Housing loans can also be said to be personal consumption loans. Consumers are residential and need to buy from developers. Just because the price of the house is relatively expensive, unlike the consumption of goods in convenience stores, many people need to choose loans, and the loan bank also requires housing mortgage to reduce risks because of the high loan amount and high risk.
Note, however, that housing loans are not completely equivalent to housing mortgage loans, because the purpose of housing loans is to buy individual housing, the loan interest rate is generally low, and the loan period can be as long as 30 years. However, the purpose of personal housing mortgage loan can be to help solve production and operation, or to meet other daily consumption, such as travel, wedding, medical care and so on. And the loan term is generally 65,438+00 years, not as long as 30 years.
What are the procedures for housing loan?
1, sign a house purchase contract with the developer.
At this time, it is necessary to check whether the developer has "five certificates": state-owned land use certificate, construction land planning permit, construction project planning permit, construction project construction permit and commercial housing sales (pre-sale) permit.
2. Pay the down payment and pay attention to keep the down payment receipt.
3. Fill in the personal housing loan application form in the bank.
Developers will generally sign cooperation agreements with one or several banks, and it will be more convenient to handle mortgage loan agreements with banks that have agreements with developers. Bring the down payment receipt, commercial housing sales contract, ID card, city residence booklet (temporary residence permit for more than one year for non-local accounts), income certificate and other originals and copies to the bank to fill in the application form for personal housing loan.
4. Banks review mortgage applications.
The bank's credit staff will review and approve the materials submitted by the applicant step by step. If it is considered that it meets the conditions of bank loans, the applicant shall be notified to sign the Individual Housing Mortgage Loan Contract, and the contract period shall not exceed 30 years.
5. Go to the Housing Authority to apply for the certificate of other rights of the house, which proves that the house has the mortgage right of the bank. Go to the notary department for notarization of property right mortgage. Go to the insurance company to apply for family insurance.
6. Open an account.
Customers who choose entrusted deduction for repayment need to sign an entrusted deduction agreement with the bank, and open a special savings passbook account, savings card or credit card account for repayment at the business outlets designated by the lending bank. At the same time, the seller shall open a settlement account or deposit account with the loan bank.
7. Recover the loan.
With the consent of the lending bank, the lending bank will directly transfer the loan to the deposit account opened by the borrower in the lending bank, or transfer it to the deposit account opened by the seller in one lump sum or by stages according to the loan contract.
8. Repay as agreed.
The borrower must repay the principal and interest of the loan according to the repayment plan and repayment method agreed in the loan contract, otherwise the bank can recover the house according to law.
9. Repay the loan. After the loan principal and interest are settled, the mortgage registration is cancelled, and the buyer becomes the real owner of the house.
To apply for a house purchase loan, the buyers need to have a stable income and good credit, and they need to provide their own funds and other relevant documents to the loan bank. Loans cannot be issued until they are approved by the bank. If the purchaser cannot repay the loan, the bank can auction the mortgaged house.