Processing Flow of Second-hand Housing Loan of China Construction Bank:
(1) The buyer and the seller sign a house purchase and sale agreement or a house purchase and sale contract;
(2) Eligible buyers apply for loans from loan banks and provide relevant certification materials;
⑶ The buyer and the seller go to the appraisal institution designated (recognized) by the loan bank to conduct house appraisal;
(4) The law firm identifies, investigates and analyzes the borrower's credit certification materials and evaluation reports, and issues legal opinions;
5] The loan bank shall examine and approve the loan and inform the loan applicant whether to agree to the loan;
[6] The buyer and the seller go through the formalities of property right transfer, and after the transfer, the borrower goes to the bank to go through the loan formalities;
(7) The purchaser signs a second-hand house mortgage loan contract with the loan bank;
(8) The buyer and the seller shall send the transferred house ownership certificate to the loan bank for mortgage registration;
(9) After the loan contract comes into effect, the loan bank will allocate funds according to the loan contract;
⑽ The borrower repays the loan on a monthly basis;
⑾ The borrower pays off the principal and interest of the loan and cancels the mortgage guarantee.