Yes.

The process of applying for a mortgage car loan:

1. Select a car at a bank’s authorized dealer and sign a car purchase agreement or contract;

2. The borrower applies to Apply for a personal car mortgage loan from a lending bank;

3. Sign a contract after investigation and approval;

4. Handle car notarization, mortgage and other procedures;

5. The bank lends money;

6. After the loan is paid off, the pledge certificate is canceled and returned to the customer.