How will the bank inform after the house purchase loan is approved?

After the house purchase loan is issued, the bank will generally notify the borrower by SMS or telephone.

1, housing loans of general banks need to go through the processes of application, submission of materials, bank review, contract signing, mortgage notarization and loan issuance. It takes about 1 month from application to loan issuance. After the bank issues the loan, it will generally inform the borrower that the loan has been issued by SMS or telephone, and then directly deduct the money from the designated account on the monthly repayment date, and send the deduction information to the borrower by SMS.

2. There is a notice that the mortgage bank has passed the examination. When the borrower applies for a housing loan in the bank, the bank will finish the audit and send an information notice in time after the audit results come out. Whether the audit is passed or not, there will be a notice. After receiving the notice, the borrower who has passed the examination needs to sign the loan contract at the bank outlet within the agreed time. The bank will not release the loan funds until the customer signs the contract and completes the mortgage and other related procedures. For borrowers who fail the audit, they can consult the bank's customer service, find out the reasons for the rejection of the loan, solve the existing problems, and wait for a period of time to sort out the information before reapplying. After the borrower submits the mortgage application, he can also log in to the mobile banking or online banking of the loan handling bank to check the loan approval progress. General mortgage review takes about two to three weeks, and the results will come out within three weeks. If something is delayed, such as policy changes, the time may be extended to one month. If the notice is delayed, the borrower can also call the bank customer service staff directly.

3. How to check whether the mortgage has been approved?

① Credit Manager

When you go to the bank to apply for a mortgage, you will arrange for the staff to receive guidance. If you want to know the latest situation, the most direct way is to ask the credit manager.

② Make a phone call

In which bank to apply for a mortgage, just call and ask, and the customer service will tell you the latest progress.

③ Online inquiry

Generally, banks or other lending institutions have their own official website. You can check the progress of loan approval in official website.

4. Mobile phone inquiry

Download the bank mobile APP and there will be a special mortgage menu. Click to view the latest progress. Supplementary information:

How long does it usually take for mortgage approval to come to a conclusion? Because the requirements and standards of each bank are different, even the approval speed of the same bank in different periods is different. Under normal circumstances, it only takes about half a month for banks to approve loans. The bank's mortgage approval is slow. The whole process takes about half a month from the submission of materials to the bank submission and then to the examination and approval. In this process, the bank will focus on verifying the authenticity of everyone's information, and check whether everyone's bank flow and credit information meet the requirements of the bank. If everyone meets the requirements of the bank in all aspects, the bank will generally give the approval result within 15 days after everyone submits the information. Of course, it depends on the number of bank customers. If more customers apply for mortgage loans, the approval time will be longer. On the contrary, if fewer people apply for mortgage loans, the approval time will be relatively short. As for how long it takes for the bank to lend money after approval, it depends on the entity.