What information do I need to apply for mortgage prepayment?
(1) Borrower's ID card: copy+original.
(2) Loan contract at the time of house purchase: copy+original;
(3) a bank card with sufficient balance to repay the mortgage;
(4) make an appointment at the bank. After the general application is passed, the money will be deducted in the current month.
What are the precautions for prepayment of mortgage?
(1) Make an appointment in advance, and with the consent of the bank, you can apply in writing to repay part or all of the loan in advance during the loan period and within one year after the loan is issued;
(2) The loan documents should be prepared, and the ID card and loan contract should be brought to the bank for approval.
(3) Pay attention to the calculation of interest rate after interest rate reduction, and try to repay the loan in advance before the new interest takes effect at the end of the year;
(4) Don't forget to surrender and release the mortgage, and carry the property certificate, settlement certificate and other rights certificates mortgaged in the bank to understand the mortgage situation.
(5) Prepayment is not allowed in the first year. According to the relevant provisions of provident fund loans, after 1 year repayment, part of the repayment should be made in advance, and the repayment amount should exceed the repayment amount of 6 months. Another point is that the loan contract stipulates that those who repay the loan in advance shall not be overdue. If it is overdue, you should pay off the arrears first and then apply for early repayment.
Here is a brief introduction to some related knowledge of repaying loans in advance. Although prepayment can save some interest, we clearly know how to prepay is the most cost-effective. If you want to know more about this, remember to pay attention to this website.