What is the process of applying for mortgage loan with real estate in a bank in Beijing?

◆ The borrower applies to the bank and submits relevant materials.

◆ Conduct real estate appraisal and pre-loan investigation and approval.

◆ Pass the examination and approval and go through the mortgage registration formalities.

◆ When granting loans, the borrower will repay the loan principal and interest on a regular basis as agreed in the contract.

◆ Settle the loan principal and interest and recover the mortgaged house.

Materials:

(1) Identity documents (including ID card, military officer's card, household registration book, temporary residence permit, etc. );

(2) the spouse's identity certificate (including ID card, military officer's card, residence booklet, temporary residence permit, etc.). );

(3) proof of income (format stipulated by the bank) and proof of income flow;

(4) Marriage certificate (marriage certificate, single certificate, divorce certificate or divorce judgment);

(5) Copy of the business license of the company (stamped with the official seal of the company)