First of all, we need to know what mortgage loan is. There are two kinds of mortgage loans, one is personal consumption loan and the other is personal business loan. The so-called bank consumption loan is a loan issued by a banking institution to individual consumers for purchasing durable consumer goods or paying for other consumption. In other words, use the bank's money to run your own business and buy your own things, such as houses, cars, furniture, color TVs, refrigerators, computers and so on. And even apply for a bank loan to travel, vacation and further study. Personal business loans, as the name implies, are secured by their own property to obtain bank financing for commercial purposes. Mortgage application conditions: not all houses can be mortgaged with bank loans. First of all, the rigid requirements of most banks are that the age of the house is within 15, the area is over 60 square meters, and the loan application amount cannot be less than 300,000. Applicants should have extra rooms. And provide repayment sources and loan purposes, such as personal flow, invoices, etc. Some people think that their houses are in a good location and the market price is high, so they can definitely apply for mortgage bank loans from banks. This is wrong. When banks apply for loans, the first thing to consider is risk. The new house is better than the old one. A large area is better than a small one. In addition, it is easier to handle without birth certificates for the elderly and children than with them. Mortgage bank loan interest rate: because the economic environment is changing, the interest rate is also changing. Last year, the consumer loan was able to get a 10% discount, and now it has to go up at least 10-30%. Not to mention personal business loans, it is possible to float 40-50%. Therefore, when applying for a loan, you should consider your repayment ability, otherwise the monthly pressure will be too great, which will be very hard and embarrassing. Repayment method of mortgage bank loans: Personal consumption loans are generally repaid with equal principal and interest, and the loan term is 15 years. Personal business loans are divided into two types: equal principal and interest and interest before principal. The loan term is 15 years and 1 year respectively. Information to be provided for mortgage bank loans:

Personal identification, household registration book, proof of residential address and proof of marital status.

◆ Personal income certificate or asset status certificate.

◆ Proof of property right of mortgaged house.

◆ If the applicant mortgages other people's property, it is also required to provide the ID card of the property owner (including the owner of * * *), proof of marital status and written proof of consent to mortgage. Loan process

◆ The borrower applies and submits relevant materials.

◆ Conduct real estate appraisal and pre-loan investigation and approval.

◆ Pass the examination and approval and go through the mortgage registration formalities.

◆ When granting the loan, the borrower will repay the loan principal and interest on a regular basis as agreed in the contract.

◆ Settle the loan principal and interest and recover the mortgaged house.