1. Loan application: The borrower receives and fills in the application form with valid house purchase (construction) materials and down payment voucher, and after being signed by the borrower (spouse) unit, it will be submitted to the center for review and interview together with the required loan materials. 2, the center for approval. 3. sign the contract. 4. Joint examination of banks: the center manager will send the loan contract, transfer authorization, iou and other materials checked and signed by the customer, borrower and guarantor to the entrusted bank for joint examination. 5. Mortgage registration.

legal ground

Article 673 of the Civil Code of People's Republic of China (PRC): If the borrower fails to use the loan according to the agreed purpose, the lender may stop issuing the loan, recover the loan in advance or terminate the contract.