What is the mortgage process?
1. Submit a loan application to the bank: the content should explain the purpose, amount and term of the loan.
2. Submit loan information: If an individual applies for a house mortgage loan, he/she needs to provide the following information: the borrower's ID card, running water in the past six months, work certificate, credit report, house title certificate, etc. If an enterprise needs to mortgage real estate, the materials it should provide include: business license, articles of association, capital verification report, purchase and sale contract, annual financial statement of the previous year, semi-annual financial statement and asset certificate.
3. Housing evaluation: After the above materials are handed in, the bank will conduct on-the-spot investigation and evaluation of the mortgaged property.
4. Loan approval: The housing appraisal company submits the appraisal report or opinion to the bank for approval.
5. Signing a loan contract: The borrower signs a loan contract with the lending institution, and all relevant documents, signatures and fingerprints are notarized by a notary.
6. Mortgage registration procedures: The bank goes to the real estate office for mortgage registration with the house ownership certificate and notarized loan contract.
7. Bank Lending: Due to the different regulations of banks, they will lend money to cooperative merchant accounts in the form of cash, punch card or remittance.
Which bank has the fastest real estate mortgage loan?
1, qualified banks can do mortgage, which generally takes more than 20 working days. Loan conditions of mortgage loan: legal status; Have a stable economic income, have the ability to repay the loan principal and interest, and have no bad credit record; There is a legal and valid purchase contract.
2. If the newly purchased house is used as the maximum mortgage, it must have a legal and effective purchase contract, the age of the house is within 10 years, and a down payment of not less than 30% of the total price of the purchased house has been prepared or paid;
3. If a mortgage loan has been purchased, the original mortgage loan has been repaid for more than one year, the loan balance is less than 60% of the value of the mortgaged house, and the mortgaged house has obtained the property ownership certificate, and the age of the house is within 10 years; Being able to provide effective guarantee recognized by the loan bank; Other conditions stipulated by the lending bank.