202 1 how long does it take to approve the second-hand housing loan?
The speed of bank approval is 5- 10 working days, because approval is not every day, but 2-3 times a week. After that, it's time to transfer the membership fee. The transfer here takes 15 working days, so the general loan takes 1-2 months to complete, and it takes three weeks to complete quickly.
Step 1: Find the house you want to buy. The house must have clear property rights and have the conditions stipulated by the municipal government to enter the secondary real estate market.
Step 2: Select a real estate transaction institution designated by the bank that can handle mortgage loan business, and complete the real estate value appraisal in this institution and pay the real estate appraisal fee.
Step 3: Relevant information that buyers and sellers need to provide.
The materials that the buyer (lender) must provide include: household registration book, ID card, education certificate, proof of marital status, purchase agreement signed by the buyer and the seller, proof of husband and wife's income (unit income certificate), other property certificates including deposit certificate, securities, etc. can be provided selectively, and two recent photos of husband and wife are one inch. The more comprehensive the above certification materials, the higher the score of the bank in the loan evaluation, and the better the conditions for the lender to enjoy the loan amount and time.
The information provided by the seller includes: ID card, household registration book, proof of marital status, proof that both husband and wife agree to sell, proof of property right of the house sold, and proof of approval for listing.
Step 4: Fill in the second-hand house mortgage application form at the law firm designated by the bank, and the lawyer will submit all the supporting documents to the bank for loan approval, and pay the lawyer's fee of 4‰ of the purchased house.
Step 5: The bank will complete the loan approval within 15 working days. Agree to lend, issue a loan commitment letter. Step 6: The buyer and the seller shall go through the formalities for the transfer of house property rights at the real estate transaction management department of the district/county real estate bureau where the house is located.
Step 7: After receiving the sales contract, send it to the bank, and the bank will transfer the money.
Step 8: Go to the real estate bureau to handle mortgage registration, insurance and other procedures, and the borrower will repay the interest on a monthly basis. After the loan principal and interest are settled, the mortgage registration is cancelled and the contract is terminated.
202 1 year new regulations on second-hand housing transactions
If the second-hand house under the applicant's name has been mortgaged to the bank, then the applicant can no longer apply for a second-hand mortgage. Only after the mortgaged house is released can he go to the bank to apply for a second-hand mortgage normally.
According to relevant regulations, the age of second-hand houses cannot exceed 12 years, and the sum of the service life and loan life of second-hand houses cannot exceed 30 years. If the applicant's second-hand house is older, it is also impossible to apply for a second-hand mortgage.
If the second-hand house under the applicant's name is undervalued and cannot meet the loan quota demand, the bank will not approve it. After all, banks are profit-making institutions and need to rely on loans to make money. If the lender is unable to repay the loan, the bank can auction the house to recover the loan. If the value of the house itself is not high, then the bank will not do business at a loss.
On the other hand, if the applicant's second-hand house is affordable and the purchase time is less than 5 years, the bank will generally not approve the second-hand mortgage.
In the last case, it is also impossible to apply for a second-hand mortgage, that is, the second-hand house under the applicant's name is a special second-hand house such as a military house and a small property house. Such a house is not allowed to be listed and traded, and of course you can't apply for a bank mortgage.
The above is the related content of "How long can the second-hand housing loan be approved 202 1" compiled by Bian Xiao.