processing speed-loan approval is generally completed within 1-3 working days. The borrower holds the current savings passbook or savings card or the original credit card and insurance documents to the loan bank to sign the loan contract. The loan contract takes effect and the funds are transferred to the borrower's account.
loan application
application conditions
1. Have a local permanent residence and legal and valid identification;
2. Have a proper occupation and stable income, and have the ability to repay the loan principal and interest when due.
3. The borrower can provide relevant asset certificates, bank statements, tax bill certificates, etc.
4. For newly purchased houses, information such as house purchase and sales contracts and purchase invoices should be provided (or materials such as house ownership certificates should be provided for the renovation of the original houses);
5. Other conditions stipulated by the cooperative organization.
Application materials
1. Identity cards and household registration books (photocopies) of the applicant, spouse and participants in repayment;
2. Marriage certificate or unmarried certificate;
3. proof of income of the applicant and participants in repayment;
4. Certificate of house property right or lease certificate of public housing;
5. materials required by other cooperative organizations.
handling method and process
personal housing renovation loan refers to a loan for the purpose of family housing renovation (some banks also provide renovation loans for commercial housing), with the property and rights that the borrower or a third party owns or has the right to dispose of according to law as collateral or pledge, or with a third party providing guarantee for the loan and assuming joint liability.
Housing renovation loans are short-term loans, and the term of each major bank will be slightly different, but generally it will not exceed five years. Housing renovation loans are generally secured by the purchased houses, and the loan interest rate is implemented according to the loan interest rate of the same grade in the same period stipulated by the People's Bank of China. Generally, there is no interest rate concession.
personal housing renovation loan processing method: the borrower applies for personal housing renovation loan business through the branch of China Construction Bank.
Precautions
1. Personal housing renovation loans are loans issued by banks to borrowers for the renovation of their own houses. The housing decoration mentioned here refers to the engineering activities that use decoration materials to modify and process the housing. That is to say, the property must be your own.
2. The special requirements in the housing decoration loan are: having the housing renovation contract, decoration budget and related materials signed with the decoration and decoration enterprises approved by the relevant departments; Some banks also require owners to have no less than 3% of the total renovation budget, and invest in the project construction before using the loan.
3. According to the regulations of the bank, personal consumption loans are generally not allowed to withdraw cash. The bank will transfer the money to the account of the decoration company.
4. The loan term is generally not more than 5 years
Bank loans are generally divided into mortgage loans and unsecured loans. The lending time of different loan methods is different, and the approval process of different banks is different. The specific situation needs to be subject to the relevant bank regulations. Compared with ordinary credit, the lending time of decoration loan will be slower, depending on the importance attached by each bank or branch. For example, the decoration loan of China Construction Bank needs to be photographed at home, and it needs to be verified whether it is a real decoration. It will naturally take a little longer from the time when the materials are complete. If you have complete information, you can lend money in about half a month. If you know someone familiar with the bank, you may lend money in a week.