The bank urges the real estate certificate because the real estate certificate is crucial to the loan process. If you choose not to apply, there may be a series of consequences:

First of all, banks cannot make mortgage loans, which means that you cannot obtain loan payments from banks, because loans usually rely on real estate certificates as collateral . In the loan process, the borrower needs to go through a series of steps: account opening, document preparation, interview, bank approval, mortgage registration, equity certificate processing, possible insurance notarization procedures, and finally loan issuance and scheduled repayment.

Secondly, the developer’s initial registration is a prerequisite for applying for a real estate certificate. Delay may result in failure to complete this step, which in turn affects your rights and interests. The developer needs to start the process 2-3 months after taking over the house, or you can take the initiative to ask and ensure that it is stipulated in the contract.

When applying for a real estate certificate, the documents you need to prepare include the purchase contract, surveying and mapping form, application form signed by the developer, and payment vouchers for the company's maintenance fund and deed tax. Survey sheets are essential for area confirmation and can be obtained from the developer, survey station or registration department.

In short, not applying for a real estate certificate will not only affect your loan, but may also affect your housing equity. Therefore, timely application for the real estate certificate is an important step in protecting your own interests. It is recommended to follow up on the relevant procedures as soon as possible.