First, the mortgage loan process mainly includes these.
1. loan application: the borrower proposes the purpose, amount and term of the loan;
2. Prepare loan materials: the borrower submits the documents needed to apply for a loan.
3. Housing evaluation: relevant institutions conduct on-the-spot investigation and evaluation of mortgaged houses;
4. Apply for a loan: submit all loan application materials together with the evaluation report or opinion 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 to the housing management department for mortgage registration with the house ownership certificate and notarized loan contract;
Mortgage is a traditional loan method in loan products, especially housing mortgage loan, which has existed for a long time. Almost all banks are carrying out this business, but different banks have slightly different requirements when handling housing mortgage loans, and the lending speed is also different.
General banks will stipulate the processing time of mortgage loans. "The borrower can get the loan within 15-20 working days after submitting complete application materials such as work certificate, income certificate and property certificate, and passing the examination of personal qualification and mortgaged house."
Second, the real estate mortgage loan refers to the RMB loan in which the borrower mortgages the newly purchased commercial house, and the loan bank provides the borrower with a package of financial services to meet his various needs such as house purchase, parking space, large durable consumer goods, automobiles, house decoration, etc.
Article 394 of the Civil Code guarantees the performance of debts. If the debtor or a third party mortgages the property to the creditor without transferring the possession of the property, if the debtor fails to perform the due debt or realize the mortgage according to the agreement of the parties, the creditor has the right to be compensated in priority for the property.
The debtor or the third party specified in the preceding paragraph is the mortgagor, the creditor is the mortgagee, and the property that provides guarantee is the mortgaged property.