1. The borrower needs to collect loan materials.

These materials include proof of identity, proof of repayment ability, down payment invoice, proof of marital status, certificate of house ownership, application for personal housing loan, etc.

2. The bank reviews the loan application.

After receiving the loan application from the lender, the bank will review all relevant information provided by the lender. Different banks spend different time on auditing, which usually takes 2-3 weeks.

3. Approve the license for entrusted real estate.

After the lender's loan application is approved, the bank will hand over the title certificate, insurance policy or securities of the mortgaged property for safekeeping.

4. Notify the borrower to sign the loan contract.

After the real estate license is stored, the bank will inform the borrower to go to the bank to sign a loan contract. At the same time, the borrower needs to go to the real estate management department for mortgage registration.

5. Bank loans

After all formalities are completed, the bank will directly transfer the loan amount to the account of the real estate developer.

6. After the loan is settled, go through the mortgage cancellation procedures.

After the real estate mortgage loan is fully settled, the lender can get back his real estate license from the bank with his ID card and the loan settlement certificate issued by the bank, and at the same time go through the mortgage registration cancellation formalities at the real estate management department.