Which bank is the best for housing mortgage loans?

Which bank is better for housing mortgage loans?

1 If the loan interest rate is lower, you can choose the four major banks, namely Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, and China Construction Bank. The annualized interest rate is about 3.75%-4.25%.

2 If you want faster approval, you can choose local banks, including Bank of Beijing, Bank of Nanjing, Bank of Ningbo, Bank of Hangzhou, Bank of Shanghai, Bank of Jinan, Bank of Changsha, Bank of Dalian, etc. The review process is relatively Simple and faster.

3 If you want to apply for a loan with a long term, and you are an office worker, a small and micro enterprise, etc., you can choose a small and medium-sized bank, which generally has looser qualification requirements for borrowers.

When applying for a housing mortgage loan, the borrower can often borrow money if he or she owns a house. Commercial housing, commercial housing, and industrial plants can all be used as mortgages, and the scope of collateral is wide. Since the credit situation of each branch is different, please refer to the local credit outlet for details.

When the lender submits complete information and meets the bank's loan conditions, the bank will approve the loan as soon as possible, but the specific approval and loan time should be based on the actual situation, or consult the local credit department.

Which banks can provide real estate mortgage loans

CITIC, Industrial Bank, Postal Savings Bank, Industrial and Commercial Bank of China, etc. Many banks have real estate mortgage loans. Requirements for real estate mortgage loans: the property rights of the house must be clear, meet the conditions for listing and trading stipulated by the state, and can enter the real estate market without any other mortgage; the age of the house (calculated from the date of completion of the house) is added to the loan term It cannot exceed 40 years; the mortgaged house is not included in the local urban renewal plan, and has a real estate certificate and land certificate issued by the real estate department and the land management department.

Which bank is better for home mortgage loans

Each bank has different loan thresholds. You must first understand your qualifications and which banks can accept it.

For example, your property status, overdue status, and turnover amount, and then choose a bank that can accept your property mortgage business with a low interest rate, a long term, and a high credit limit.

Each bank has its own advantages and disadvantages. You should choose a suitable bank according to your own situation.

If you must recommend, then the following three are the best choices in different scenarios

1. The bank with the lowest interest rate: China Construction Bank

We know that, Generally, the interest rates of banks are raised based on the benchmark interest rate issued by the central bank, while China Construction Bank insists that the benchmark expected annualized interest rate remains unchanged, and the one-year expected annualized interest rate is only 6%. If you borrow 500,000 yuan and repay it in one year, the capital cost is only 16,400 yuan. Compared with other banks, you save at least several thousand yuan.

2. The most efficient bank: Industrial and Commercial Bank of China

We have also mentioned before that ICBC can obtain a loan as quickly as 5 working days. Most banks take about 10-20 working days, and some banks even take a month to get a loan. In terms of lending efficiency, ICBC is the well-deserved champion.

3. The most convenient bank for revolving loans: Bank of China

Bank of China supports house mortgage revolving loans. Within the available limit, the borrower does not need to go to the bank every time to obtain or return the loan. Say hello, and there is no need to waste time repeatedly handling house mortgage registration procedures, signing loan contracts and other matters. This makes revolving loans very simple and therefore gets the most effortless rating.

I want to use the real estate certificate as a mortgage loan. Does anyone know which bank can handle it?

Banks that can handle the real estate certificate as a mortgage loan: Bank of China, China Construction Bank, Industrial and Commercial Bank of China, China Merchants Bank, Private loan company.

1. Bank of China’s personal real estate mortgage revolving loan is the most labor-saving: mortgage revolving loan. It is not difficult to see that this product has the characteristics of one-time application, recurring use, and borrowing and repaying at any time. It is especially suitable for business owners who pursue "short-term, frequent and fast" and have recurring loan needs.

2. China Construction Bank’s personal consumption loans are the cheapest: many banks’ loan interest rates are slightly raised based on the base interest rate, while China Construction Bank keeps the base interest rate unchanged.

3. Industrial and Commercial Bank of China personal business loans are the most time-saving: Industrial and Commercial Bank of China is slightly better in this regard due to its efficient work efficiency. The loan can be approved in as fast as 5 working days. Industrial and Commercial Bank of China real estate mortgage loans It is also widely used.

4. China Merchants Bank’s real estate mortgage loans are the most flexible: China Merchants Bank has a relatively long repayment period, flexible repayment methods, and relatively cheap interest.

5. As a supplement to the bank’s real estate mortgage loan business, private loan companies can meet the needs of those friends who do not meet the bank’s application threshold and are in urgent need of money. In terms of loan threshold and processing speed, private loan companies are far behind Far more advantageous than banks.

Requirements for real estate mortgage loans:

1. The property rights of the house must be clear, meet the conditions for listing and trading stipulated by the state, and be able to enter the real estate market without any other mortgage. ;

2. The sum of the age of the house (calculated from the date of completion of the house) and the loan term cannot exceed 40 years;

3. The mortgaged house is not included in the local urban reconstruction plan. And there are real estate certificates and land certificates issued by the real estate department and the land management department.

Requirements for borrowers of real estate mortgage loans:

1. Have a legitimate occupation and a stable source of income, and have the ability to repay the principal and interest of the loan on time;

2 .No illegal behavior or bad credit record;

3. Be able to provide a valid rights pledge guarantee recognized by the bank or be able to use a legal and valid real estate as a mortgage guarantee or a third-party guarantee with the ability to compensate;

4. Open a personal settlement account with Industrial and Commercial Bank of China, and agree to the bank deducting the principal and interest of the loan from the designated personal settlement account;

Other conditions stipulated by the bank.

1. Real estate mortgage loan application materials:

2. Real estate certificate (for house mortgage bank loans, the real estate certificate and land certificate must be mortgaged to the bank);

3. ID cards of the right holder and spouse;

4. Household register of the right holder and spouse;

5. Marriage certificate of the right holder (marriage certificate or Civil Affairs Bureau Certificate of unmarriedness issued by the applicant);

5. Proof of income (this certificate has a greater impact on the success of the house mortgage bank loan and the maximum amount.); 6. If the owner of the real estate certificate has For minor children, please provide a birth certificate;

7. If there is a bank loan in the property, please provide the original loan contract and the last bank statement;

8. In order to increase the approval rate for house mortgage loans, please provide as many other proofs of the family's property as possible (such as other property certificates, stocks, funds, cash passbooks, vehicle driving licenses, etc.)

Which banks can handle real estate Mortgage?

Banks that can apply for real estate certificates as mortgage loans: Bank of China, China Construction Bank, Industrial and Commercial Bank of China, China Merchants Bank, and private loan companies. All major banks have mortgage loan business, but the policy conditions are different. However, most banks need a name to make loans, such as consumer loans, business loans, mortgages to buy new ones, etc. These types of loans The interest rate is higher than that of ordinary commercial loans for home purchases, but the maximum loan period is usually around 10 years; however, the interest rate is lower than that of mortgage loans in local commercial banks or credit unions, and the loan period is also longer. Generally, credit Most social institutions allow loans for 1 to 3 years, but the longest is 5 years. It is recommended that you bring your real estate certificate to the relevant bank mortgage department for consultation, and also prepare some proof of your own credit, such as your income certificate, documents or contracts for doing business or opening a company, etc. These can reduce the difficulty of your loan approval. .

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Characteristics of house mortgages of various banks:

1. Bank of China’s personal real estate mortgage revolving loan is the most effortless: mortgage revolving loan. It is not difficult to see this product. It has the characteristics of one-time application, repeated use, and borrowing and returning at any time. It is especially suitable for business owners who pursue "short-term, frequent and fast" and have recurring loan needs.

2. China Construction Bank’s personal consumption loans are the cheapest: many banks’ loan interest rates are slightly raised based on the base interest rate, while China Construction Bank keeps the base interest rate unchanged.

3. Industrial and Commercial Bank of China personal business loans are the most time-saving: Industrial and Commercial Bank of China is slightly better in this regard due to its efficient work efficiency. The loan can be approved in as fast as 5 working days. Industrial and Commercial Bank of China real estate mortgage loans It is also widely used.

4. China Merchants Bank’s real estate mortgage loans are the most flexible: China Merchants Bank has a relatively long repayment period, flexible repayment methods, and relatively cheap interest.

5. As a supplement to the bank’s real estate mortgage loan business, private loan companies can meet the needs of those friends who do not meet the bank’s application threshold and are in urgent need of money. In terms of loan threshold and processing speed, private loan companies are far behind Far more advantageous than banks.

6. Nowadays, most commercial banks can handle house mortgage loans, but the premise is that the house must meet the mortgage conditions. Generally, properties under mortgage cannot be used for mortgage loans. This needs to be noted.

7. Although banks can apply for home mortgage loans, not everyone can get it. If the repayment ability is not strong or the credit is stained, even if there is a real estate as a mortgage, it is very likely to be rejected by the bank. Outside the door, you can consider a loan company at this time.