Renovation loan processing flow:
1. When the borrower applies for a loan for housing renovation, he must apply at the business outlet where the business is started, fill in the application form, submit relevant materials and go through relevant guarantee procedures;
2. Sign a loan contract after investigation and approval by the account manager and approval by the competent examination and approval department;
3. The account manager handles the loan procedures and transfers the money to the borrower's personal settlement account in our bank, so that the customer can use the loan funds;
4. The borrower repays the loan at the business counter, or leaves enough repayment amount in the deposit account or bank card, and entrusts the loan bank to withhold the repayment;
5. After the loan is settled, the bank terminates the creditor-debtor relationship with the customer and goes through the relevant formalities.
For short-term loans, the annual interest rate within one year (including one year) is 4.350%; If it is a medium-and long-term loan, the annual interest rate is 4.750% for one year to five years (including five years), and 4.900% for more than five years.
Extended data:
Materials to be provided for housing renovation loans:
(1) Original and photocopy of legal identity documents (resident identity card, household registration book or other valid residence documents);
(2) The name on the borrower's house ownership certificate or house use certificate;
(three) the economic income certificate issued by the unit;
(four) the construction contract of the house renovation project;
(5) If it is a mortgage loan, it is required to have the property right certificate of the mortgaged property, the list of pledged property, the certificate that the disposer agrees to mortgage or pledge, and the appraisal report of the mortgaged property;
(six) the guarantor agrees to provide written documents of guarantee and the guarantor's credit certificate.