As we all know, small property houses are not recognized by the state and are not registered. Therefore, a small property right house cannot be mortgaged in a bank unless it is changed into a large property right house with a property right certificate. So how to apply for a small property house loan? How long does it take for a small property right house loan?
"Several Opinions on Registration and Certification of Rural Collective Land" clearly points out that small property houses are not allowed to register and issue certificates, and the premise of bank mortgage loans is to provide real estate licenses.
Loan process of small property right house:
The lender first negotiates with the bank about the mortgage loan, and then applies to the appraisal company for appraisal according to the designation of the bank, and obtains the appraisal report. After that, the lender and his wife apply for mortgage loan with their identity certificate, household registration book, marriage certificate, house ownership certificate, land certificate (or copy), industrial and commercial license, tax registration certificate, income certificate, bank capital flow and house evaluation report, go to the housing management department for mortgage registration, and then go to the bank for withdrawal!
If it is a commercial house with large property rights handled in a bank, it can reach 70% of the market value, that is, 490,000, and the loan for a small property right house cannot exceed 30 years. The specific situation needs to be evaluated before it can be determined. If it is handled in a formal lending institution, the maximum can reach 80%, almost 560,000.