A. The house needs to meet the requirements of the bank: under normal circumstances, the bank accepts the real estate with clear property rights within 20 years and can be listed and traded.
B. Credit compliance: The account manager of this bank will help you check your credit status. If the credit is too bad, the bank will not accept it.
C. the repayment ability of the homeowner: you have collateral, but you also have the repayment ability. That is, to have a stable income. For example, if you make a loan with a term of 10 years, the monthly repayment is about 12000. You should have enough ability to repay the monthly payment and ensure your own life.
2. Entrust the guarantee company to handle it. The process and conditions are basically the same as those of banks, except that the procedures are run by guarantee companies. Guarantee companies have long-term cooperation with banks, so they have more advantages than individuals in terms of interest rates, processing speed and lending. Of course, customers have to bear a certain service fee.
The basic process is as follows: signing a loan contract-housing evaluation-loan approval-mortgage registration of the Construction Committee-lending.
Time: generally, it takes about 1 month.
Conditions for applying for real estate mortgage loan:
1. The applicant is over 18 years old.
2. Have a stable job and income and good personal credit;
3. Other conditions stipulated by the applicant bank.
4. Generally speaking, the age of the house should not be too high (few banks generally accept it for more than 20 years).
5. It is generally required that there can be no mortgage on the property (or even if the mortgage loan has not been repaid), and the loan can not be released until the last loan can be repaid.
Extended data:
Housing 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. This kind of loan is actually a loan method in which the debtor (mortgagor) legally transfers the property ownership to the creditor (mortgagee) to obtain a loan. During this period, if the debtor fails to repay the loan principal and interest on schedule, the creditor has the right to dispose of the collateral and get priority compensation.
This loan method can reduce the loan risk of creditors and provide the most effective guarantee for creditors to recover their loans. The use of mortgage loan in housing credit is based on the security, liquidity and profitability of bank operating funds. Because the borrowers of this kind of housing loan are mostly individual residents, and it is impossible for banks to clearly understand the financial strength and credibility of borrowers, which increases the risk of bank loans, and mortgage loans provide creditors with effective protection to recover loans just under the condition of high loan risk. Therefore, most banks use mortgage loans in housing loans issued to individual residents.
References:
Baidu encyclopedia-housing mortgage loan