How to mortgage real estate loans
If you apply for a mortgage loan from the bank to which the mortgage loan belongs, you can do it without a real estate license. To apply for a mortgage loan other than a housing loan from a bank, you need a real estate license to handle it.
1. The first step in handling real estate mortgage loan is to choose a good lending institution. Although the bank loan interest rate is low, safe and reliable, its approval speed and loan requirements have always been a problem.
2. After selecting an institution, you can submit the materials required to apply for the institution. Valid identity documents, household registration books and marriage certificates of the borrower and his spouse; Personal income certificate; Certificate or statement of loan use; Proof of ownership of mortgaged property; Other documents or materials required by the lending institution.
3. Preliminary review. There are basically no buyers at this stage. The loan will conduct a preliminary review of the basic materials we submitted before, and the review meets their requirements.
4. Generally, lending institutions, especially banks, have to go to designated or recognized appraisal institutions for appraisal, and appraisal fees will be charged at the time of appraisal, which is generally about three thousandths to five thousandths.
5. The lending institution will review it again according to the materials and evaluation report submitted before, and will communicate with you the loan amount, interest rate, term and repayment method if it passes the review. After communication, you can sign the contract.
What should be paid attention to in mortgage of real estate loan?
1, whether your credit history is good; The biggest difference between mortgage loan and other loans is that when the borrower fails to repay the loan for a long time and has to do it, the bank will auction the mortgaged house to make up for the economic losses. Therefore, when banks approve mortgage loans, they will pay special attention to the credit records of borrowers and generally choose borrowers with good reputation to cooperate. If you have overdue users for more than three times in a row in two years, or accumulated overdue users for more than six times, then it is estimated that it is difficult for you to apply.
2. Can I mortgage my property in someone else's name? In addition to the property in my name, the property provided by the borrower in the name of others can also be recognized by the bank. However, in order to avoid legal disputes, it is necessary to obtain the consent of the owner of the house when mortgaging the property under the name of others, and at the same time issue relevant application materials for agreeing to mortgage, so that the bank can have no doubt about this. If you take your house to the bank for mortgage without the owner's consent, the bank will reject your application.
About how to mortgage real estate loans and what should be paid attention to in mortgage real estate loans, the above words have been introduced to you. Mortgage loan is a quick way to obtain funds, but the property must meet the relevant conditions before applying. In addition, mortgage real estate loans will also have certain risks. You should fully grasp these risks before deciding whether to borrow in this way. The above text is more detailed.