Mortgage real estate certificates can be used as mortgage loans, but bank mortgage loans with real estate certificates first need to review the lender's conditions, and secondly need to evaluate the value of the mortgaged property; however, due to the large changes in housing prices in recent years, the second mortgage of the property will Increases the risk of the bank, so the mortgage success rate will be relatively low; under normal circumstances, the mortgage loan amount of a house needs to reach 60 to 70% of the total value of the house. If it is too low, for example, 10% When you are thirty or forty, you will not be able to successfully obtain a loan.

What are the procedures for a real estate mortgage loan?

1. Choose a lending institution

If a home buyer wants to apply for a real estate mortgage loan, he first needs to choose a good one. Generally speaking, lending institutions can choose to apply for real estate mortgage loans at banks. The bank's loan interest rate is relatively low, and it is safe and reliable. However, the bank's approval speed and loan requirements are relatively strict. Although private loans have high interest rates, they have low review requirements and fast processing times. Therefore, choosing a lending institution that suits you is a crucial step in the entire loan process.

2. Write application and submit materials

After choosing a suitable lending institution, you must submit application materials in accordance with the requirements of the lending institution. The borrower and his spouse are required to have valid identity documents and household registration. Book, marriage certificate; personal income certificate; loan purpose certificate or statement; mortgage property ownership certificate; other documents or information required by the lending institution.

3. Preliminary review

The lending institution conducts a preliminary review of the home buyer’s mortgage loan information. This stage has nothing to do with the home buyer, as long as the home buyer submits true and reliable information. , meet the requirements of the lending institution, and will basically be approved.

4. Appraisal

Lending institutions will appraise the home buyers’ houses. Generally speaking, they have designated appraisal agencies, and they will charge a certain appraisal fee during the appraisal, which is usually Generally, it is about three thousandths to five thousandths, and the charges are charged in a progressive manner. Different assessment agencies also charge slightly different fees. In addition, the charging standards in different regions are also different.

5. Approval of loan and signing of contract

After the house passes the appraisal, the lending institution will review it again based on the information and appraisal report provided by the home buyer. After passing the review, the lending institution will Communicate with you about the loan amount, interest rate, term, repayment method and other issues. After the communication is completed, you can sign the loan contract.

6. Apply for mortgage registration

When applying for mortgage registration, buyers need to go to the housing management bureau where the house is located. When applying, buyers also need to prepare relevant materials: Proof of identity of the applicant , marriage status certificate, house registration application, house ownership certificate or "real estate rights certificate", state-owned land use certificate, mortgage contract and principal creditor's rights contract, and other necessary materials.

7. Loan

Finally just wait for the loan.