Of course, different banks will have different regulations. Some banks will relax the age of real estate to 25 or 3 years. For details, you can call the customer service of the local branch. And the time limit for the final application will be determined by the comprehensive examination and approval of the handling bank after the customer submits relevant materials for application.
I suggest that you don't choose a house that is too old when buying a second-hand house, otherwise the loan will not last long. If the loan amount is not low, the monthly repayment principal will not be low, and the repayment pressure of customers will naturally be light. Moreover, if the house you choose is too old, there are bound to be many problems, which may affect the evaluation of the value of the house by the evaluation agency.
Second-hand housing mortgage loan process:
1. The buyer and the seller sign a house sale agreement or a house sale contract;
2. Eligible buyers apply to the loan bank for loans and provide relevant certification materials.
the buyer and the seller bring all relevant materials to the bank. Receive and fill in the application form for personal loan of second-hand house. The staff will make a preliminary evaluation of the materials and give an approximate loan amount and years.
3. evaluation.
to buy a second-hand house, you need to evaluate the property. The buyer needs to find an appraisal company to conduct real estate assessment. Then the bank lends money according to the transaction price of the house and the lower price in the evaluation, and it is used as the basis for lending.
the bank and the buyer and the seller agree on a time when the bank will contact the designated real estate appraisal institution to conduct house inspection and appraisal, or the buyer and the seller will conduct house appraisal at the appraisal institution designated (recognized) by the loan bank.
4. The loan bank conducts examination and approval, and informs the loan applicant whether to agree to the loan.
The bank conducts examination and approval of the loan applicant's qualifications, and after meeting the requirements, the bank conducts examination and approval of the loan amount and term according to the appraised price of the house and the qualifications of the comprehensive lender. The approval process usually takes about 5 working days.
5. The buyer and the seller go through the formalities of property right transfer, and after the transfer, the borrower goes to the bank to go through the loan formalities;
after approval, the buyer shall pay the down payment to the seller. Then the buyers and sellers and bank staff go to the real estate exchange to handle the transfer of house property rights with the down payment certificate, the mortgage application review commitment letter issued by the bank and other materials. It can be completed on the day of transfer, and the buyer can get the real estate license after waiting for about 2 working days.
after receiving the real estate license, the buyer will register and insure the real estate mortgage, and the insurance premium will be about 2, yuan. Then, after the loan is issued, the bank will deposit the house money into the seller's account, and the buyer will start to repay the current period on schedule according to the contract.
6. Sign a second-hand housing mortgage loan contract with the loan bank; The buyer and the seller will send the transferred house ownership certificate to the loan bank for mortgage registration.