Personal mortgage loan, referred to as mortgage loan for short, the mortgage buyer fills in the mortgage loan application form to the loan bank and provides the proof documents that must be submitted according to the legal documents such as ID card, income certificate, house sales contract and guarantee. After passing the examination, the loan bank promises loans to the buyers, and handles the real estate mortgage registration and notarization according to the house sales contract provided by the buyers and the mortgage loan contract concluded between the bank and the buyers. The bank directly transfers the loan funds to the sales unit within the time limit stipulated in the contract.

Information required for loan:

1. The borrower's valid ID card and household registration book;

2. Proof of marital status, unmarried persons need to provide proof of unmarried, and divorced persons need to issue a court civil mediation or divorce certificate (indicating that they have not remarried after divorce);

3. If you are married, you need to provide your spouse's valid ID card, household registration book and marriage certificate;

4. The borrower's income certificate (salary income certificate or tax payment certificate for half a year);

5. Real estate title certificate;

6. Guarantor (ID card, household registration book, marriage certificate, etc. Is required)

Please note:

1. The loan can only use collateral, and the sum of the loan amount and the interest during the loan period cannot exceed1/2 of the assessed value of collateral;

2. Have a long-term and stable income source, enough to pay the monthly loan principal and interest;

3. Guarantor;

The loan needs to pay lawyer's witness fee, mortgage registration fee, mortgage property insurance fee, property appraisal fee, etc.

It usually takes about 1 month to get a loan.

Process:

1. Apply for a loan from the bank,

2. After the acceptance of the bank, evaluate the value of the mortgaged property and approve the loan amount according to the evaluated value;

3. Sign a loan contract, etc. ;

4. Apply for real estate mortgage registration;

5. Bank loans

What is the longest repayment period?

The average personal loan is up to 5 years; Repay in installments every month, not at one time. Types and Causes of Personal Mortgage Risks According to relevant persons from the Credit Department of China Construction Bank, there are three main types of personal housing mortgage risks at present: First, borrower risks: individuals borrow money from banks (including housing fund management institutions) for housing consumption, and risks will occur if they cannot repay on time. There are two reasons for risk: subjective reasons and objective reasons. The former refers to the borrower's intentional breach of contract, fraud, false borrowing and malicious failure to pay back the money; The latter is that the borrower cannot repay the money on time due to unemployment, disability, death, divorce and other reasons.

Second, the risk of the development project: the developer's poor management or misappropriation of funds leads to the failure to complete the project, forming a "unfinished tail", and the property purchased by the borrower as collateral becomes a "castle in the air"; The property purchased by the borrower has major quality problems. All these situations will make it difficult to perform personal loan-related contracts, and the rights and interests of borrowers and loan banks will be infringed.

Third, there are risks in banks: the review of borrowers is not strict; Insufficient control of the developer's sales situation, project progress, the flow of funds in the house payment supervision account and the deposit account; Lack of necessary contact with housing management and land departments, mortgage registration is not implemented; The lax file management and the loss of important contract documents lead to the risk of bank loans.

It is difficult for housing mortgage loan to become the main guarantee method at present.

According to industry insiders, there are three ways to guarantee the borrower's loan risk: mortgage, pledge and guarantee. Before borrowing, we should fully understand the real purpose (residence or investment), income source and family status of the borrower, and take precautions by setting reasonable guarantee methods. From the perspective of practicality, feasibility and convenience, housing mortgage loan should be the most important guarantee method. There are two ways of pledge: chattel pledge and right pledge. It is almost impossible for the borrower to find a movable property that is roughly equivalent to the value of the house and recognized by the lender; With rights as collateral, the rights demanded by the lender are limited to certificates of deposit and bonds. In reality, there are only a few people who have deposits and securities roughly equivalent to the value of their houses, or who do not need to apply for loans. A unit or individual with sufficient compensation capacity acts as a guarantor of others' loans. In the case of relatives, the average person is unwilling to take this risk. Therefore, housing mortgage loan should be the most important means to resist loan risks.

In the early days of China's personal housing mortgage loan, due to the shortage of housing and imperfect laws at that time, the borrower could not move out after worrying about personal risks and could not apply to the court for enforcement. However, courts often refuse to accept such lawsuits on the grounds of social stability. With housing as collateral, it is difficult to guard against risks objectively. Secondly, because our real estate administration can't meet the needs of market development at present, the processing speed of housing property right certificate is slow, without property right certificate, mortgage registration can't be done, and mortgage can't be done either.

Preventing risks requires buyers to improve their legal concepts.

The most fundamental way to prevent the risk of personal housing mortgage loan is to gradually establish and improve the legal system, improve personal legal concept, and deal with those who maliciously fail to repay the loan. The government should strengthen the planning and management of land supply to ensure the stability of housing supply and housing prices; Strictly review the qualifications of development enterprises to ensure that the housing quality meets the standards; It is necessary to establish a perfect loan procedure; Improve loan efficiency through quality service, rather than simply simplifying loan procedures. Implement the whole process management of individual housing loans, especially post-loan management, and establish a perfect loan guarantee system. Establish housing mortgage, pledge, insurance and guarantee mechanisms, and use market mechanisms to disperse and transfer loan risks.