How long does it usually take to show mortgage approval? About this long.

At present, houses in first-tier and second-tier cities range from tens of millions to millions. Most people can't make a one-time payment, so they often choose a mortgage. Handling mortgage loans usually requires bank approval. Then, how long will it take for the approval of some mortgage exhibitions to end? Let's have a look.

How long does it usually take to show mortgage approval?

The time for mortgage approval is not fixed, ranging from one month to one week, which needs to be judged according to the actual situation. Generally speaking, if the applicant submits complete information and has good personal qualifications, the review time will be faster. On the other hand, if it happens to be a holiday, or the information submitted by the applicant is missing, it may be necessary to submit the information back and forth several times, and the review time will naturally be extended accordingly.

How long can the mortgage be granted?

1, pure commercial loan

In this case, after the mortgage is approved, the next payment can be made soon, usually about a week. Of course, it also depends on how busy the bank is and whether it meets holidays.

2. Portfolio loan or provident fund loan

In this case, after the mortgage is approved, the lender will also face the face-to-face signing problem of the provident fund center, and the corresponding lending time will be extended, which may take one month or even longer.

The above are some contents of mortgage approval, so you can pay attention to them.