What is the loan process of the mortgage bank?
1. Apply for a loan: First of all, you need to submit a mortgage loan application to the bank, which should explain the purpose and time of the loan.
2. Bank approval and evaluation: After the relevant personnel of the bank have approved the materials, the applicant needs to submit the ID card, salary table, credit report, house property certificate and other related materials. After submitting the materials, the bank will arrange relevant personnel to conduct housing evaluation.
3. Loan approval: The housing appraisal company submits the appraisal report or opinion to the bank for approval.
4. Notarization of loan contract: The borrower signs the loan contract with the loan bank, and after all the formalities are signed and sealed, it will be notarized by a notary.
5. Mortgage registration: The bank shall go to the real estate office for mortgage registration with the house ownership certificate and notarized loan contract.
6. Bank lending: Each bank has different rules and regulations, and the way of lending will be different, usually in the form of cash or punching cards.
How long can a mortgage last?
1. If it is a new house mortgage, the longest loan period cannot exceed 30 years; If it is a second-hand housing mortgage, it cannot exceed 20 years. When calculating the loan term, the borrower should determine the repayment term according to his repayment ability, so as not to cause repayment pressure.
2. It should be noted that to apply for housing mortgage loan, the house provided by the borrower must meet the requirements of bank mortgage loan. If the borrower's house does not meet the requirements of the bank mortgage loan, he can't apply.
Summary: So much for the loan process of the mortgage bank. You can refer to the above process when handling, and pay special attention to some details when handling. I hope the above introduction will be helpful to everyone.