how to handle a commercial loan for buying a second-hand house?
1. The borrower fills in the application form for housing mortgage before making a loan, and submits the following supporting materials from the bank: the borrower's fixed income certificate issued by the borrower's unit; Credit certification documents such as business license and legal person certificate of the loan guarantor; A legally valid identity certificate of the borrower; Relevant certificates of housing ownership or proof that I have the right to control the housing in accordance with the law; Appraisal report, appraisal report and insurance documents of mortgaged real estate; Contracts, agreements or other supporting documents for the purchase and construction of housing; Other documents or materials required by the lending bank.
2. The bank examines the borrower's loan application, house purchase contract, agreement and relevant materials.
3. The borrower shall submit the certificate of title and insurance policy or securities of the mortgaged property to the bank for custody.
4. Guarantors of both borrowers and borrowers sign the housing mortgage loan contract and notarize it.
5. after the loan contract is signed and notarized, the bank's deposits and loans to the borrower are transferred to the house selling unit or building unit specified in the house purchase contract or agreement.
6. The loan applicant repays the loan on a monthly basis.
what is the process of buying a second-hand house?
1. collect the relevant information of the buyer and the seller required by the loan bank.
2. assist the lender (buyer) to sign the bank loan text and submit it to the bank for preliminary examination.
3. Assist buyers and sellers to handle the transaction transfer.
4. after receiving the new title certificate, the buyer will hand over the original title certificate, the original sales contract, the original deed tax and the original old land certificate to the guarantee company.
5. after the buyer's new title certificate is issued, the guarantee company will send the loan text and the buyer's real estate information to the loan bank and the provident fund center for approval.
6. After the bank has completed the examination and approval, it will issue loans to customers with the Letter of Guarantee issued by the house purchase guarantee company.
7. after the loan reaches the account of the house property guarantee company, the buyer and the seller are notified to sign the loan and the seller can collect the house payment.
8. The house purchase and second-hand housing loan guarantee company handles the formalities of land certificate and house mortgage on behalf of the buyer. Hand over the real estate license and land certificate to the buyer, and hand over the house ownership certificate to the bank.