2. Application submission: The borrower submits the loan application to the bank, and prepares the mortgage information for the bank's review according to the bank's requirements. The borrower needs to ensure the authenticity and integrity of the information.
3. real estate assessment: After submitting the materials, the bank will conduct on-the-spot investigation and evaluation on the real estate mortgaged by the borrower, which is an important link in the real estate mortgage loan process and directly determines the amount of the borrower's housing mortgage loan.
4. Sign a loan contract: After the real estate appraisal is completed, if the borrower passes the bank's audit, the bank will sign a loan contract with the borrower and go through notarization and insurance procedures.
5. Handling mortgage procedures: The borrower goes to the transaction center in the district where the house is located to handle the house transfer and mortgage procedures, and submits the mortgage receipt to the loan bank.
6. Bank Lending: After all the formalities are completed, the bank will issue loans to the borrower, and the borrower only needs to repay the loan on time.
Legal basis: Article 193rd of the Criminal Law of People's Republic of China (PRC) is under any of the following circumstances. Whoever defrauds a bank or other financial institution of loans for the purpose of illegal possession, if the amount is relatively large, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than 20,000 yuan but not more than 200,000 yuan; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan; If the amount is especially huge or there are other particularly serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan, or his property shall be confiscated: (1) fabricating false reasons such as introducing funds and projects; (two) the use of false economic contracts; (3) using false documents; (four) the use of false proof of property rights as a guarantee or repeated guarantee beyond the value of collateral; (5) obtaining loans by other means.