Personal housing mortgage loan is a loan service provided by China Bank to borrowers who have obtained housing mortgage loan from China Bank. After paying a certain loan interest and interest, if we need funds for personal consumption or business for a period of time, we can use the mortgage loan minus the original loan balance as collateral, and then apply for a loan from the bank.
(1) loan process of two mortgage banks
(2) First, a current account should be opened in a banking institution.
(3) Fill in the application form as required, and submit the application form and materials as instructed by the bank.
(4) Home visits to banks or appointed lawyers to investigate the authenticity, legality and completeness of the information provided.
(5) After approval by the bank, notify the approval result and sign a loan contract.
(6) insurance, mortgage registration, notarization and other procedures.
(7) CITIC Industrial Bank directly transfers the loan to the account agreed in this contract. describe
What's the interest rate for two mortgages?
At present, the bank's interest rate on the second mortgage is 8%-9% per year. At present, there are not many banks that can handle the second mortgage of houses, such as Guangfa Bank and Minsheng Bank. The loan term is 65,438+0-3 years, the combined mortgage ratio (the ratio of the total amount of two outstanding loans to the property value) is less than 60%, and the loan is within 65,438+0-3 months.
The two mortgage interest rate of the pawnshop is 1.5%-2.5% per month, and the management fee is extra. The term is 5 days to 6 months, the amount of two mortgages is 70% of the residual value of the house, and the loan will be released within 7 days.
In addition to this loan bank, the mortgage interest rate (%) of these two houses is also related to time:
(1) Less than six months (inclusive) 5. 10
(2) Half a year to one year (inclusive) 5. 10
(3) One to three years (inclusive) 5.50
(4) Three to five years (inclusive) 5.50
(5) More than five years (inclusive) 5.65
There are still risks in two mortgage, as follows:
(1) loan interest
Because of the pressure of banks or small lending institutions, the interest rate of these two mortgage loans was very high at that time. The loan interest rate is calculated every month, but in general, the monthly loan interest rate paid by two mortgages is about 5% of the loan amount.
(2) There is no negotiation process in the repayment process.
These two kinds of mortgage loans are particularly strict in the repayment process. In the process of repayment, once the borrower is unable to repay, the bank or small loan company will auction the two mortgage collateral immediately, instead of giving the mortgagee a chance to negotiate. Therefore, applicants must pay attention to the repayment time.
(3) The loan application amount is not high.
Although these two mortgage procedures are simple, the loan amount you can apply for is not very high. According to the current regulations, the amount of these two mortgage loans cannot exceed the original mortgage loan amount MINUS the original amount, which can be applied to the situation that the loan amount MINUS the original amount will be greatly reduced.
To sum up, we know what the interest rate of the second loan of real estate is and what the second mortgage of housing is, so we must be prepared for the loan! The second loan of real estate won't get much money. At this time, if you need a lot of money, you need to ask some other people for help. This alone is not enough!