Being interviewed for a mortgage loan does not mean that the loan is approved. Although entering the interview means that the loan is 90% successful, there may also be some problems that cause the loan to fail, such as changes in national policies, such as increasing deposit reserves. Situations such as interest rate and monetary tightening have led to delays in loan disbursement or no loan disbursement. In addition, the housing loan limit is now limited. In special circumstances, the loan limit is gone. Even if it is approved, you have to wait for the loan limit in the next cycle.

The process of mortgage interview

1. Bring valid identity documents and other materials to the bank;

2. The credit officer reviews and approves the materials (understands the borrower based on the materials presented) Loan requirements and personal circumstances);

3. If the materials are uneven, they will be required to be replenished within the promised time;

4. The bank will evaluate the loan house;

5. The bank will conduct a second review and approval of the borrower;

6. The bank will issue a loan approval letter after it is willing to disburse the money;

7. The buyer and seller will carry out property rights transfer. ;

8. Apply for property mortgage procedures;

9. Bank deposit.

Mortgage interview inspection content

1. Prerequisites for judging repayment ability: Marital status

1. If you are married, both husband and wife must be present , and you must provide the original marriage certificate and household registration book;

2. If you are divorced, you need to provide a divorce certificate.

Since banks judge the borrower's family repayment ability and housing condition on a family basis when lending, and use this to determine the loan amount and loan interest rate, the borrower's marital status is a must-check item for the bank. .

2. Prove repayment ability: income certificate, bank statement

During the mortgage interview, the borrower’s income certificate and bank statement are also key review items, because these two items reflect the borrowing A person’s repayment ability. Generally speaking, monthly income ≥ monthly mortgage payment X2. If the borrower is repaying other loans, monthly income is required to be ≥ (existing loan + monthly mortgage payment) X2.

3. Stable job: A copy of the company's business license

A copy of the company's business license can reflect that the lender has a stable job, and must be stamped with the company's official seal. However, if the borrower works in a state-owned enterprise or public institution, only a work permit or proof of employment is sufficient.

4. Determine the loan amount and interest rate: existing housing status

If you are applying for a loan to purchase a second home, you need to provide the property ownership certificate and loan contract for the first home purchase. The first home has already been purchased. If you have repaid the loan, you must provide proof of loan settlement.

Because the housing ownership situation directly affects the number of housing units, loan amount and loan interest rate that the borrower applies for a second home loan.

5. Personal Credit Tag: Credit Report

During the interview, the bank will check the credit status of the couple on a family basis. Some banks will check the borrower's family within 5 years. Loan records and credit card records within 2 years, some banks check a wider time range. Due to different bank policies, the degree of laxity in credit review will vary.