1. Borrower prepares relevant materials: Before the loan, the borrower needs to provide many materials to the bank, including ID card, household registration book, marriage certificate, real estate license and house purchase contract.
2. The bank runs the road: According to the value of the house, the bank's mortgage amount is different. In addition to mortgage real estate license, banks also need borrowers to have good credit and economic strength in order to better avoid risks, so most banks will require borrowers to provide bank running statements of their personal accounts for nearly half a year.
3. Apply for a loan from the bank: the amount of housing loan is generally more than 5,000 yuan, and the value of the property is less than 70%. The expected annualized interest rate of the loan will rise by a certain percentage according to the benchmark expected annualized interest rate of the central bank. The loan term is generally 5 to 30 years, and the repayment methods generally include equal principal and interest, equal capital and so on. The former has less repayment pressure in the early stage and the latter has less repayment pressure in the later stage, so the borrower can choose flexibly according to his own situation.
4. Bank review of mortgage: After applying for mortgage, the bank began to review the qualifications of borrowers.
5. After the bank has passed the examination of the borrower's mortgage and agreed to issue the loan, the borrower needs to go to the local delivery room management department at or above the county level and go through the mortgage registration formalities with the bank clerk.
6. The bank obtains the real estate license and lends money: after the above procedures and processes are completed, the bank will lend money to the borrower. But because it is a housing loan, generally speaking, the bank loan will directly hit the account of the real estate developer and will not be paid directly to the borrower.
Extended data:
Application conditions for mortgage loan of real estate license:
1, a natural person with full capacity for civil conduct, aged between 18 (inclusive) and 65 (exclusive); Foreigners and residents of Hong Kong, Macao and Taiwan who are borrowers should have lived in People's Republic of China (PRC) for one year and have a fixed residence and occupation;
2. Have legal and valid identity certificate, household registration certificate (or valid residence certificate) and marital status certificate (or unmarried statement);
3. Have a good credit record and willingness to repay;
4, with a stable source of income and the ability to repay the principal and interest in full and on time;
5, can provide legal, effective and reliable housing mortgage loans recognized by the bank;
6. Open a personal settlement account in a bank;
7. Other conditions stipulated by the bank.
According to the scope of collateral, it can be roughly divided into six categories:
(1) Inventory mortgage, also known as commodity mortgage, refers to the mortgage of various commodities held by employers and enterprises, including commodities, raw materials, products in process and finished products, and applies for loans from banks.
(2) Customer account mortgage refers to the short-term loan secured by accounts receivable;
(3) Securities mortgage, in which stocks, bills of exchange, promissory notes, certificates of deposit, bonds and other securities are used as collateral to obtain short-term loans;
(4) Equipment mortgage refers to mechanical equipment, vehicles, ships, etc. As a guarantee for obtaining regular loans from banks;
(5) Real estate mortgage, that is, the borrower provides land, houses and other real estate mortgages to obtain loans;
(six) mortgage of life insurance policy refers to the establishment of mortgage right on the claim of insurance money. It takes the surrender amount of life insurance contract as the limit, and the insurance policy as the mortgage to issue loans to the insured.
References:
Baidu encyclopedia-mortgage loan