How long has it been since the mortgage application materials were submitted?

There will be news one to two weeks after the general mortgage application materials are submitted, and the longest is no more than one month. After the bank completes the review, it will inform the lender whether the application is approved, and if not, what are the reasons. If the audit fails, you should pay attention to the feedback from the bank and adjust your application according to the feedback, or apply for another bank.

Materials to be submitted when applying for mortgage loan

1, husband and wife ID card, household registration book/temporary residence permit, and foreigner household registration book.

2. Two copies of marriage certificate/divorce certificate or court judgment/single certificate.

3 proof of income (in the format stipulated by the bank).

4. Copy of the business license of the unit (with official seal).

5. Credit certificate: including education certificate, other real estate, bank running water, large deposit certificate, etc.

6. If the borrower is an enterprise legal person, it must also provide the annual business license, tax registration certificate, organization code certificate, articles of association and financial statements.

Mortgage approval process

1. The loan applicant shall provide the payment application form and loan materials.

Before applying for a mortgage, you need to prepare loan materials and loan application forms. If you don't know what loan materials need to be prepared, you can consult a professional real estate agency or the bank when you get the loan application form from the bank.

2. Account Manager Input System

(1) After the loan applicant provides the loan application form and loan materials to the bank account manager, the bank account manager needs to make a preliminary review of your materials to see if the materials you have prepared are complete. If they are incomplete, they will ask you to apply again when you are ready.

(2) Subsequently, the bank will determine the repayment method and loan interest rate with you, and sign a letter of credit authorization with you. Then, they will know your credit status through your personal credit report. Under normal circumstances, those with serious bad personal credit information will directly refuse your loan, while those with slight overdue records will decide whether to give you access according to the loan situation of various banks.

(3) After the account manager has passed the preliminary examination, the bank will input your information into the system, scan and upload it. This period of time may be very long, 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 the loan materials are entered into the system, the credit loan materials will be submitted from the system for review.

3. Review by the Credit Department

After the credit loan materials are reviewed, your materials will enter the credit review department. The credit information department will not examine your personal qualifications in detail, but will focus on your personal credit record and whether the documents submitted are complete.

4. Approver's approval

There will be a group of people in the bank who specialize in approving mortgages. They will duplicate the work of the censor. If you find any problems during the re-inspection, then your mortgage has basically been determined.

5. Bank loans

After the 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.