Terms of mortgage loan
1. The actual age of the loan maturity date is generally not more than 65 years old;
2. Have a proper occupation and a stable source of income, and have the ability to repay the loan principal and interest on schedule;
3. Real estate * * * is recognized for its loan and guarantee behavior;
4. The property right of the mortgaged house should be clear;
5. Mortgaged houses have real estate licenses and land certificates issued by real estate departments and land management departments;
6. The owner of the collateral can be the borrower himself or others.
Housing mortgage loan procedure
1. First of all, the loan applicant needs to apply for a mortgage loan from the relevant registration department of the bank and submit relevant supporting materials, such as identity documents, household registration books, residence certificates, marriage certificates, etc.
2. The relevant housing appraisal department will evaluate the housing to determine the credible loan amount. At that time, the loan applicant is required to provide real estate license and relevant assets status certificate. If the mortgage loan applicant uses other people's property as collateral, it is necessary to provide the property owner's ID card, proof of marital status and written proof of consent to mortgage.
3. After evaluating the house, if it meets the relevant regulations and requirements, the bank will sign a mortgage contract with the loan applicant and go through the mortgage registration procedures.
4. After the mortgage registration formalities are completed, the bank will officially issue loans, and the mortgage lender will repay the loan principal and interest on a regular basis according to the mortgage contract.