1. Apply for mortgage loan: After confirming that the property you choose is supported by the bank's mortgage, the buyer can find out the mortgage loan situation of the buyer from the bank or the law firm designated by the bank, and also need to prepare relevant legal documents and fill in the relevant Application Form for Mortgage Loan.
II. Signing a house purchase contract: After receiving the documents submitted by the buyers, the bank confirms that the buyers meet the mortgage loan conditions through examination, and then sends a loan consent notice or a mortgage loan commitment letter to the buyers. Property buyers can sign purchase contracts with developers or other agents.
Third, sign the building mortgage contract: after signing the relevant purchase contract and obtaining the proof of payment, the buyer can sign the Building Mortgage Loan Contract with the relevant legal documents agreed by the bank, the developer and the bank, and the contract also needs to specify some rights and obligations such as the amount, term, interest rate and repayment method of the mortgage loan.
Handling mortgage registration and insurance: property buyers, developers and banks can handle mortgage registration and filing procedures with the real estate management department on the basis of the building mortgage loan contract and related purchase contracts. For faster delivery, after completion, the mortgage registration formalities shall be changed.
After buying a new house and applying for a mortgage loan, other warrants of the real estate license are mortgaged in the bank, but the original of the real estate license is still in the hands of the head of the household. When handling a mortgage loan, the borrower must bring his valid ID card and loan contract. Real estate license and other materials, to the housing management department where the house is located for mortgage registration. In the process of mortgage registration, the Housing Authority will hand over the house ownership certificate to the bank and stamp the mortgage seal on the real estate certificate, which means that the house has been mortgaged, but the real estate certificate is still kept by the borrower himself. However, after the borrower settles the loan, he still needs to bring the real estate license, his valid ID card, loan settlement certificate, house ownership certificate and other materials to the original housing authority for mortgage registration and cancellation, before the house can be owned by the borrower. How long does it take to pay off the mortgage?
Sixth, the monthly repayment amount of mortgage is determined according to the borrower's loan period. As long as the loan comes down, it will be repaid according to the month of the loan. When the mortgage is approved depends on whether the repayment has been made. If the loan is approved, we still need to wait for the quota to be released. If it is released on the 6th of this month, it will usually be deducted for the first time on the 6th of next month. Of course, it depends on the loan contract, and some banks will deduct it on the 20th. The mortgage contract is required by the bank. Generally, the bank staff will put the contract in the sales office and inform you to get it. Generally, it will not be mailed. Unless required, please contact the bank yourself.
After the bank loan is issued, your house payment has been paid in full. Just ask the developer for an invoice. Banks will give you loan contracts and loan certificates, and some banks will also give repayment plans.