How to borrow a bank loan?
1. Prepare relevant procedures: The procedures to be submitted for general loans mainly include: loan application, customer ID card, household registration book, income certificate, marital status certificate and other materials (for customers with spouses, spouse ID card and household registration book are also required). Customers with mortgage loans need to provide property certificates of collateral; If you are a customer with unsecured loans, you need to provide a good credit record.
2. Apply to the bank: After the customer prepares the relevant materials, he can go to the bank or the law firm entrusted by the bank, submit the relevant materials to the bank and pay various fees, and then the customer needs to sign a loan contract with the bank as a legal document binding both parties.
3. Approval before bank lending: If it is a house purchase loan, the law firm entrusted by the bank will first conduct a preliminary examination of the customer's application, and if it is qualified, the bank will conduct the final loan approval; If the audit fails, the bank will return the relevant information of the customer and explain the situation to the customer.
4. Bank Lending: After the customer's relevant procedures are completed, the bank will approve the loan or report it to the superior for approval according to the assessment of the borrower. Then, the staff will inform the customer of the loan amount, loan term, loan interest rate and other related details, and issue a loan instruction to transfer the loan project to the customer's account.
How much can a bank loan borrow to buy a house?
If the personal loan amount is sufficient, the mortgage loan amount is 70% of the appraisal price. (The specific amount varies from bank to bank. If the loan amount is not enough for housing loan, the loan amount shall prevail. The loan amount depends on the following factors:
1. Due to the influence of the down payment ratio of loans, the amount applied for bank loans usually cannot exceed the difference between the total house price minus the down payment. The down payment ratio will be adjusted according to the property market. Restricted cities and non-restricted cities will be different, and different banks in the same area may be different. It is recommended that buyers fully understand the bank mortgage policy of the place where they buy the house and choose a suitable bank to apply for a loan.
2. The repayment ability mainly refers to the monthly income of the lender, because the monthly income directly reflects the repayment ability of the borrower. The relationship between loan amount and monthly income can refer to the following formula: monthly income ≥ monthly mortgage repayment X2.
3. When the bank issues loans, it will review the age of the loan house. Usually the requirement is 20-25 years, 30 years for a looser house and 15 or 10 years for a stricter house. The loan amount of second-hand houses with older houses may be reduced. Under strict bank conditions, the loan will be refused. It can be said that the shorter the house age, the easier it is to get a loan, and the loan amount is higher than that of an older house.
4. Personal credit information can be said to be one of the important criteria for banks to consider borrowers. Good credit information is a prerequisite for obtaining preferential interest rates and loans. Some banks will look at the credit card credit records of borrowers within two years and the loan credit records within five years. Some banks will look at the credit records for a longer period of time, and the requirements are different. Serious overdue credit reports for three consecutive times and six times in total may lead to loan rejection.