Detailed process of housing mortgage loan:
1. Apply for a loan
The purpose, amount and duration of the borrower's application for a loan from a financial institution. If the loan application meets the loan scope of this financial institution, then you need to prepare the corresponding information.
2. Submit loan information
Submit application materials, including but not limited to the following contents (depending on the specific provisions of each bank's products): borrower's ID card, running water in the past six months, work certificate, credit report, real estate license, etc.
If an enterprise needs to mortgage real estate, the materials it needs to provide include: three certificates, account opening permit, articles of association, enterprise capital verification report, purchase and sale contract, running water of the last six months, financial statements of last year and the last six months, and asset certificates (different materials will be provided according to different banks).
This link is a very important link in the process of real estate mortgage loan, because many customers are in urgent need of money when lending. If these materials can be prepared in advance, it will save a lot of trouble.
3. House evaluation
After the materials are submitted completely, the bank will conduct on-the-spot investigation and evaluation according to the mortgaged house. Each link is an important link in the process of real estate mortgage loan, which directly determines the amount of your mortgage loan. Generally speaking, there will be some discrepancy between this assessment and the market price, because the assessment agency will consider multiple factors.
Step 4 apply for a loan
The housing appraisal company submits the appraisal report or appraisal opinion to the bank for approval.
5. Sign a loan contract
The borrower and the lending institution shall sign and seal the loan contract and all relevant documents, which shall be notarized by a notary.
6. Mortgage registration procedures
The bank shall go through the mortgage registration formalities at the real estate office with the house ownership certificate and notarized loan contract.
7. Bank loans
Due to the different regulations of banks, loans will be made to the accounts of cooperative merchants in the form of cash, punch card or remittance.
8. Repay on time
This point can not be ignored, it is an important link to establish a good credit, and if it is repaid in full and on time, it will play a positive role in promoting the borrower to borrow again and find a job in the future.
9. After the loan is settled, go through the mortgage registration cancellation procedures.
Note: After the loan is settled, the mortgage cancellation formalities shall be handled at the Real Estate Bureau.
Can rural real estate be used for mortgage loan? Generally speaking, it can be mortgaged. Self-built houses in rural areas can generally be mortgaged with complete procedures. The most important procedure here is the property right certificate of the house. At present, there are some self-built houses in rural areas in China, with only land use certificates and no housing property certificates. It is impossible to apply for a loan in this situation. In addition, whether rural self-built houses can be mortgaged depends on the actual situation. Such as the service life of the house, the geographical location of the new house, the realized value, etc. If the house has a long life or a poor location and the realized value is low, even if the procedures are complete, it cannot be used as a mortgage to obtain a loan.
Can off-site real estate be used to apply for real estate mortgage loan?
Have a legal status;
Have a stable economic income, have the ability to repay the loan principal and interest, and have no bad credit record;
There is a legal and effective purchase contract;
If the newly purchased house is used as the maximum mortgage, it must have a legal and effective purchase contract, the age of the house is within 10 years, and the down payment of not less than 30% of the total price of the purchased house has been prepared or paid;
If the mortgage loan has been purchased, the original mortgage loan has been repaid for more than one year, the loan balance is less than 60% of the value of the mortgaged house, and the mortgaged house has obtained the property ownership certificate, and the age of the house is within 10 year;
Being able to provide effective guarantee recognized by the loan bank;
Other conditions stipulated by the lending bank.
Can the house ownership certificate of the demolished house be used for real estate mortgage loan? 1. Generally speaking, demolition companies will post demolition notices during demolition, some of which will be reported by the media, and banks are also very concerned about the demolition notices. If the bank receives the news of the demolition at the first time, it will contact the borrower, the demolition office and the mortgage registration department to implement the related matters of the demolition of the mortgaged property, and will also register the demolition as the mortgagee.
Second, the mortgagor can't get the compensation for demolition before the mortgage is lifted. In this case, it can be solved in the following ways:
1, repay the loan principal and interest, cancel the mortgage registration, and then handle the relevant demolition registration matters;
2. Replace the mortgaged property with other property recognized by the bank;
3 with the demolition compensation to pay off the loan principal and interest.
Therefore, the borrower must consult in detail in advance before handling the real estate mortgage loan, and then make arrangements for applying for the loan according to his actual situation.
Can foreign real estate be used for mortgage loan? Banks generally do not accept cross-regional real estate mortgage loans. The real estate mortgage business requires the real estate to be a local house.
Previously, from 2006 to 2009, foreign houses could be mortgaged, even a "hot potato" for banks. However, the bank slowly stopped this business. This is because of the high cost and high risk of mortgage loans for foreign houses. It takes a lot of manpower and financial resources to handle real estate mortgage loans in different places, and the staff should go to the local area to inspect the situation of the house; If the borrower fails to repay the loan according to the contract, it will be very troublesome for the bank to handle it.
Although foreign houses cannot be mortgaged, they are not without solutions. If parents or spouses are in the place where the house is located, they can entrust the local bank or lending institution to handle it, but they should provide the entrustment certificate, the house mortgage commitment letter and the relevant information needed by the bank.
Can mortgage be used to buy new property? At present, China Merchants Bank does not accept secondary mortgage, that is, the mortgaged property cannot be used for mortgage loan application again; Specific policies can also contact the personal loan department of local outlets for consultation and confirmation!
If you buy a new house, you need a mortgage.
I built my own house. Can I use the real estate license as a mortgage loan? Yes
Can children use the property in my name as collateral? number
Loan conditions of mortgage loan:
Have a legal status;
Have a stable economic income, have the ability to repay the loan principal and interest, and have no bad credit record;
There is a legal and effective purchase contract;
If the newly purchased house is used as the maximum mortgage, it must have a legal and effective purchase contract, the age of the house is within 10 years, and the down payment of not less than 30% of the total price of the purchased house has been prepared or paid;
If the mortgage loan has been purchased, the original mortgage loan has been repaid for more than one year, the loan balance is less than 60% of the value of the mortgaged house, and the mortgaged house has obtained the property ownership certificate, and the age of the house is within 10 year;
Being able to provide effective guarantee recognized by the loan bank;
Other conditions stipulated by the lending bank.