To apply for a mortgage to buy a car, whether in a bank or in other financial institutions, you need to apply for a vehicle registration certificate.
Process of handling mortgage car loan:
1. Choose a car at a special bank dealer and sign a car purchase agreement or contract;
2. The borrower applies to the loan bank for personal automobile mortgage;
3. Sign the contract with the consent of the investigation;
4. Go through the formalities of notarization and mortgage of automobiles;
5. Bank loans;
6. After the loan is paid off, the pledge certificate shall be cancelled and returned to the customer.