How to apply for a renovation loan? Renovation loan application process

Have you heard of renovation loans? In fact, it is not difficult for us to understand that not all home buyers can afford the high prices of rooms on the market now. Many frugal families will always have an economic crisis after purchasing a house, and it is difficult to pay for decoration costs. Decoration loans can solve such problems very well, so how to apply for a decoration loan? Below we will bring you the renovation loan application process for your reference.

How to apply for a renovation loan:

1. Apply for a personal credit loan for renovation

Credit loans are unsecured and unsecured, but currently more than half of the credit loans on the market The product has very high requirements for consumers: either the asset certification threshold is set high, or only people from specific industries, VIP customers, and company executives can apply, and the applicant's job nature, industry, and income status must be strictly examined. Wait for details.

2. Personal consumption loans and decoration loans

The consumer loans here refer to certified mortgage loans, that is, consumer loans that are mortgaged and applied for using real estate. Since many banks carry out this business, consumers have a relatively large range of choices.

3. Credit card home improvement installments

At present, in order to better meet consumers' home improvement installment needs, some banks have launched the credit card home improvement installment business, targeting people living in large and medium-sized cities. People who have just purchased a new home, have no money to renovate it, and have a good credit record. The general limit limit is 100,000-200,000, and the maximum installment limit for individual products is 500,000.

4. Application channels:

The borrower applies for personal decoration loan business through the branch of the bank that provides personal housing decoration loan business.

5. Application process:

① The borrower who applies for a housing decoration loan must apply at the business outlet that offers the business, fill in the application form, submit relevant information, and handle the relevant procedures. Guarantee procedures;

② After the account manager investigates, reviews and agrees, and reports to the department with the authority for approval, sign a loan contract;

③ The account manager handles the loan procedures and transfers the money By depositing the borrower's personal settlement account in our bank, the customer can use the loan funds;

④ The borrower goes to the business counter to repay, or leaves sufficient repayment amount in the deposit account or bank card to entrust the loan The bank withholds the repayment;

⑤After the loan is settled, the bank will terminate the creditor-debt relationship with the customer and go through relevant procedures.

The above is what the editor brings to you. How to apply for a decoration loan? All about the renovation loan application process.