Each bank has different requirements for loan conditions. The lender should first consult the bank about the mortgage loan, and then apply for appraisal in the appraisal company designated by the bank. After obtaining the appraisal report, the lender shall apply for mortgage loan at the bank with identity certificate, household registration book, house ownership certificate, land certificate, industrial and commercial license, tax registration certificate, income certificate, bank's capital flow and house appraisal report, and then go to the housing management department for mortgage registration and withdraw the loan from the bank. If the lender is married, both husband and wife need to bring the above materials and marriage certificate to the bank for relevant procedures.
When applying for an apartment mortgage loan, the lender needs to have a good credit record, the ability to repay the loan and principal and interest, and the bank running water as auxiliary materials. If one of the requirements does not meet the bank's standards, the loan may be refused.
What are the shortcomings of the apartment?
Apartments are commercial, and their land service life will be shorter than that of houses. The service life of an ordinary apartment is about 40 to 50 years. After the expiration, you need to pay a high premium to continue using it.
Second-hand houses and other houses can be exempted from land value-added tax when trading, and apartments cannot enjoy this policy.
Although many changes have taken place in the policy, commercial housing in some places has not been affected by residential purchase restrictions and loan restrictions. However, due to its commercial nature, it can only obtain loans with a term of about 50% and 10 years.