New house process: down payment-signing commercial house sales contract-going to the bank to apply for a loan and signing loan agreement documents-the developer issues a guarantee contract to the bank-the bank approves the loan-the house price is paid to the developer-the buyer pays the mortgage on a monthly basis-the bank handles mortgage registration. Commercial loans are loans used to supplement the working capital of industrial and commercial enterprises, usually short-term loans, usually for 9 months, with a maximum of 1 year, but there are also a few medium-and long-term loans. This kind of loan is the main part of commercial bank loans, generally accounting for more than one-third of the total loans. The borrower repays the loan by equal repayment. For the outstanding loan principal, the borrower can repay it in one lump sum, and interest will still be charged in the current period of prepayment. No fines will be charged.

1. Submit loan information. Generally speaking, developers will have one or more designated cooperative loan banks, and buyers can choose one of them to handle housing loans. Bring the required materials and give them to the bank staff; Loan qualification examination, the bank examines the lender's loan qualification, including the authenticity of personal information, age, personal credit record, income, etc. Among them, in terms of the age of applicants, many banks over 65 no longer accept loan applications.

2. In the personal credit record, the bank refused to lend for three to six times overdue, and the individual refused to lend for two or more banks in Hangzhou. The income needs to reach twice the monthly payment of the loan application, and it is required to cover all liabilities under the personal name, including car loans. Generally, banks will require applicants to provide details of bank flow in the past six months to prove their income ability. After receiving the loan applicant's materials, the bank will review the loan applicant. General commercial loans take 7- 10 working days (the specific review time is subject to each bank).

3. Sign a loan contract. After the bank is approved, it will sign a formal loan contract with the applicant. In practice, the applicant will sign the loan contract when submitting the materials, but the bank will only stamp the contract after approval; Loan issuance: After the bank completes the loan process, it directly issues loans to developers, and the applicant needs to repay the bank every month. It should be noted that if the applicant purchases an auction house, the bank will issue the loan only after the auction house is capped.