How much is the interest of Minsheng Bank's mortgage loan11000,000 yuan for one thousand years?
According to the loan interest rate officially announced by Minsheng Bank in July 2020, the one-year mortgage interest rate is RMB 4.75%, and the one-year interest of 654.38+00,000 yuan mortgage is about RMB 47,500.
How to handle the real estate mortgage loan of Minsheng Bank?
1. The borrower prepares relevant materials.
Before the loan, the borrower needs to provide a lot of information to the bank, including ID card, household registration book, marriage certificate, real estate license, house purchase contract, etc.
2. Bank statement.
According to the value of the house, the bank's mortgage amount is also different. In addition to mortgage real estate license, banks also need borrowers to have good credit and economic strength in order to better avoid risks. Therefore, most banks will require borrowers to provide bank statements of personal accounts for nearly half a year.
3. Apply for a loan from the bank.
The amount of housing loans is generally more than 5,000 yuan, and the value of real estate is below 70%. The expected annualized interest rate of the loan will rise by a certain percentage according to the benchmark expected annualized interest rate of the central bank. The loan term is generally 5 to 30 years, and the repayment methods generally include equal principal and interest, equal capital and so on. The former has less repayment pressure in the early stage and the latter has less repayment pressure in the later stage, so the borrower can choose flexibly according to his own situation.
4. Banks review mortgages.
After applying for a mortgage, the bank began to examine the qualifications of the borrower.
5. The bank passed the examination and went through the relevant formalities.
After the bank has passed the borrower's mortgage review and agreed to issue the loan, the borrower needs to go to the local delivery room management department at or above the county level to go through the mortgage registration formalities with the bank clerk.
6. The bank obtains the real estate license and lends money.
After the above procedures and processes are completed, the bank will lend money to the borrower. But because it is a housing loan, generally speaking, the bank loan will directly hit the account of the real estate developer and will not be paid directly to the borrower.
Extended data
Strengthened the customer's reputation concept and improved the economic benefits of banks and enterprises. After handling the mortgage loan, customers are also under pressure to repay in full when they get the loan application.
It is conducive to invigorating finance, invigorating the economy and invigorating the efficiency of the use of credit funds. According to the statistics of China Construction Bank, the loans overdue rate of personal hospitalization housing mortgage is below 3%, and the paid-in interest rate is above 90%. At the same time, mortgage loans can convert commodities, bills and securities into monetary funds in advance. It plays a certain role in accelerating the turnover of monetary funds and expanding the production and circulation of enterprises.
Compared with credit loans, mortgage loans are much more binding on loan customers. Once the enterprise goes bankrupt, the credit loan is just an ordinary creditor's right, and the bank can only participate in the property distribution of the bankrupt enterprise as an ordinary creditor, and has no right to demand priority compensation.
Carrying out and popularizing mortgage loan is the new requirement of adapting to the socialist market economy, the inevitable requirement and development trend of reforming the credit fund supply system and establishing the credit fund lending system.