Second-hand houses in Shenzhen can be mortgaged. Generally speaking, as long as you have a stable job, a stable residence, a sense of repayment, and no overdue credit information, it is easier to get loans. Bank loan interest rates are almost the same, and approval is slow. The required materials are: household registration book, ID card, marriage certificate, bank account, credit report, work certificate and residence certificate.
How to handle mortgage loans for second-hand houses?
1. Submit materials and apply. Buyers and sellers should take all relevant materials with them before going to the bank. Receive and fill in the application form of personal loan for second-hand housing, and submit all materials to the staff for review after filling in. The staff will make a preliminary evaluation of the materials and give an approximate loan amount and years. Finally, the three parties agreed on the time, and the bank contacted the designated real estate appraisal agency for house inspection and evaluation.
Second, the evaluation according to the agreed time, the real estate appraisal agency went to the housing management office for evaluation. Upon completion, the appraisal agency will issue an appraisal report to the bank. This stage will take 3-5 working days depending on the agreed conditions.
Three. Bank Approval The bank will examine the qualifications of loan applicants. After meeting the requirements, the bank will examine and approve the loan amount and term according to the housing appraisal price and the qualification of the comprehensive lender. The approval process usually takes about 5 working days.
Fourth, pay the down payment. After the transfer is passed, the buyer pays 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 housing property rights with the down payment certificate, 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 20 working days.
5. Go through the formalities of real estate mortgage registration and insurance. After the bank loan buyer receives the real estate license, he shall go through the formalities of mortgage registration and insurance. Then, after the loan is issued, the bank deposits the house payment into the seller's account, and the buyer starts to repay the current period on schedule as agreed in the contract.