials and loan application forms need to be prepared before applying for mortgage. If you don't know what loan materials need to be prepared, you can consult the bank when you go to the bank to get the loan application form. Usually, the loan materials need proof of marital status, ID card, household registration book, income certificate, bank account and proof of spouse's identity.

2. Account manager input system: After the account manager has passed the preliminary examination, they need to input your information into the system, scan and upload it. It may take a long time for them to enter your information into the system, because each account manager can't have only one customer, and each account manager may have to face dozens of customers at the same time. After your credit materials are entered into the system, they will submit your credit materials from the system to the leaders for review.

3. Credit Department Audit: After the account manager submits your materials from the system to the leader for audit, your materials will enter the credit department. At this time, the credit department will not conduct a detailed review of your personal qualifications. But they usually focus on understanding whether your personal credit record is good or not and whether the documents submitted are complete.

4. Approver approval: There will be a group of people in the bank who will specifically approve the mortgage. They will duplicate the work of the censor. If they don't find any problems during the re-inspection, then your mortgage is basically approved.

5. Bank loan: After approval, the account manager will inform you to go to the bank for face-to-face signing and handle other mortgage procedures. Then you can go home and wait for the loan, and then you need to start paying the mortgage every month.