What will the bank check when applying for a mortgage?
1. The bank will investigate the applicant first.
In the investigation of the applicant, it is important to see whether the applicant has the economic repayment ability.
(1) Check the applicant's ID card and household registration book. If it involves borrowing from immediate family members, the bank should also check the ID card and household registration book of their relatives.
If the spouse has not participated in the loan in the same account, a marriage certificate is required.
(3) If the applicant requests a provident fund loan, it shall provide proof of timely payment of the provident fund.
④ When determining the loan term, banks sometimes consider the working years. If there are still five years before the statutory retirement age, the period for applying for provident fund loans is 10 years, and the bank is unlikely to approve it.
(5) Investigation on the applicant, including the purchase contract or agreement signed with the developer, and there must be proof of purchase payment. It is also necessary to investigate how many suites there are under the name of the purchaser and whether there have been mortgage records.
2. Developer survey
Including the purchase contract or agreement signed by the developer and the loan applicant, this is also very important. Weak strength, chaotic management and poor reputation of developers will bring troubles and risks to property buyers and bank housing loans.
What is the process of applying for a commercial loan?
1. Submit a loan application
When you sign a house sales contract, you can apply for a commercial loan from the bank. Whether it is a first-hand mortgage or a second-hand mortgage, it is necessary to submit the complete materials approved by the bank to the bank for review, which is the most important step in the commercial loan process.
Mainly including ID card, household registration book, original and copy of marriage certificate; Foreign household registration needs to provide temporary residence permit or residence permit; Income certificate issued by the work unit; Sales contract, down payment invoice or receipt; Wage flow or other proof of assets in the past six months. In addition to the above information, different banks have different requirements for commercial loans, and other information required by lending banks should be inquired in detail.
2. The bank is under investigation.
After the bank receives the application materials of the loan applicant, it will review the materials. The general review time for commercial loans is 15 working days, and the longest time shall not exceed 1 month.
During the bank investigation, the loan applicant will be asked to supplement some information according to the situation. Therefore, the loan applicant needs to keep in touch with the bank during this period.
3. Bank verification and approval
The loan bank will verify several aspects: the situation of the house, the qualifications and credit of the borrower, etc. This is an important link in the process of commercial loans. If the credit of the loan applicant is not good, it will directly lead to the failure of the loan application, so it is very important to accumulate good personal credit in life.
4. Both parties shall go through relevant formalities.
The bank informed the loan applicant that after the loan was approved, it was necessary to open an account in the bank, get a debit card and sign a loan contract. At the same time, handle mortgage, guarantee, pledge, insurance and other related guarantee procedures. When signing a loan contract and handling the guarantee formalities, you must know the detailed rules in the contract in detail and make clear your rights and obligations so as to avoid unnecessary misunderstanding.
5. Banks issue loans.
After all the loan procedures are completed, the bank will transfer the loan funds to the account of the real estate developer, and the loan relationship will be established, and the lender will repay the loan according to the regulations.