First of all, please go to the bank to understand the relevant situation, and apply for a personal housing loan with relevant information, and then accept the bank's review of you to determine the loan amount. Next, you can apply for a loan contract and the bank will apply for insurance. Handle the registration and notarization of property right mortgage. The last thing 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.
Conditions and procedures of mortgage loan:
People are most concerned about the conditions and procedures of mortgage loans. First of all, the information needed to apply for a mortgage loan is:
1.3. Original and photocopy of the ID card and household registration book of the applicant and spouse (if the applicant and spouse are not registered in the same household, a marriage certificate shall be attached).
2. Original purchase agreement.
3. 1 Original and photocopy of advance payment receipt for 20% or more of the house price.
4. Proof of the applicant's family income and related assets, including payroll, personal income tax bill, income certificate issued by the unit, bank deposit certificate, etc.
5. The developer's collection account number 1 copy.
When the property buyers choose mortgage to buy a house, they need to provide the following information to the bank (loan bank) that provides mortgage:
1. Legal and valid identification.
2. Proof of fixed economic income.
3. The original commercial housing sales contract witnessed by the real estate management department.
4. Other documents required by the lending bank.
Banks examine the authenticity, reliability and legality of the information provided by buyers. After passing the examination, the loan bank, the developer and the purchaser sign the Real Estate Mortgage (Pledge) Contract and the Building Mortgage Loan Contract (this contract shall be notarized or witnessed by a lawyer, and the expenses arising therefrom shall be borne by the purchaser). Three parties * * * go to the real estate management department for mortgage (pledge) registration of house purchase loan. Among them, the property buyer shall submit the following documents:
1. Original commercial housing sales contract witnessed by the real estate management department.
2. A copy of the identity certificate.
3. The corresponding effective housing mortgage loan contract.
4. The mortgage application form and the original mortgage contract.
5. If you entrust others to register on your behalf, you need to submit a valid original power of attorney.
According to the provisions of the Real Estate Mortgage (Pledge) Contract and the Building Mortgage Loan Contract, property buyers must perform the following obligations:
1. Submit the real estate mortgage registration certificate together with the original contract to the loan bank for safekeeping.
2. After the delivery of the auction house, handle the house transfer formalities within three months, obtain the land use certificate, the house ownership certificate and the house ownership certificate, and directly hand over the three certificates to the loan bank for safekeeping (at this time, the developer's guarantee responsibility is lifted).
3. Insure the mortgaged property at its own expense, the insurance period shall not be shorter than the mortgage period, and the insurance amount shall not be lower than the total value of the mortgaged property, and the first beneficiary shall hand over the insurance policy to the loan bank for holding.
4. Without the written consent of the lending bank, the buyer shall not lease, sell, dismantle, rebuild, remortgage or otherwise dispose of the mortgaged property.
5. Repay the principal and interest on time every month. If it is overdue, it will be fined according to the number of days.
6. After repaying all the loan principal and interest, fines and expenses, the lender shall cancel the mortgage registration with the original mortgage registration authority and recover the land use certificate, house ownership certificate and insurance policy.
Before buying a house mortgage loan, you must know clearly the process of buying a house mortgage and the information you need to submit, in case you are in a hurry when handling the loan.