How long does it usually take to approve a mortgage?

After the mortgage enters the approval process, it usually takes about two or three weeks to issue the approval results. At that time, the bank will immediately notify whether it is approved or not.

After receiving the approval notice, you should go to the bank outlet to sign the loan contract and go through the mortgage registration and other related procedures within the agreed time. This link will take about three to five working days.

After that, the bank will enter the lending process, and generally release the loan funds in place within one or two months.

It should be noted that if the mortgage business happens to be busy and the loan amount is tight, the approval and lending may be delayed.

If it can be approved in two or three months under normal circumstances, if something is delayed, I am afraid it will take three to five months, or even more than half a year.

In this regard, it is recommended to wait patiently. If the waiting time is too long, and the real estate developer has a dispute because he has not received the remaining house payment, he can contact the bank to inquire about the specific situation. If the bank can't handle the mortgage, he can only change to another bank.

Online loan users can also query their credit qualifications by docking the third-party big data risk control platform. For example, Xiaoqi Credit and Sesame Credit have established data cooperation with more than 98% online loan institutions in the market, so their query results are relatively accurate and intuitive. Not only can you know your own big data and credit situation, but you can also obtain various indicator data. The blacklist data of online loans is shared by most loan platforms, which means that if the borrower fails to pay back the money on one platform, such bad records will also be made public on other loan platforms, so everyone must be careful to maintain their online loan credit, otherwise they will not be able to obtain online loan products with good personal credit when they encounter economic crisis again.

Extended data:

How can I approve a mortgage loan?

Judging from the whole process of bank loan approval and face-to-face loan signing, if the borrower receives the approval message or notice from the bank, it means that the borrower's mortgage has passed the approval smoothly.

If the borrower receives the face-to-face signing result or the notification message that the loan has arrived, it certainly means that the mortgage application has passed.

But before the mortgage loan is officially completed, the borrower can't take it lightly.

After the loan is approved, the bank will have a post-loan management link.

If the borrower's credit information has any problems before lending, such as sudden high debt, the bank will choose to delay lending.

Therefore, there is also a saying that credit business cannot be handled in the first three months of mortgage lending.

If the borrower is anxious to know whether his mortgage application has passed, he can also call the bank's credit manager directly to ask.

Generally speaking, the credit manager will know the approval result in advance.

You can also log in to the online banking to inquire.

If the result of mortgage approval fails, the borrower had better change the bank that applied for the loan immediately, or directly consult the developer to return a house.

Because there is no loan fund to pay the remaining amount, the borrower defaults and the consequences are more serious if it is delayed for a long time.