Conditions for handling commercial loans
1, the borrower has a stable occupation and income, good credit and the ability to repay the principal and interest of the loan;
2. The purchased house is located in a town (including urban area, county town and big market town), and in principle it is the borrower's current residence or place of work and business;
3. Has signed a commercial housing sales contract with the developer, and paid the down payment ratio stipulated by the bank according to the personal credit situation, with a minimum of more than 30%;
4. The loan amount is determined according to the borrower's credit status, occupation, education level, repayment ability and the liquidity of the purchased house.
5. Agree to go through the mortgage registration of pre-purchased commercial housing first, and promise to use the purchased house as loan mortgage and go through the mortgage registration formalities again after the purchased house is completed and the real estate license is obtained.
Handling commercial loan process
1. Select a loan bank: according to the loan interest rate, discount, repayment method and other factors, combined with your own capital situation, choose the most suitable bank.
2. Apply for a loan: apply for a loan from a bank and submit the above information.
3. Real estate appraisal: The bank appoints an appraisal agency to appraise the house, and the appraisal agency issues an appraisal report after on-the-spot appraisal.
4. Bank approval: Bank staff will review the loan information and verify the authenticity of the information.
5. Signing a loan contract: The seller assists the buyer to sign a loan contract with the bank.
6. Handling mortgage registration: The buyer and the seller shall handle mortgage registration at the real estate trading center.
7. Bank Lending: The bank lends money to the account agreed in the contract within the agreed time limit.