What is the process of mortgage loan?
1. Submit relevant commercial housing information.
Before the borrower applies for a loan, please find out whether the purchased building has a letter of commitment from the bank to provide personal housing mortgage loans. Then, the borrower applies for personal housing mortgage loan, fills in the loan application approval form, and submits relevant materials of commercial housing (original and photocopy of down payment voucher, sales contract, ID card, proof of economic income source, etc.). ) Real estate mortgage loan process to the lending bank.
2. Signature of the commercial housing developer.
As a loan guarantor, sign and seal the real estate mortgage loan process on the "Guarantor's Opinions" column of the loan application approval form.
3, the loan bank for approval.
The loan officer examines all the materials and documents submitted by the loan applicant and approves the real estate mortgage loan process step by step.
4. Issue loans.
The lending bank receives the complete materials and issues loans according to the legally effective loan contract.
5. Register at the notary office.
The Property Right Registration and Notarization Section of Land and Resources Bureau handles the process of real estate mortgage loan. Before the borrower handles the loan, please find out whether the purchased commercial house building has a letter of commitment issued by the bank to provide personal housing mortgage loan. Then, the borrower applies for personal housing mortgage loan, fills in the loan application approval form, and submits relevant materials (down payment voucher, sales contract, ID card, original and copy of proof of economic income source) to the real estate mortgage loan process of the loan bank.
6. Notify the commercial housing developer to reclaim the loan contract, and the developer will issue a certificate of payment to the loan bank to notify the borrower to reclaim the loan contract, receipt and insurance policy.
7. The loan officer of the loan bank files the commercial housing loan.
How long does it take to get a house loan?
1. If you need to apply for a mortgage to buy a new house, and the property has been pre-sale certificate, as long as you apply to the bank, the bank will check your credit record with the People's Bank of China. If there is no problem, we will reply to your personal loan application within 3 days, and ask you to submit a copy of your license, income certificate, down payment documents and other related documents, and sign relevant bank documents and loan contracts.
2. After collecting all the information, the bank conducts internal examination and approval, and then goes to the housing management transaction to go through the mortgage registration formalities, which takes about 10 working days. After the transaction is issued with other warrants (real estate registration certificate is issued by the city where real estate registration is implemented), the bank will lend money within 3 working days.
3. If you apply for a commercial loan to buy a house, it usually takes about two weeks from the time the lender submits the information to the time of lending. If it is a provident fund loan, the processing progress will be slower, and it may take 1-2 months or even longer, because it involves many institutions such as provident fund and banks.