How long does it take to release the loan after the house loan is successfully approved?

After a house purchase loan is successfully approved, the loan will generally be disbursed within one month. However, the specific timing of disbursement is also related to the loan method chosen by the borrower and the adequacy of the bank loan limit. For example, if the borrower chooses a combination loan, even if the bank's approval is passed, he still has to wait for the provident fund center's review results, and then apply for a mortgage. The bank will not disburse the loan until the provident fund center disburses the loan. If a lender applies for a loan at the end of the year and the bank loan quota is insufficient, the loan cycle will also be extended.

Process of house purchase loan approval

1. Loan application, consult the lending bank, prepare relevant information, and fill in the loan application form;

2. Investigation and evaluation, First investigate and verify the authenticity of the information submitted by the applicant, and then evaluate the applicant's credit rating and comprehensive qualifications;

3. Approval, the bank approval system has its own set of standards, such as loan approval and approval The separation of loan work and the step-by-step approval of upper and lower levels, etc., all take time, so wait for the approval with peace of mind;

4. Sign a contract, and the bank will proactively contact the applicant and sign it on site;

5 , Loan issuance, and loans are issued on time according to the signed loan contract;

6. Post-loan follow-up, conduct follow-up investigations from time to time on the flow or use of loan funds;

7 , Loan repayment, according to the loan contract, repay the principal and interest in the current period in full and on time.

Will the lender be notified of the mortgage loan?

The lender will be notified of the mortgage loan. If the provident fund applies for a combination loan, the money from the two loans will be released in batches. Not receiving the text message may be because one of them has not been sent yet. In other words, in addition to this kind of loan business, the person will usually be notified of mortgage loans. Usually, banks will send text messages to notify borrowers that the loan has been completed after disbursing money. Under normal circumstances, you can usually receive the loan text message on the same day.

However, it should be noted that a text message may not be sent to the applicant immediately after the loan is disbursed. It is usually received within 1-2 days after the loan is disbursed. If the SMS notification is not received, the loan applicant can directly ask the developer to see if the developer has received the loan amount.