② Applicants need to bring relevant materials to the corresponding bank outlets to apply, and at the same time, they need to fill in the corresponding application form.
③ The staff will review the materials and check the applicant's credit status.
④ The bank will contact the real estate appraisal agency to appraise the mortgaged property. After the appraisal is completed, the bank will submit the appraisal report to the bank.
⑤ The bank will determine the loan amount and repayment time according to the personal qualification and the final evaluation result of the house.
The bank will sign a formal loan agreement with the applicant, and the applicant needs to go through mortgage registration, insurance and other procedures.
After all the above procedures are completed, the bank can issue loans, and all the applicant needs to do is repay the principal and interest on time.
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