what are the conditions for housing mortgage loan?
for mortgage loan, the ownership of real estate is very important. The mortgaged house may not be in its own name, but it may be owned by both husband and wife or others, or even other people's houses, but your house must be "property without ownership dispute". In addition, the bank will also reject the property of "small property right house" because the small property right house has no land use certificate and pre-sale permit issued by the state, and the purchase contract cannot be filed in the Housing Authority.
in addition to the above-mentioned conditions about real estate, there are also relevant conditions of the borrower. The requirements of mortgage loans for individuals are relatively loose. First of all, the borrower's age is generally between 22 and 6 years old, his income is stable, there is no bad record and the debt ratio does not exceed 5%, which is basically in line with the application for real estate mortgage loans. If the borrower is a married person, you need the relevant documents of both husband and wife, agree and be responsible for the relevant legal liability contract.
how to apply for a mortgage loan?
1. mortgage loan for existing home: first of all, the borrower needs to find an appraisal agency to evaluate the property value and obtain the real estate assessment report issued by the appraisal agency. Secondly, both husband and wife were present to submit the above information and sign a real estate mortgage contract. Thirdly, the borrower signs a loan contract with the bank. Fourth, the bank will issue loans after approval. Finally, the borrower repays the loan in installments or at one time, cancels the mortgage of the property and gets back the property certificate.
2. mortgage of forward house: the borrower signs a house purchase loan contract at the bank with the pre-sale contract, the original and photocopy of the house prepayment receipt and the original and photocopy of the marriage certificate of husband and wife, and issues the loan after the bank approves it, and gives it to the bank after the real estate license comes down. After repayment, the borrower goes to the bank to cancel the loan and get back the real estate license.
The procedures for housing mortgage loan are as follows:
1. Loan application: the borrower proposes the purpose, amount and time of the loan;
2. Prepare loan materials;
3. appraisal of house-viewing: relevant institutions conduct on-the-spot investigation, appraisal (survey) and appraisal of mortgaged houses;
4. loan application: submit all loan application materials together with the evaluation report or appraisal opinion to the bank for approval;
5. notarization of loan contract;
6. mortgage registration procedures;
7. Open an account and lend money.
Legal basis:
Article 394 of the Civil Code of the People's Republic of China states that in order to guarantee the performance of the debt, if the debtor or a third party does not transfer the possession of the property and mortgages the property to the creditor, if the debtor fails to perform the due debt or the mortgage right is realized as agreed by the parties, the creditor has the right to be compensated in priority.
the debtor or the third party mentioned in the preceding paragraph is the mortgagor, the creditor is the mortgagee, and the property provided as guarantee is the mortgaged property.