Will the bank inform you when the mortgage comes down? How to check whether the mortgage has been approved?

When it comes to buying a house, many people will choose to apply for a bank mortgage loan to buy a house, which can be said to be a relatively common and popular method at present. However, many property buyers are looking forward to the early approval of the loan. I wonder if the bank loan will take the initiative to inform the borrower whether it can be approved? So will the bank inform the borrower when the mortgage comes down? How to check whether the mortgage has been approved? When it comes to buying a house, many people will choose to apply for a bank mortgage loan to buy a house, which can be said to be a relatively common and popular method at present. However, many property buyers are looking forward to the early approval of the loan. I wonder if the bank loan will take the initiative to inform the borrower whether it can be approved? So will the bank inform the borrower when the mortgage comes down? How to check whether the mortgage has been approved?

Will the bank inform you when the mortgage comes down?

1. The bank will inform you by SMS when the mortgage comes down. If it is a commercial loan, it will generally arrive within 25 working days. If it is a municipal provident fund loan, it usually takes 15-20 working days to arrive, and the state-run provident fund will take 6 working days to arrive. Moreover, the transaction volume of second-hand houses is on the rise, and the time limit for lending by different banks may change. If you have received the loan notice, it is recommended to consult the loan bank.

2. Under normal circumstances, if you receive a short message or phone call from the bank and know that the loan has been approved, the developer will inform you to get the house purchase contract that has been registered with the real estate management department (because if the bank does not grant you a loan, the developer will not register with the real estate management department with the house purchase contract signed with you).

Generally, the bank will send the loan contract and repayment card to the developer in batches, so you can also get the loan contract and bank card when you receive the purchase contract.

Some banks need customers to apply for loans again. Remember to ask the bank for a loan contract and loan receipt that belongs to you after the loan is completed. Second-hand houses also have insurance policies, evaluation books, invoices and so on. There are also two copies of the real estate license, remember to let the bank affix the administrative official seal, because some organs and departments need to do things.

How to check whether the mortgage has been approved?

The lender will receive SMS to inform the mortgage result. You can query in the following ways:

1. The house loan is a bank loan, so the most direct method is to ask the corresponding banking business manager.

2. Considering that the housing loan is directly issued by the bank to the real estate company, the relevant finance of the real estate company can also keep abreast of the mortgage payment;

3. In the process of mortgage review, the general bank will call the lender to verify some information. Then, if all the projects meet the loan conditions, the lender will be informed of the loan date and amount by SMS before the loan is issued.

The above article is about whether the bank will notify the mortgage and how to inquire whether the mortgage has been approved, hoping to help friends in need. If the mortgage comes down, the bank will inform everyone, so don't worry about it at all. Of course, if you are in a hurry, you can keep in touch with the bank staff at any time to understand the approval of bank loans.