① Before handling the loan, you must first sign a formal house purchase contract with the developer, and at the same time, the down payment should be no less than 30%.

Secondly, the lender needs to bring his own relevant documents to the bank for loan procedures. Generally, he needs to bring the original personal ID card, the original household registration book, the purchase contract and the personal income certificate. At the same time, you need to consult the bank to see if there are other materials you need.

③ After filling in the application form and submitting relevant materials, the bank will conduct an audit, and at the same time, it will also examine whether the lender meets the loan conditions of the bank. After meeting the requirements, the bank will notify the lender to sign a contract and go through the mortgage formalities.

(4) After the mortgage formalities are completed, the loan relationship between the bank and the applicant has been established. At this time, the bank will issue loans in full and on time according to the contract, and the money will generally be directly credited to the developer's account.

Click to view: How to apply for a loan to buy a house?