How long does it take for a portfolio loan?

How long does it usually take for portfolio loans to be released? Six months at the longest!

Now, when buying a house, many people will choose a portfolio loan, which combines the advantages of both commercial loans and provident fund. However, the lending time of portfolio loans will be longer. Because many departments are involved, there will be more variables in the process and the loan time will be extended.

How long does the loan take? To put it simply, portfolio loans generally take about 3 months, and the fastest is 1 month. In some special cases, it may take 3-6 months.

This is because commercial loans and provident fund loans need to be handled at the same time. Some commercial banks need mortgage before they can lend money. In the process of provident fund loans, the purchased houses need to be evaluated before they can go to the Construction Committee for online signing.

1. It usually takes 7- 10 working days to submit spare parts and funds to the buyer and seller for approval.

Lending time: the process of group loan is to issue the certificate first and then lend money. Generally speaking, it takes 45 working days for approval, but the bank is short of money and takes longer.

Generally speaking, all procedures are completed before handover.

It depends on whether you have any special requirements, but you need to communicate with the seller. On the day of transfer, the buyer and the seller go to the bank to sign a commercial loan contract, and then the buyer and the seller go to the exchange to handle the transfer procedures.

3. After signing the commercial loan contract, the original passbook of the buyer and the seller must be left in the host bank. After the new title certificate is issued, a copy will be sent to the appraisal office. After the appraisal report comes out, the amount, duration and qualification of the provident fund loan of the buyer's customers will be preliminarily reviewed, and the combined loan contact form and appraisal report will be sent to the commercial loan bank. After the approval of the bank, it will take 5- 10 working days.

4. After the signing of the provident fund loan contract 13 working days, part of the provident fund loan will be released, and part of the commercial loan will be released within 3-5 working days after the completion of the public loan. How long can the portfolio loan be approved? The approved time is related to the borrower's application time (whether it is the peak season), loan amount, loan method, lending institution and other factors.

How long can the portfolio loan review come down?

It usually takes about two months to apply for a portfolio loan. Among them, the time limit for banks to review individual housing loan applications is within three weeks, while the time limit for housing provident fund management center to review client loan applications is within 15 days from the date of accepting applications.

legal ground

Article 8 of the Measures of China Industrial and Commercial Bank for the Administration of Individual Housing Loans.

After receiving the loan application and the materials that meet the requirements, the lender shall review it according to the regulations and give a reply to the borrower within 3 weeks.

Article 9

If the lender agrees to the loan, it shall sign a loan contract with the borrower in accordance with the provisions of the General Rules for Loans, and issue the loan to the borrower after signing the guarantee contract in accordance with the Measures for the Administration of Loan Guarantee of Industrial and Commercial Bank of China.

Article 26 of the Regulations on the Management of Housing Provident Fund

Workers who have paid housing provident fund can apply for housing provident fund loans to the housing provident fund management center when purchasing, building, renovating or overhauling their own houses.

The housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities.

The risk of housing provident fund loans shall be borne by the housing provident fund management center.

How long does it take to buy a house with a portfolio loan?

The process of portfolio loan generally takes about 20 days: the process of purchasing commercial housing and affordable housing by individual housing provident fund loan (portfolio loan) can be divided into five steps: Step one: apply for a loan at the loan bank. The borrower applies for a housing provident fund loan in the real estate credit department of CCB in all districts and counties with a copy of the house purchase contract and the developer's housing sales license, ID card, housing provident fund savings magnetic card and seal (if the husband and wife use housing provident fund loans, they must also bring a marriage certificate or other proof of marriage relationship), and fill out the Personal Housing Provident Fund Loan. Step 2: The bank audit bank verifies whether the borrower meets the loan conditions, calculates the loan amount and determines the loan term according to the information provided by the borrower. Step 3: Sign a loan contract at the loan bank. After the loan bank examines the borrower's application, the borrower signs a loan contract and a mortgage contract with the bank (signing a pledge contract without housing guarantee). The fourth step of portfolio loan: go through the loan guarantee formalities at the property right department. There are two ways to guarantee housing provident fund loans (portfolio loans), and borrowers can choose which one according to their actual situation. , the borrower can own, * * * own or a third person's property as collateral to buy commercial housing and affordable housing (has obtained the property certificate) and mortgage the purchased house. With my ID card, original prepayment receipt, seal, loan contract and mortgage contract, the borrower can fill in the Tianjin Housing Application Registration Form and affix the seals of the borrower (mortgagor) and the loan bank (mortgagee). If the borrower mortgages the house by auction (without obtaining the property right certificate), he shall apply for the Tianjin real estate mortgage certificate with the above materials to the property right management office of the county real estate administration where the house is located. 2. Pledge the securities recognized by the lending bank, such as treasury bonds and bank time deposit certificates, and the borrower will hand over the securities to the lending bank for safekeeping. Step 5: Go through the formalities of mortgage insurance. After the borrower has gone through the mortgage or pledge formalities in the property right department, he will submit the loan information together with the loan contract, mortgage contract (pledge contract), house ownership certificate and mortgage certificate to the loan bank for home insurance formalities. Step 6: Sign a repayment agreement. If the transfer is withheld by a savings card, the borrower will apply for a repayment withholding savings card at all savings outlets of CCB and sign a withholding agreement with the lending bank. Where the entrusting unit withholds repayment, the entrusting unit shall sign an agreement with the loan bank. Step 7: Bank transfer. The borrower shall go to the loan bank to handle the collection formalities according to the time agreed with the loan bank, and the loan bank will allocate the money to the selling unit; The borrower shall withdraw the repair and construction loan as agreed in the loan contract.

How long does it usually take for CCB portfolio loans to be approved?

First of all, answer directly.

For portfolio loans (a combination of provident fund loans and commercial loans), after submitting the application, the housing provident fund management center and the handling bank will generally complete the examination and approval within 10 to 15 working days and issue the examination and approval results.

Second, the specific analysis

If the speed is fast, it may be completed within a week; If the speed is slow, it may still be under review for more than two weeks.

Of course, sometimes things are delayed, and it may take longer. For example, the bank settlement at the end of the year may take more than one month to complete the examination and approval.

And don't worry, when the audit results come out, whether they pass the audit or not, they will be notified.

After receiving the notice, those who have passed the examination and approval can sign the loan contract, handle the mortgage and other related procedures, which can be completed in about a week, and then enter the lending stage.

And the loan usually arrives in a month or so.

Generally speaking, it takes about two or three months from submitting a loan application to paying the funds, so just wait patiently.

You can make a quick query in Beijian, get a big data report, find out your overdue records, and divide your online loans into formal and informal, loan-seeking and non-loan-seeking. If you want to pay back the money but don't have enough funds, then negotiate with the online lending platform, give priority to formal credit reporting, and minimize the impact on yourself.

3. How long can the provident fund loan be approved?

After the application is submitted, the provident fund loan will generally be approved within one month, and the specific time spent is related to qualifications, information provided and work efficiency.

It is recommended to wait patiently until the audit results come out, regardless of whether the approval is passed or not, it will be notified immediately.

If the approval progress is delayed, you can also contact the staff of the local housing provident fund management center for consultation to see what caused the delay or has been rejected.

However, if the notice of the audit result is successfully received, those who pass the examination and approval need to sign the loan contract at the outlet in time and go through the relevant procedures such as mortgage registration, then entrust the bank to lend money, and the real estate developer will receive the remaining house payment and repay it in installments on time according to the contract.

The follow-up process will take about one to two months.

Therefore, it takes about two or three months to apply for a provident fund loan.

If there is a shortage of funds and the banking business is busy, there may be a delay, which will take three to five months or even longer.