What is the prepayment process of mortgage? 1. Determine whether you can pay in advance. In the loan contract between the purchaser and the bank, there will be an early repayment clause. For example, if you need to repay the debt for more than one year, then the amount you need to pay is an integer multiple of 5000 yuan to 10000 yuan. Buyers must first see if they meet the above conditions.
2. make an appointment to pay. Once the conditions for prepayment are determined, you can make a phone call or go to a loan center to make an appointment for repayment. Early repayment is not to bring money to the bank, but to see how many people have repaid you in advance recently. It stands to reason that the term of mortgage loan should be within one month, but if the real estate market is hot and many people pay back the money in advance, it will be more normal. If you want to pay back the money in advance, you have to make a reservation in advance.
3. Deposit the deposit into the repayment card in advance. After the repayment period is agreed, the loan owed can be deposited into the credit card before the repayment date.
4. Prepare all the information and fill out an application form for prepayment. Within the specified repayment period, bring your ID card and loan contract to the personal loan center to apply for early repayment. If you don't deposit money in the bank in advance, you must deposit it on your credit card. Just wait for the bank to pay.
You take his stock and sell his house. After paying back the money in advance, that is, the bank loan, you can go to the bank's personal loan center to get his loan certificate and other documents. Take this material to the mortgage office of the real estate administration to cancel the mortgage, and the ownership of the house will belong to the buyer. Some banks will help you cancel your mortgage, so you don't have to do it yourself. This process will take a little longer. After prepayment, buyers must check with the bank about the cancellation of mortgage loans.
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