After the interview, how long does it usually take to receive the notice of whether to approve the mortgage?

After the face-to-face mortgage signing, you will usually receive a notice within 5 working days. If the user has not received the notice after this time, he can contact the bank for consultation. The bank will arrange the loan as soon as possible after the face-to-face signing of the bank loan is passed. After the loan funds arrive, they will generally be directly deducted to the developer's account, and then the user only needs to repay them on time.

What do banks mainly check when signing mortgage loans in person?

1. Prerequisite for judging repayment ability-marital status

If married, both husband and wife are required to be present and provide the original marriage certificate and household registration book; If you are divorced, you need to provide a divorce certificate. Because the bank judges the borrower's family repayment ability and housing situation with the family as the unit when lending money, and determines the loan amount and loan interest rate on this basis, the marital status of the borrower is an item that the bank must check.

2. Proof of repayment ability-proof of income and bank running water.

When the mortgage loan is signed face-to-face, the borrower's income certificate and bank flow are also key items to be reviewed. Because these two items reflect the borrower's repayment ability. Generally speaking, the monthly income is greater than or equal to the monthly mortgage payment X2. If the borrower is repaying other loans, the monthly income must be greater than or equal to (existing loan+monthly mortgage payment) X2.

As mentioned above, bank review is family-based. If the income of a married person does not meet the above requirements, he can submit proof of the income of both husband and wife. Many hands make light work, so there will be no problem if the income of two people meets the requirements.

For bank running water, the general bank will require running water within 6 months. I suggest you trade as many bank cards as possible with running water. If the running water is not enough, you can deposit some money in the bank card at one time and then issue the running water.

3. Stable job-copy of the company's business license

A copy of the company's business license must be stamped with the company's official seal, which can show that the lender has a stable job. However, if the borrower works in a state-owned enterprise or institution, he can only provide a work permit or employment certificate.

4. Determine the loan amount and interest rate-the current housing situation.

If you apply for a loan by buying a second suite, you need to provide the first-time real estate license and loan contract. If the first suite has paid off the loan, it is necessary to provide a loan settlement certificate. Because housing ownership directly affects the number of housing units, loan amount and loan interest rate of borrowers applying for second homes. For example, in Beijing, even if you are registered in this city, you can only apply for a second home loan at most.

5. Personal Credit Label-Credit Report

During the interview, the bank will check the credit information of both husband and wife on a family basis. Some banks will check the borrower's family's loan records within five years and credit card records within two years, while others will check the time range more widely. Due to different banking policies, the difficulty of reviewing credit information will be different. If one spouse is overdue, it may affect the whole family to apply for a mortgage loan, from raising the loan interest rate or down payment to being refused a loan in serious cases.

Therefore, I suggest you check your credit report in advance before the interview. When using credit cards or other loans, you must pay attention to repayment on time to avoid overdue collection.