1. The borrower submits the application materials related to the loan to the bank;

2. The bank conducts a preliminary examination of all application materials submitted by the borrower;

3. The bank investigates the borrower's personal credit information and funds;

4, the bank to meet the loan conditions and has passed the preliminary examination and credit investigation of the loan application for approval;

5. The bank informs the borrower who has passed the examination and approval to go through the relevant procedures such as contract signing, lending, mortgage or pledge; And explain the borrowers who have not passed the examination and approval;

6. When a bank issues loans after the loan contract comes into effect, it usually pays the funds in the form of special loans, that is, according to the loan contract, the bank directly transfers the funds to the dealer account of the borrower's car purchase.

The second-hand car mortgage loan has the following requirements:

1. The borrower is generally required to be a natural person with full civil capacity between 18 and 60 years old;

2. Good reputation, good willingness to repay, a fixed occupation and a predictable source of repayment, and being able to repay on time and on schedule;

3. Require the purchased used car to be mortgaged, and handle vehicle insurance according to the relevant requirements of the bank;

4. Other requirements stipulated by the bank.

Extended data

Conditions for handling the transfer of used cars:

There are legal sources and procedures, no records of bank pledge and court seal, no records of traffic violations and untreated accidents, no records of arrears, and all documents are complete.

Materials and certificates required for the transfer of used cars:

New owner's ID card, original/copy of motor vehicle driving license, motor vehicle registration certificate, motor vehicle inspection form and invoice. All of the above are required to provide the original. The specific required materials are mainly provided by dmv.

Matters needing attention in automobile loan:

Loan amount: if the purchased vehicle is for personal use, the loan amount shall not exceed 80% of the price of the purchased vehicle; If the purchased vehicle is a commercial vehicle, the loan amount shall not exceed 70% of the price of the purchased vehicle, and the loan amount for commercial trucks shall not exceed 60% of the price of the purchased vehicle;

Loan term: the purchased vehicle is for personal use, and the longest loan term shall not exceed 5 years; The purchased vehicle is a commercial vehicle with a loan term of no more than 3 years;

Loan interest rate: subject to the loan interest rate stipulated by China Construction Bank;

Repayment method: If the loan term is less than one year, you can use any repayment method, such as monthly interest, equal principal and interest, average capital repayment, and one-time repayment of principal and interest. If the loan term is more than one year, the method of equal principal and interest and average capital repayment can be adopted. The specific repayment method shall be negotiated between the handling bank and the borrower and agreed in the loan contract.