Financials Jan 15, 2022 10:19 AM (GMT+8)
Financial Associated Press, January 15 (Xinhua) -- affected by factors such as sufficient quota guarantee, the mortgage loans of Shanghai residents, which were once overstocked in mid-2021, have been significantly accelerated. Many bank mortgage managers in Shanghai told Caixin that according to the current mortgage lending progress, after the mortgage certificate is in place, "lending can be made in almost two weeks to three weeks". At present, the whole process from contract signing and approval to lending is basically one month to one and a half months.
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