What are the application methods for decoration loans?
Personal consumption loan
Personal consumption loan, a kind of mortgage loan. The applicant applies for a loan with fixed assets as collateral. This method takes a long time and consumers know more about it. Different banks have different requirements for the price and area of real estate. In addition, the evaluation results are influenced by personal credit qualifications and external factors of real estate (such as geographical location and future changes).
Personal credit loan
This method is unsecured loan, and the lender needs to meet certain conditions. For example, have a stable job and income, work continuously in the current unit for at least the time specified by the bank, and have a good credit rating. At the time of application, the telephone list, water and electricity bill and personal income certificate issued by the unit are important materials for the bank to inspect the applicant's work nature, industry and income.
Consumer loans of financial companies
Consumers can also apply for loans from consumer finance companies. Similar to banks, consumer finance loans are also divided into mortgage loans and unsecured loans. Unsecured loans are common, with the advantages of low interest, large amount, fast lending and high efficiency.
Credit card installment decoration loan
Credit card has many advantages, for example, it is convenient and fast to use, which can improve the bank's return on capital and bring convenience to microfinance. Many banks have implemented credit card installment loans, which require a small amount and can also be cashed out by credit card. Banks have no requirements for applicants, and the amount of cash withdrawal varies with different credit ratings. Require consumers to repay their loans on time.
Conditions for applying for decoration loan
1. The application for renovation loan must be a legal account of the local police station, a permanent account and a valid resident ID card.
2. The applicant for decoration loan should have a stable job to ensure a stable income and need to be able to repay.
3. Applicants for renovation loans need to provide relevant asset certificates to the bank.
4. Newly purchased houses need a house sales contract and a house purchase invoice.
5. Other renovation loans that meet the requirements of relevant departments.
Decoration loan application process
1. Decoration loans can be handled through the personal housing decoration loan business of the bank, which is generally handled by the bank.
2. The borrower of the decoration loan needs to apply for the relevant loan, fill in the information according to the actual needs and go through the relevant formalities.
3. The bank needs to review the information filled in and submit it to the superior for review. Only after all the reviews are passed can the decoration loan contract be signed.
4. The bank handles the relevant loan procedures, and users can use the loan.
What problems should I pay attention to when applying for a decoration loan?
1. When applying for a decoration loan, you need to submit the relevant house sales contract, and the name of the applicant should be consistent with the house property contract.
2. In the decoration loan, the personal consumption loan issued by the bank cannot be used directly, but is transferred to the decoration company account by the bank and cannot be used as working capital.
3. In decoration loans, the longest repayment period is 5 years, unless the bank has special provisions.
Editor's summary: The above is the application conditions and process of decoration loan. There are four kinds of related knowledge about the application method of decoration loan, hoping to help friends in need! Please continue to pay attention to our website for more information, and more exciting content will be presented later!