Users who apply for decoration loans stagger the application time with other loans and will not be affected by other loans. In other words, lenders can apply for renovation loans as long as they meet the application conditions. Whether the decoration loan can be successfully applied is subject to the bank's audit results. If it fails, you can resubmit the loan application.
Personal housing renovation loan method
Personal loans of commercial banks include personal housing decoration loans. The lender needs to provide assets recognized by the bank as collateral, or a third party with sufficient compensation ability to provide joint liability guarantee. When applying for a loan, materials such as renovation contract, house sales contract, house purchase receipt or invoice are also required.
1, personal unsecured loan
Banks will basically promote some personal unsecured loans, which can also be well screened. Because the loan procedures are relatively simple, you can apply for loans only by issuing personal income certificates and other materials. Loans can be arranged at will for decoration, home appliance purchase, wedding, honeymoon and so on.
2. Consumer finance companies
Loans issued by consumer finance companies also do not need mortgage and guarantee, but the amount issued is small, generally five times the monthly income of the lender, so the approval speed of such loans is also faster.
Step 3 pay by credit card
At present, many credit cards have also introduced the installment payment function of home improvement. Novices can try this kind of loan. They can first buy goods and services from cooperative home improvement merchants designated by commercial banks, and then apply for installment payment from the bank credit card center.
What are the steps of decoration loan?
1. First, the loan applicant applies for a loan from the bank and fills in the Application for Personal Housing Decoration Loan. At the same time, submit relevant certificates and materials to the bank.
2. The bank shall examine the authenticity, legality and credit standing of the relevant certificates and materials submitted by the borrower, and may agree to the loan if it meets the requirements. After that, the loan applicant signed a decoration project contract with the decoration company or decoration product seller with this certificate, and submitted the original contract to the bank.
3. In addition, the borrower and the borrower need to sign a personal housing renovation loan contract and the corresponding guarantee contract. If the borrower takes the house as mortgage, it shall go through the notarization of the Individual Housing Mortgage Contract, mortgage housing insurance and real estate mortgage registration procedures.
4. After the bank has completed the loan guarantee procedures, it will go through the lending procedures.
5. Entrusted by the borrower, the bank transfers the loan money to the decoration company or the unit selling the decoration products to open an account in the bank in the name of paying the decoration money according to the time stipulated in the loan contract.
6. If the credit information is not good because of false information, it is not good. If you want to borrow money, you need to go to the central bank's credit information center to file an objection application before you can borrow money. It takes a long time to approve the application, which takes about 15 working days.
If there are serious credit problems such as fake loans, it is necessary to negotiate with the bank and report the case to the public security organ before lending. If poor credit information is not conducive to loans, you can try to choose mortgage loans. Generally, as long as the value of collateral is high, most commercial banks will relax the conditions for personal credit, especially real estate, cars and other assets as collateral, which is very easy to lend.