With the development of housing finance business, more and more citizens have realized their housing dreams through mortgage loans, and improved the quality of life of themselves and their families. However, when borrowers apply for bank loans, bank experts find that many borrowers often ignore some problems and links that should be paid attention to. Here, experts introduce the matters needing attention when handling loans to readers:

First, apply for a loan amount according to your ability.

When applying for personal housing loans, borrowers should make correct judgments on their current economic strength and repayment ability, and at the same time make correct and objective predictions on their future income and expenditure.

Second, choose a good loan bank for mortgage.

For borrowers, they can choose their own loan banks to buy existing houses or second-hand houses. The more services provided by mortgage banks, the more detailed they are. You will get flexible and diverse personal financial services, as well as a rich service and product portfolio. From the perspective of citizens, there is no doubt that the more choices citizens have, the better.

Third, choose the repayment method that suits you best.

At present, there are basically two ways to repay personal housing loans: one is equal repayment, and the other is equal principal repayment. The advantage of equal repayment method is that the borrower can accurately grasp the monthly repayment amount and arrange the family's income and expenditure in a planned way. Average capital's repayment method is more suitable for individuals who have strong repayment ability at the initial stage of repayment and want to pay a large amount at the initial stage of repayment to reduce interest expenses.

Fourth, the information provided to the bank should be true.

To apply for commercial personal housing loans, banks generally require borrowers to provide proof of economic income. For individuals, the true personal occupation, position and recent economic income should be provided. Because if your income doesn't reach a certain level and you don't have enough ability to repay the loan, but you exaggerate your income level, you may default at the initial stage of repayment, and it is confirmed by the bank investigation that you have provided false certificates, which will greatly reduce the bank's trust in you and thus affect your loan application.

5. Provide my address accurately and promptly.

If the address provided by the borrower to the bank is accurate, the bank can contact it conveniently and receive the repayment notice from the bank on time every month. When the People's Bank of China adjusts the loan interest rate, you can receive the interest rate adjustment notice from the bank at the beginning of the year. In addition, it is especially important to remind borrowers that when you move to a new house, you must inform the loan bank of your new contact address and contact information in time.

6. Repay on time every month to avoid penalty interest.

For borrowers, before the agreed repayment date every month, they should pay attention to whether there are enough funds in their repayment accounts to avoid being punished by the bank for their negligence, and never lose money because of their negligence, and at the same time leave a bad credit record in the bank.

Pay attention, too

First, don't use the provident fund before applying for a loan.

If the borrower takes the balance of the provident fund to pay the house payment before the loan, the balance of the provident fund in your provident fund account will be zero, and your provident fund loan amount will be zero, which means you will not apply for a provident fund loan.

2. Don't repay the loan in advance in the first year.

According to the relevant provisions of provident fund loans, the prepayment should be made after 1 year, and the amount you return should exceed the repayment amount of 6 months.

Don't forget to find the bank around you if you have difficulty in repaying the loan.

During the loan period, you can apply to the bank to extend the loan period when your solvency declines and it is difficult to repay the loan. After investigation by the bank, the situation is true and you have not defaulted on the loan principal and interest. The bank will accept your application for extending the loan term.

Fourth, don't forget to inform the rental obligation after the loan.

When renting a mortgaged house during the loan period, the lessee must be informed of the mortgage facts in writing.

Don't forget to cancel the mortgage after the loan is paid off.

When you have paid off all the principal and interest of the loan, you can go to the district/county real estate trading center where the property is located to cancel the mortgage with the bank's loan settlement certificate and other rights certificate of the mortgaged property.

Six, don't lose the loan contract and IOUs.

When applying for a mortgage loan, the loan contract and the receipt signed by the bank with you are all important legal documents. As the loan term can be up to 30 years, as a borrower, you should take good care of your contracts and IOUs, and read the terms of the contracts carefully to understand your rights and obligations.

Frequently asked questions about house purchase insurance

Why buy housing loan insurance?

Most banks have "mandatory" regulations for property buyers to borrow money to buy a house, and they must also buy "personal mortgage loan home insurance".

Housing insurance includes housing property insurance and personal mortgage insurance. This kind of insurance exists because both banks and borrowers are seeking protection, because personal loan business is often long and may be variable. The bank hopes that the borrower can guarantee to repay the loan when he is unable to repay the loan, and the borrower hopes that this guarantee will enable him to keep the property; However, this kind of guarantee cannot be solved by both parties, so housing loan insurance is introduced: insurance premium = insurance amount (that is, total house price) × insurance rate × insurance period. It enables the bank to be paid as the beneficiary of the insurance contract when there is a risk of repayment, and the guarantor can also keep the property after the accident.

Housing insurance mainly includes personal mortgage housing insurance, family property insurance and personal mortgage guarantee insurance. The coverage of family property insurance includes houses and their ancillary equipment, clothes, bedding, furniture, gas appliance, kitchen utensils, musical instruments, sports equipment and household appliances; Additional risks include theft, robbery, gold and silver jewelry, banknotes, bond insurance and third party liability insurance. The insurance amount of individual housing mortgage insurance is calculated in years, the insurance rate is higher than that of mortgage insurance, and the insurance period is no more than 20 years. Because this kind of insurance is similar to life insurance, it is aimed at the personal accident and other accidents of the insured, and the insurance company bears greater risks and its insurance liability is also formulated more strictly.

Several existing forms of housing insurance in China

1, property insurance.

At present, many cities require borrowers to carry out property insurance for mortgaged properties when developing individual housing loans. Property insurance only compensates the value of mortgaged property in case of fire and other accidents to ensure the realization of mortgage.

2. Comprehensive insurance

Taking Suzhou and Beijing as representatives, from 65438 to 0993, in order to cooperate with the development of low-interest loans for employees to buy houses and build houses, reduce loan risks and ensure the safety of loan funds, China People's Insurance Company Suzhou Branch carried out comprehensive insurance, and the comprehensive insurance liability includes three contents:

First, the borrower mortgages property insurance;

Two, the borrower lost part or all of the repayment ability due to accidents or illness;

3. Loss of loan principal and interest caused by the borrower's failure to repay the loan for other reasons or intentional breach of contract.

The insurance period is from the date of obtaining the loan to the date when the loan is fully paid off. During the insurance period, the insurance company shall be responsible for the compensation for the loss of loan principal and interest caused by the above reasons. Different from property insurance, comprehensive insurance not only includes property insurance, but also comprehensively covers the borrower's personal and credit, thus ensuring the lender's financial security.

The mortgage insurance for buying a house in Beijing is the same as Suzhou Comprehensive Insurance in terms of property insurance and personal accident insurance. The third insurance liability is that if the borrower's unit closes down, is cancelled, is part-time, unemployed or loses income due to social reasons such as policy layoffs, the insurance company is responsible for repaying the loan principal and interest for 24 months.

3. Credit insurance.

At present, Chengdu, Shanghai and other cities are exploring the form of providing credit guarantee for borrowers by qualified social intermediary service agencies, namely housing home purchase guarantee companies. Individuals apply for loans from banks to buy houses, and housing property guarantee companies provide professional guarantees for individuals. When the borrower fails to repay the loan according to the loan contract, the house property guarantee company shall bear joint liability and be responsible for repaying the loan. When a real estate guarantee company provides a guarantee for an individual, it shall also require the warrantee to provide a counter-guarantee to the real estate guarantee company in the form of mortgage of the self-built house it has purchased. Housing property guarantee companies shall be jointly and severally liable for repayment of loans, exercise mortgage rights and dispose of collateral according to law; And be responsible for moving the mortgagor out of the mortgaged house and properly resettling the mortgagor. What needs to be put forward is that, unlike general insurance, housing home purchase guarantee companies have the right to dispose of collateral and obtain compensation.

Main contents of real estate insurance contract

(1) the name and domicile of the insurer. (2) Names and domiciles of the applicant and the insured, and names and domiciles of beneficiaries of life insurance. ③ the subject matter of insurance. (4) Insurance liability and compensation liability are eliminated. ⑤ Insurance period and start time of insurance liability. ⑥ Insured value and insured amount. ⑦ Insurance premium and payment method. (8) Measures for compensation or payment of insurance benefits. Pet-name ruby liability for breach of contract and objection handling. Attending the date when the insurance contract is concluded.

How to calculate the insurance premium of existing houses and faster houses in home insurance?

Total insurance premium = insurance amount × annual insurance rate × payment coefficient

In which: the insured amount is the total purchase price; The basic insurance rate is 0.8‰, and the earthquake additional insurance rate is 0.2 ‰; The contribution coefficient is determined according to different loan years, which is actually a discount coefficient.

How to calculate the premium paid in advance?

At present, many mortgage buyers buy faster houses, which often take months or a year to move in, so we charge insurance premiums from the day we move in to the day when the loan ends. In addition, because the insurance premium is paid in advance when the loan is issued, there is still a period of time before the insurance takes effect, that is, before moving in, we will also deduct the interest generated during this period (the one-year time deposit interest rate is calculated according to the deposit interest rate for more than one year, and the one-year time deposit interest rate is calculated according to the deposit interest rate for less than one year), that is to say, the purchaser will not lose any interest because the insurance premium is paid in advance on the loan issuance date.

How do individuals buy insurance?

There is no compulsory insurance when individuals buy houses, but when individuals apply for housing reserve loans and commercial personal housing guarantee loans, the lending bank requires borrowers to insure the specified types of insurance as loan conditions. The types of insurance designated by banks are mainly housing mortgage loans, and other types of insurance involved include loan guarantee insurance and life insurance.

Housing insurance belongs to property insurance and is related to mortgage. The difference between this kind of insurance and family property insurance is that its subject matter refers to the housing purchased with loans, excluding indoor property such as decoration outside the housing. Insuring mortgage housing insurance is good for both banks and individuals. The bank requires the applicant for a house loan to apply for this insurance because the house has been mortgaged at the time of the loan. The security of mortgage is related to the effectiveness of mortgage behavior, and the risks brought by natural disasters can be passed on by participating in insurance. For individuals, housing is of high value, and ordinary families need to accumulate it for a long time before they can buy it. The family economy can't afford an unexpected disaster, that is, whether the loan is paid off or not, it is necessary to insure the house.

When the bank thinks that there is a big risk in the repayment of personal house purchase loan, it requires the borrower to take out guarantee insurance, and the insurer who takes out the insurance requires that the house purchased be used as loan collateral. This insurance is mainly to protect the interests of lending banks. When the borrower fails to repay the principal and interest in accordance with the contract for three consecutive months, the insurance company will compensate the borrower first so that the bank can recover the loan and interest in time, and then the insurance company will recover the arrears and interest paid by the borrower. If the borrower is unable to repay the debt, the insurance company has the right to dispose of the mortgaged house.

Because the house purchase loan must be insured, the bank requires that the insurance formalities be completed before the loan is issued. The general procedure is that after signing a contract with an individual to purchase a house loan, mortgage, etc., the bank handles notarization and insurance, then handles mortgage registration, and finally handles loans.

How to sign the real estate insurance contract?

The insured shall sign an insurance contract with the insurer when handling real estate insurance. The specific procedure is:

First, fill out the insurance policy. The contents of the insurance policy include: the name of the applicant, the date of insurance, and the name of the insured or beneficiary. The name and quantity of the subject matter insured, the starting and ending time of the insurance liability, the insured value and the insured amount, etc. An insurance policy is a document that the applicant applies to the insurance company as the basis for underwriting.

Second, issue an insurance policy. After receiving the insured's application for insurance, the insurer shall examine the contents of the application one by one and conduct on-the-spot investigation, and issue an insurance policy after confirming that it meets the insurance conditions.

Third, collect insurance premiums. The applicant shall pay the insurance premium to the insurer on schedule according to the agreed insurance amount, insurance period and insurance premium rate. Real estate insurance contracts can also be entrusted by both parties, such as mortgage real estate insurance can be entrusted to banks.

What is housing insurance? What are the benefits of home insurance to homeowners?

Generally speaking, in housing production. In the process of circulation and consumption, risk accidents may cause damage to houses and bring economic and living difficulties to tenants. In order to eliminate the possible adverse effects, the renter can reach an agreement with the insurance company, and the insured can get the guarantee that the insurance company will give some economic compensation for the unexpected losses of the house by paying a certain fee. This kind of insurance with housing and its related interests as the subject matter of insurance is called housing insurance.

So, what benefits does home insurance have for homeowners? Housing insurance plays a very important role in production, enterprise management and individual residents. Mainly manifested in:

First, home insurance can guarantee that residents can get certain economic compensation when their houses suffer losses due to natural disasters and accidents, and provide protection for their daily life.

Second, housing insurance can safeguard the interests of real estate operators. Real estate operators aim at collecting rent. After the accident, the house was damaged and the rent was interrupted because of the accident. If home insurance is insured, the interests of operators in this respect can be guaranteed.

Third, housing insurance can increase the credit of the insured. Insurance has the functions of improving credit and promoting financial intermediation. For example, when applying for bank loans with housing as collateral, banks often require applicants to insure their housing to increase the value of the housing, so housing insurance helps to improve the credit of housing owners.

How to insure the house?

When people buy a house with their half-life or even life savings and make great efforts to decorate it, how can they recover the losses once this huge property encounters natural and man-made disasters? According to statistics, at present, more than 60% people do not know how to insure housing and are not familiar with the types of housing insurance; Only about 20% people take the initiative to insure themselves. Therefore, it is very important to know home insurance and choose relevant insurance.

First, if you buy a house by loan, you can insure the urban residents' loan insurance. The insurance liability of this type of insurance is the damage to the insured house caused by fire, explosion, storm, rainstorm, flood, tornado and falling objects in the air. The guarantee period is from 0: 00 the next day to the date when the loan is paid off. According to the premium rate and the insured amount, the annual premium rate is 1‰. The insurance amount is determined according to the actual value of the house purchase contract. In addition, the housing insurance currently provided by insurance companies also includes housing mortgage guarantee insurance and house purchase loan term life insurance. Because the housing insurance has not been established for a long time, mortgage guarantee insurance is still in the stage of suspension in some cities, but as an applicant, you can also choose other loan housing insurance.

Second, if you have already bought a house, you can choose to insure urban residents' family property insurance. This type of insurance lists the house and interior decoration property as special underwriting property, which can cover ordinary insurance and long-term insurance. You can also choose urban housing quota insurance. The insurance responsibilities of this type of insurance are: first, fire and explosion; Second, the collapse of insurance houses caused by storms, rainstorms, thunder and lightning, floods, tsunamis and tornadoes, and cracks inside and outside the same wall;

Three, in order to prevent the spread of disasters, reduce the loss of insured property and take the necessary measures to cause material losses. The insurance period is chosen by the insured. The general insurance period is one year and the long-term insurance period is five years. After the maturity, all savings will be returned. This type of insurance is 20,000 yuan each, which can be combined with multiple purchases to calculate the insured amount. When signing the insurance policy, the name of the insured and the address of the insured property must be clearly written. If the number of insured property increases or decreases, the address changes or the insured changes, the insurance company shall be notified in time to handle the correction procedures. In the event of a disaster, you should try your best to rescue and protect the scene and notify the insurance company within 24 hours. When applying for compensation, the insurance policy, loss list and relevant certificates shall be provided.

How to deal with the insurance at home in the case of prepayment?

If the purchaser repays the principal and interest of the bank loan in advance, he can choose the following two ways to deal with the unexpired home insurance contract:

1. Change the beneficiary from the original loan bank to the purchaser himself, and the insurance contract will remain valid;

2. In case of surrender, 75% of the unexpired premium will be refunded, and the insurance liability will be terminated.

Who is the recipient of compensation in family insurance?

During the loan period, because the mortgagee of the house is the loan bank, the first beneficiary of home insurance is the bank. When making compensation, the insurance company should first pay the loan principal and interest and related expenses owed by the loan purchaser to the loan bank, and then pay the rest of the compensation to the purchaser, who is actually the second indemnity recipient, that is, the second beneficiary. With the increase of the repayment ratio of loan buyers, the degree of benefit will also increase.

How to determine the insurance amount of real estate insurance?

According to the provisions of China's property insurance system, according to whether the house belongs to an enterprise or a family, it will be different to determine the insurance amount of the house property.

There are three ways to determine the amount of enterprise real estate insurance:

(1) The insured amount is determined according to the original book value. The original book value refers to the total amount of funds spent on building or buying real estate. Book insurance is an inadequate insurance.

(2) Determine the insured amount by adding the original book value. The addition of the original book value is to add a percentage to the original book value of the real estate to make it close to the replacement and reconstruction value under the condition of consensus between the insurer and the insured. This kind of insurance is full insurance (that is, the insured amount is equivalent to the actual value of the property).

(3) Insure according to the replacement and reconstruction cost, that is, the replacement and reconstruction cost is all the expenses to be paid for re-purchasing or rebuilding the house.

Since there is no account book for family property, the insured amount of the family house is determined by the insured according to the actual value.