Housing mortgage bank loan application method
1. First of all, we need to know what a mortgage loan is. There are two kinds of mortgage loans, one is personal consumption loan and the other is personal business loan. The so-called bank consumption loan is a loan issued by a banking institution to consumers for purchasing durable consumer goods or paying for other consumption.
2. Mortgage loan application conditions: Not all houses can be mortgaged with bank loans. First of all, the rigid requirements of most banks are that the age of the house is within 15, the area is over 60 square meters, and the loan application amount cannot be less than 300,000. Applicants should have extra rooms. And provide repayment sources and loan purposes, such as personal flow, invoices, etc.
Some people think that their house is in a good location and the market price is high, so they can definitely apply for a mortgage loan from the bank. This is wrong. When banks apply for loans, the first thing to consider is risk. The new house is better than the old one. A large area is better than a small one. In addition, it is easier to handle without birth certificates for the elderly and children than with them.
4. Mortgage bank loan interest rate: Because the economic environment is changing, the interest rate is also changing. Last year, you can enjoy a 10% discount on consumer loans, and now you have to go up at least 10-30%. Not to mention personal business loans, it is possible to float 40-50%. Therefore, when applying for a loan, you should consider your repayment ability, otherwise the monthly pressure will be too great, which will be very hard and embarrassing.
5. Repayment method of mortgage bank loans: personal consumption loans are generally repaid with equal principal and interest, and the loan term is 15 years. Personal business loans are divided into two types: equal principal and interest and interest before principal. The loan term is 15 years and 1 year respectively.