1. What are the conditions required for a guaranteed loan?

1. The conditions required for a guaranteed loan are as follows:

(1) Have a permanent urban residence or valid residence status ;

(2) Have a stable career and income, good credit, and the ability to repay the principal and interest of the loan;

(3) Purchase, build, renovate, and overhaul self-occupied housing;< /p>

(4) Have a contract or relevant supporting documents for the purchase and construction of self-occupied housing.

2. Legal basis: Article 669 of the "People's Republic of China and Civil Code"

When entering into a loan contract, the borrower shall provide relevant documents as required by the lender. The true status of the business activities and financial conditions related to the borrowing.

Article 675

The borrower shall repay the loan within the agreed time limit. If there is no agreement on the loan period or the agreement is unclear, and it cannot be determined according to the provisions of Article 510 of this Law, the borrower may return the loan at any time; the lender may urge the borrower to return the loan within a reasonable period of time.

2. What is the process of applying for a loan?

The process of applying for a loan is as follows:

1. Prepare the relevant procedures. The main procedures that need to be submitted for a general loan are: Including loan application, customer's ID card, household register, income certificate, marriage status certificate and other materials;

2. Apply to the bank and prepare the relevant information, the customer can go to the bank or the bank's entrusted After the law firm submits relevant information to the bank and the client pays various fees, the client needs to sign a loan contract with the bank and use it as a legal document binding both parties;

3. Before the bank makes a loan Approval, if it is a home purchase loan, the law firm entrusted by the bank will first conduct a preliminary review of the customer's application. If it is qualified, the bank will conduct the final loan approval; if the review is unqualified, the bank will return the customer's relevant information and explain the situation to the customer. ;

4. Go through other legal procedures. In addition to the contract, the customer also needs to go through some legal procedures. If it is a mortgage loan customer, the customer also needs to go to the relevant department to register and file the mortgage for future inquiries;

5. Bank lending, after the customer's relevant procedures are completed, the bank will Assessment of borrowers, loan approval or submission to superiors for approval.