Process of applying for mortgage loan for house purchase

First, apply

The customer submits a written loan application to the bank and submits relevant materials.

Second, sign a contract. After receiving the loan approval notice from the bank, the loan applicant shall sign a loan contract and a guarantee contract with the loan bank, and handle notarization, mortgage registration, insurance and other related procedures as appropriate.

Third, open an account

Customers who choose entrusted deduction for repayment need to sign an entrusted deduction agreement with the bank, and open a special savings passbook account, savings card or credit card account for repayment at the business outlets designated by the lending bank. At the same time, the seller shall open a settlement account or deposit account with the loan bank.

Four. Withdraw a loan

With the consent of the lending bank, the lending bank will directly transfer the loan to the deposit account opened by the borrower in the lending bank, or transfer it to the deposit account opened by the seller in one lump sum or by stages according to the loan contract.

Verb (abbreviation for verb) repays on time

The borrower shall repay the principal and interest of the loan according to the repayment plan and repayment method agreed in the loan contract. There are two repayment methods: entrusted deduction and counter repayment.

Intransitive verb loan settlement includes early settlement and normal settlement.

Early settlement refers to the settlement of the loan before the maturity date of the loan (one-time repayment of principal and interest) or the last installment of the loan (installment loan)

Normal settlement refers to the settlement of the loan on the maturity date of the loan (one-time repayment of principal and interest) or the last installment of the loan (installment loan). If the loan is settled in advance, the borrower shall submit an application for early settlement to the loan bank 10 working days in advance after paying off all the payables.

Note: After the loan is settled, the borrower obtains the loan settlement certificate from the loan bank, retrieves the real estate ownership mortgage registration certificate and the original insurance policy, and goes through the mortgage registration cancellation formalities with the loan settlement certificate issued by the loan bank.

Extended data:

I. Requirements of the Borrower

1,1natural person aged 8-60 (Hong Kong, Macao and Taiwan and foreigners are also allowed)

2. Have a stable occupation, stable income and the ability to repay the loan principal and interest on schedule.

3. The borrower's actual age and loan application period shall not exceed 70 years old.

Two. Information to be provided by the borrower

1. Legal and valid identity documents of the borrower.

2. The borrower's economic income certificate or occupation certificate.

3. Borrower's household registration book

4. Borrowers with spouses need to provide proof of marriage relationship.

5. If * * * is the same as the borrower, a written commitment signed by all parties of the borrower shall be provided to clarify the repayment obligation of * * *.

6, the purchase of second-hand housing property certificate

7. The house sales contract signed with the seller and the transfer account number provided by the seller.

8. If the collateral needs to be evaluated, a collateral evaluation report issued by an evaluation institution recognized by the lender shall be issued.

9. Property right of the purchased house * * * A written authorization document from someone agreeing to sell the house.