There are too many lending institutions and banks that handle real estate mortgage loans, which one to choose has become a headache for many customers, because we have to consider security, interest rate, quota and loans, and the choice is very important. The speed difference between different banks and institutions may be about 1 month. So, which bank is good for mortgage loan? Which bank has the lowest mortgage interest rate?

Comparative application conditions

Different banks have different conditions to apply for real estate mortgage loans, such as credit status, personal income, work unit, repayment ability and so on. Applying for real estate mortgage loan in a loan company mainly depends on whether the real estate value is high or not and whether it has liquidity. Credit status is good or bad. Borrowers in debt can generally borrow from banks or loan companies as long as they can provide qualified real estate as collateral.

Comparative loan interest rate

Compared with credit loans, the risk of real estate mortgage loans is lower, because there is real estate as a guarantee for bank loans. However, at present, the interest rates of mortgage products of various banks are different, and the loan interest rates of the same bank in different regions will be different.

At present, the mortgage interest rates of banks are all floating on the basis of the benchmark interest rate. The benchmark annual interest rate of 20 17 years is within one year (including one year), the benchmark interest rate is 4.35%, the benchmark interest rate for one year to five years (including five years) is 4.75%, and the benchmark interest rate for more than five years is 4.90%. You can refer to it

Compare approval speed

There are many procedures in the real estate mortgage bank, and the approval time will be longer. It takes about 20 working days at the earliest to get the loan. The loan company has simple procedures and quick approval, and it usually takes 10 working days to get the loan.

Compare loan amount

Generally speaking, the amount of mortgage bank loan is related to the appraised value of the house, and the maximum is about 70%.

Generally speaking, bank loans are not so easy to apply for, and the failure of application will also affect the credit record. In order to get lower financing cost and handle large bank loans conveniently and quickly, we usually go to professional institutions, such as Su Fang. With their professional industry knowledge, they can help customers solve intractable diseases in the financing process and choose the most suitable financing scheme from thousands of banks. Housing loan financing consultation hotline: 0769-3388836