Mortgage procedure:

1. The commercial house purchased by the property buyer must be the commercial house of the real estate development company that signed the mortgage agreement with the bank;

2. Sign the purchase contract with the real estate development enterprise and pay the down payment of 20% of the total purchase price;

3. Submit the application for housing mortgage loan to the bank and submit relevant materials;

4. The bank investigates the borrower and the information provided, and informs the borrower to go through the loan formalities at the bank if it meets the requirements;

5. Insure the purchased house according to the loan term;

6. The borrower will mortgage the purchased commercial house to the bank, and the real estate enterprise will go through the mortgage registration with the relevant departments and hand over the real estate license to the bank for safekeeping.