Housing renovation loan application process:

1, customer application. Customers apply to the bank, fill in the application form in writing and submit relevant materials at the same time.

2. Sign the contract. After the application materials submitted by the borrower are approved by the bank, the two parties sign a loan contract and a guarantee contract, and go through the relevant notarization and mortgage registration procedures as appropriate.

3. issue loans. After the bank has approved and completed all the formalities, the bank will issue the loan according to the contract.

4. Repay on schedule. The borrower shall repay the principal and interest of the loan according to the repayment plan and repayment method agreed in the loan contract.

How to handle the decoration loan?

The processing flow of decoration loan is:

(1) First, know in advance whether the bank will make relevant renovation loans;

(2) Apply for a loan from the bank. Borrowers who apply for loans from banks must be at least 18 years old, have full capacity for civil conduct, have legal and valid identity certificates and have good credit;

(3) When applying for a bank loan, proof of financial resources must be submitted, and the applicant's bank account is generally required.

legal ground

Article 25 of the general principles of loans

If the borrower needs a loan, he should apply directly to the host bank or the agent bank of other banks. The borrower shall fill in the loan application, including the loan amount, loan purpose, repayment ability and repayment method, and provide the following information:

1. Basic information of the borrower and guarantor;

Two, the financial department or accounting (audit) firm approved the last year's financial report, as well as the previous financial report to apply for loans;

Three, the original unreasonable occupation of loans to correct the situation;

4. List of collateral and pledge, as well as the certificate that the person who has the right to dispose of the collateral and pledge agrees to guarantee, and the relevant documents that the guarantor agrees to guarantee intention;

Verb (abbreviation of verb) project proposal and feasibility report;

Other relevant information deemed necessary by the lender.

How to apply for a decoration loan?

There are two ways to apply for a decoration loan.

Prepare the application materials first and apply to the bank yourself;

Second, contact the loan service provider and tell the loan service provider your real situation, such as credit information, debt, income and so on.

The loan service provider will recommend the most suitable bank application to you according to your situation and the application difficulty and rate of the local bank decoration loan.

In the application process, it will also help you avoid some easy mistakes and make your approval easier.

For example, the authenticity evaluation of application materials, what materials are more conducive to loan approval and so on.

Although seeking help from loan service providers has many advantages, some loan service providers charge fees, while others do not.

Generally, loan service providers who do not charge service fees have deep cooperation with banks. The loan service providers who charge fees may not directly cooperate with the banks, or the degree of cooperation is not deep.

It is recommended to choose a loan service provider that does not charge. When I say no charge, I mean no extra charge except bank interest.

Of course, if you think that the charging loan service provider is reasonable and can really help you get a lower rate, you can also consider it.