2. Prepare loan materials. The borrower shall prepare all the documents and certificates required to apply for a loan as required.
3. Appraisal of house-viewing: For real estate mortgage loans, relevant institutions conduct on-the-spot investigation and appraisal of mortgaged houses.
4. Apply for a loan. For real estate mortgage loans, submit all loan application materials together with evaluation reports or investigation opinions to the bank for approval.
5. Notarization of loan contract. After the borrower and mortgagor fill in (loan contract) and all relevant documents, sign them and press their fingerprints, they will be notarized by a notary.
6. Mortgage registration procedures. The bank shall go through the mortgage registration procedures with the housing ownership certificate and the notarization certificate of the loan contract to the housing management department.
7. Opening an account and lending: the borrower opens a repayment account and the bank lends money to this account.
Real estate mortgage loan is a kind of loan provided by the bank to ensure the safety of the loan. The borrower's real estate, securities and other documents can legally obtain the lien and pledge of the borrower's property through certain contracts.
The loan period of new house loans shall not exceed 30 years, and that of second-hand houses shall not exceed 20 years; The loan amount is 70% of the appraised value of the house; The loan interest rate is implemented according to the loan interest rate of the same grade in the same period stipulated by the People's Bank of China, and the benchmark annual interest rate is 5.94%.
Housing mortgage loan conditions: the service life of the house is within 20 years; Banks have different requirements for the size of houses; The house should have strong liquidity; Generally need commercial housing, apartments, shops, office buildings.
General real estate mortgage loans need to be handled by professional real estate guarantee companies. Real estate mortgage loan has become an important means of real estate financing for individual residents. Loans are issued through mortgage loans to meet temporary consumption needs and even business needs, with a view to revitalizing the real estate held by residents. Moreover, among various financing channels, real estate differential mortgage loan is still one of the lowest cost ways. According to the data provided by Beijing Houze Investment Guarantee Co., Ltd., the first wholly foreign-owned real estate guarantee company in China, nearly 30% of real estate mortgage loans are used to buy houses again, and other uses account for a relatively high proportion: business use, car purchase, study abroad immigration, decoration and purchase of bulk consumer goods.