Because the information at the bank has not been completely sorted out, mortgage lending requires comprehensive qualification approval from at least three departments, so the process will be relatively slow. If there are some internal changes in the bank, it is normal for the borrower to wait for up to 2 months. If you have not received the mortgage contract for more than 3 months, it is possible that the bank staff forgot to notify you, and the borrower must call the bank directly to inquire. The bank loan contract is made in triplicate, with one copy retained by the bank, one copy by the developer and one copy by the customer. Therefore, banks will not deliberately deny loan contracts to customers. This is a violation of the contract.

What should you pay attention to when signing a housing loan contract

1. Apply for a loan amount within your ability. When applying for a personal housing loan, borrowers should make correct judgments about their current financial strength and repayment ability, and at the same time make correct and objective predictions about their future income and expenses. Generally speaking, you need to analyze your expected income trend based on factors such as your age, education, industry prospects of your occupation, and the nature of your unit, and also take into account factors such as large future expenditures before you can carefully determine the loan amount and loan term. and repayment methods, design a repayment plan based on your income level, and leave appropriate room for it.

2. When applying for a mortgage, you must choose a good loan bank. For borrowers, if you are buying an existing house or a second-hand house, you can choose your own lending bank. The more services a mortgage bank provides, the more detailed they are. You will receive flexible and diverse personal financial services, as well as a rich portfolio of services and products. For example, ICBC Shanghai Branch has launched a series of new measures to cancel the notarization process, cancel the income certificate of borrowers for some customer groups with stable professional income and strong repayment ability, adjust the loan term for borrowers, and allow borrowers to change collateral and real estate. Rights holders, etc.

3. Choose the repayment method that best suits you. There are basically two repayment methods for personal housing loans: one is the equal repayment method, and the other is the equal principal repayment method. If the borrower adopts the equal repayment method, the repayment amount will remain unchanged in each month of the entire repayment period (except for interest rate adjustments). In the early stage of repayment, interest will account for the majority of the total monthly repayment. As time goes by, the principal is gradually amortized and the loan balance gradually decreases. As a result, the interest payable continues to decrease, the proportion of interest in the repayment amount will continue to decrease, and the proportion of the principal will continue to increase. With the equal principal repayment method, the principal is evenly distributed throughout the entire repayment period, and the interest is calculated daily based on the principal balance of the loan and is repaid together with the principal. For borrowers, monthly payments gradually decrease, but the pace of principal repayment remains the same. For each borrower, when signing a loan contract with a bank, he must first understand the two repayment methods and determine the most suitable repayment method, because once the repayment method is agreed in the contract, it will be used throughout the entire loan period. It cannot be changed.

4. The information provided to the bank must be true. When applying for a personal housing commercial loan, banks generally require borrowers to provide proof of economic income. For individuals, true proof of personal occupation, position and recent economic income should be provided. Because if your income does not reach a certain level and you do not have enough ability to repay the loan, but you exaggerate your income level, you are likely to default in the early stages of loan repayment, and if it is confirmed by bank investigation that you provided false certification, it will cause The bank's trust in you will be greatly reduced, which will affect your loan application.

5. Provide your address accurately and promptly. If the address provided by the borrower to the bank is accurate, the bank can easily contact him and he can receive the repayment notice sent by the bank on time every month. In addition, borrowers are particularly reminded that when you move into a new home, you must promptly inform the lending bank of your new contact address and contact information. Otherwise, if the borrower fails to receive relevant notices from the lending bank, it will cause unnecessary trouble.