What should I pay attention to when applying for a loan for mortgaged real estate?
1. Apply for loan amount according to one's ability: When applying for personal housing loan, the borrower should make a correct judgment on his current economic strength and repayment ability, and at the same time make a correct and objective prediction on his future income and expenditure. Only in this way can we carefully determine the loan amount, loan term and repayment method, design the repayment plan according to our own income level, and leave room appropriately.
2. Choose a good loan bank for mortgage loan: The more services the bank provides, the more detailed it will be, and you will get flexible and diverse personal financial services, as well as a rich service and product portfolio. For example, ICBC Shanghai Branch has introduced a series of new measures, such as adjusting the loan term of borrowers, allowing borrowers to change collateral, changing real estate rights, etc.
3. Choose the repayment method that suits you best: At present, there are basically two repayment methods for personal housing loans: equal repayment method and equal principal repayment method. The repayment method of equal repayment is adopted, and the repayment amount remains unchanged (except for adjusting the interest rate), which is convenient for repayment, but more interest has to be paid. In the case of equal principal repayment, the monthly repayment amount is gradually reduced. When signing a loan contract with a bank, the borrower should first understand the two repayment methods and determine the most suitable repayment method.
4. The information provided to the bank should be true: the real personal occupation, position and recent economic income should be provided. If you don't have enough ability to repay the loan, but exaggerate your income level, you are likely to default at the initial stage of repayment, and it is confirmed by bank investigation that you have provided false certificates, which will affect your loan application.
Can a mortgage house be formal?
Not necessarily. In addition to the real estate license, banks also need to look at credit records, other loan records, income certificates and so on. The bank evaluates the value of your house, subtracts your outstanding loan from the evaluated value, and then lends in proportion.
1. Relevant information provided to the applicant includes: property right information: property owner, community name, housing area, floor and age. Loan situation: original loan bank, outstanding amount, estimated loan amount, income and repayment ability, and loan purpose.
2. Need the "name and ID number" of the lender and spouse, and need the "repayment statement of the last two years" after the initial credit investigation. When signing a loan contract, it is necessary to specify "loan amount, fixed number of years, service fee amount, repayment method and income proof". If the loan fails, the lender shall bear the responsibility. The advance payment requirement for loan repayment is clear: "The loan amount, bank name and advance payment will be paid off in full on the second day after the loan arrives. If the loan fails, the property owner must pay it in one lump sum within 30 days.