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How long does it take Urumqi to issue the final payment from the bank?
1. Time limit of commercial loan: 15 working days after the issuance of real estate license;
2. City provident fund loan: 10- 15 working days to apply for real estate license (the processing time of real estate license varies from city to city);
3. State-managed provident fund loan: the loan contract is signed within 7- 10 working days after the real estate license is issued, and the loan is released within 7- 10 working days after signing;
4. Municipal portfolio loan: the limitation period starts from the first instance. Both the buyer and the seller and their spouses provided documents that met the requirements of provident fund and commercial loans, and everything went smoothly. The seller will close the payment in about 4 months, and it will be postponed in case of national holidays. Generally speaking, two months will be added to this limitation period.
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