The loan process for house purchase and sale is as follows: 1. Looking at the house, the buyer and the seller reached an agreement to pay the house purchase deposit; 2. Submit a loan application and sign a loan contract; 3. Property appraisal and third-party guarantee; Transfer ownership and pay down payment; 4. Pay taxes and get a new real estate license; 5. Banks receive loan contracts and mortgage registration; 6. The bank lends money to the seller, delivers the property and pays the final payment; 7. The buyer repays the loan, recovers the real estate license after settlement, and cancels the mortgage registration.
How to handle bank loan procedures for second-hand housing sales transactions
To apply for personal second-hand housing loan in China Bank, you need to provide the following information: 1, application for personal second-hand housing loan 2, legal and valid identity documents (resident ID card, military officer's card, household registration book, home visit certificate for Hong Kong and Macao compatriots and other valid residence documents, etc. ) and provide a copy; 3. The deposit certificate and photocopy or receipt and photocopy of the second-hand house down payment issued by the lender; 4. Proof of economic income recognized by the lender; 5, the borrower (property buyers) and the seller signed the "house sales contract"; 6. The Real Estate Appraisal Report suggests buying a second-hand house. 7. Other supporting documents or materials required by the lender. Because there are some differences in different regions, please consult local institutions in detail when applying for loans.
The above contents are for your reference. Please refer to the actual business regulations.
How to deal with the loan when the house is sold?
1. Mortgage to mortgage. Transfer the remaining loan debt to the new buyer, but it needs the consent of the loan bank first, and the seller applies to the bank for changing the borrower, loan term and other information. 2. Pay off the loan with the buyer's down payment or full payment. If the buyer's down payment or full payment is enough to pay off the loan, the seller may apply to use the above funds to repay the loan in advance. There are still some risks in the trading house that has not paid off the loan, so when signing the sales contract, both parties should communicate in advance to reduce and avoid the risks.
Legal basis:
Article 61 of the People's Republic of China (PRC) Urban Real Estate Management Law shall apply to the land administration department of the local people's government at or above the county level for registration, which shall be verified by the land administration department of the local people's government at or above the county level, and the land use right certificate shall be issued by the people's government at the same level.
If a house is built on the land for real estate development obtained according to law, it shall apply to the real estate management department of the local people's government at or above the county level for registration with the certificate of land use right, and the real estate management department of the local people's government at or above the county level shall verify and issue the certificate of ownership of the house.
When real estate is transferred or changed, it shall apply to the real estate management department of the local people's government at or above the county level for registration of change of real estate, and apply to the land management department of the people's government at the same level for registration of change of land use right on the basis of the changed house ownership certificate. After verification by the land administration department of the people's government at the same level, the land use right certificate shall be replaced or changed by the people's government at the same level.
If it is otherwise provided by law, it shall be handled in accordance with the provisions of relevant laws.
Let's stop here for the introduction of how to apply for bank loans when selling a house.