What is the mortgage to buy a house process of the sales department?
1, first go to the bank to learn about the situation. And check the personal credit information to see if it meets the loan conditions. Then accept the bank's review of you and determine the loan amount. Those who meet the loan conditions can sign a house purchase contract with the developer and provide relevant loan materials (husband and wife ID card, marriage certificate, household registration book, income certificate, down payment receipt, proof of no room, etc.). ).
2. Next, sign a loan contract with the bank, and the bank will handle insurance. Handle the registration and notarization of property right mortgage.
3. What is left is the cancellation of registration after the bank issues loans, the borrower repays on a monthly basis and pays off the principal and interest.
Is it cost-effective to buy a house with mortgage loan?
1, then if you don't have rich funds on hand, a loan is a good choice, but it depends on what you bring. Provident funds are more cost-effective, and loans to buy a house are still more cost-effective. Don't buy a house in an overheated business district within your economic capacity, because the space is close to saturation. Looking for urban areas where traffic will develop first in the next three to five years, the interest rate is much higher than putting money in the bank.
2. See what kind of mortgage is more cost-effective. What suits you is better. First of all, the average capital repayment method with relatively high repayment amount in the first month and then decreasing month by month is often called? Declining method? . In fact, the principal is the same every month, but the interest is different, from high to low.
3. Secondly, the equal principal and interest repayment method divides the loan principal and interest into several equal parts according to the loan term, and the repayment amount is the same every month, so this method is often called? Equality law? . The repayment method of average capital seems to have less interest, but it is because of borrowing money that more interest is generated, which is somewhat similar to the down payment above. If there is a better channel, you may wish to use the equal principal and interest repayment method. If there is repayment ability and there is no other channel, average capital repayment method is more suitable.
Summary: So much for the sales department's mortgage to buy a house process. Be sure to follow the process and know which way is more cost-effective. If you want to know more about it, you can pay attention to our Qijia. Com for consultation.