1. Go directly to the bank. The following conditions must be met:

a. The house needs to meet bank requirements: Under normal circumstances, banks accept properties that are less than 20 years old, have clear property rights, and can be listed for trading.

b. The credit situation is consistent: The account manager of this bank will help you check your credit situation. If the credit is too bad, the bank will not accept it.

c. The homeowner’s repayment ability: It is not enough for you to have collateral, but you must also have the ability to repay the loan. That means having a stable income. For example, if you take a 10-year loan, your monthly repayment will be around 12,000. You must be able to repay the monthly payments and maintain your livelihood.

2. Entrust a guarantee company to handle it. The process and conditions are basically the same as those of banks, except that the procedures are run by the guarantee company. Guarantee companies have long-term cooperation with banks, so they have advantages in interest rates, processing speed, and lending than individuals going to banks. Of course, customers have to bear a certain service fee.

The basic process is as follows: sign a loan contract - evaluate the house - loan approval - mortgage registration with the construction committee - loan

Time: generally takes about 1 month

Conditions for applying for a real estate mortgage loan:

1. The applicant is over 18 years old,

2. Has a stable job and income, and good personal credit;< /p>

3. Other conditions specified by the applying bank.

4. It is generally required that the age of the property cannot be too high (generally few banks will accept properties over 20 years old).

5. It is generally required that the property cannot have a mortgage (or Even if the mortgage loan is not paid off), unless the previous loan can be paid off before the loan is disbursed.

Extended information:

Housing mortgage loan is a loan that a bank legally obtains from the borrower’s real estate, securities and other certificates through certain contracts in order to ensure the safety of the loan. A loan made to a borrower based on a lien or charge on his or her property. This kind of loan is actually a legal transfer of property ownership by the debtor (mortgagor) to the creditor (mortgagee) to obtain a loan. During this period, if the debtor cannot repay the loan principal and interest on time, the creditor has the right to dispose of the mortgaged property and Loans that can be repaid first.

This kind of loan can reduce the creditor's loan risk and provides the most effective guarantee for the creditor to recover the loan. The use of mortgage loans in housing credit is based on the safety, liquidity and profitability of bank operating funds. Since most of the borrowers of this housing loan are individual residents, it is impossible for the bank to clearly understand the borrower's financial strength and creditworthiness, which increases the risk of bank loans, and mortgage loans are precisely when loan risks are relatively high. , providing creditors with an effective guarantee to recover their loans. Therefore, banks mostly use mortgage loans to provide housing loans to individual residents

Reference materials:

Baidu Encyclopedia - Housing Mortgage Loans