The housing loan process is as follows:

1. The borrower needs to fill in the Application Form for Mortgage of Residential Houses and submit the following materials to the loan bank: income certificate issued by the borrower company, valid identity certificate of the borrower, house ownership certificate in compliance with the law, real estate mortgage appraisal report, appraisal certificate, house purchase contract and other documents or materials required by the bank.

2. The loan bank examines the lender's application, purchase contract and submitted materials.

3. The borrower shall hand over the property certificate of the house to be mortgaged to the bank for safekeeping.

4. The guarantor of the borrower and the lender shall sign a housing mortgage loan contract and conduct relevant notarization.

5. After signing the loan contract, the bank will release the loan after completing the internal seal process.

Under normal circumstances, when a loan bank issues a loan, the loan amount cannot be greater than the value of the house to be purchased assessed by the mortgaged real estate appraisal agency.

Housing loan, also known as housing mortgage loan, is an application form for housing mortgage loan, ID card, income certificate, housing sales contract, guarantee and other legal documents filled out by the buyer to the loan bank. , must be submitted. After passing the examination, the loan bank promises the loan to the buyer, and handles the real estate mortgage registration and notarization according to the house sales contract provided by the buyer and the mortgage loan contract concluded between the bank and the buyer. The bank directly transfers the loan funds to the sales unit within the time limit stipulated in the contract.

Repayment method:

Introduction:

There are two repayment methods for housing loans with a loan term of more than one year: average capital repayment method and matching principal and interest repayment method.

Average capital:

It is to divide the total loan into equal parts during the repayment period, and repay the equal principal and interest generated by the remaining loans in the current month every month.

Monthly repayment amount = (loan principal/repayment months) (principal-accumulated amount of repaid principal) × monthly interest rate.

Features: Because the monthly repayment amount is fixed and the interest is getting less and less, the lender is under great pressure to repay at first, but with the passage of time, the monthly repayment amount is getting less and less.

Equal principal and interest:

During the repayment period, the same amount of loans (including principal and interest) will be repaid every month.

Monthly repayment amount = [loan principal × monthly interest rate ×( 1 monthly interest rate) repayment months ]=[( 1 monthly interest rate) repayment months]

Features: Compared with the repayment method in average capital, the disadvantage is that there are more interests. The interest in the initial repayment period accounts for most of the monthly contributions. With the gradual return of the principal, the proportion of the principal in the contributions increases. However, the monthly repayment amount of this method is fixed, which can control the expenditure of family income in a planned way and facilitate each family to determine the repayment ability according to their own income.

Whether it is equal principal and interest repayment method or average capital repayment method, the nature of interest will not change. Generally speaking, matching the principal and interest will pay a little more interest than the average capital. . But the premise is that the loan period is sufficient. It seems that the bank has recovered the interest, but in fact, with the reduction of the principal, the average capital repayment method can speed up the repayment, withdraw the funds as soon as possible, reduce the operating cost and help reduce the risk coefficient. In the actual operation process, the matching of principal and interest is more conducive to the borrower to master and facilitate repayment.

In fact, after comparison, most borrowers still choose the method of matching principal and interest, because this method has a fixed monthly repayment amount, is easy to remember, and the repayment pressure is balanced, which is actually not much different from the average capital. Because these borrowers also see that the use value of funds varies with time, simply put, the repayment method of equal principal and interest is to pay more interest because of long-term occupation of the bank's principal; The repayment method of equal principal takes up the bank principal for a short time, and the interest will naturally decrease. There is no problem that banks lose money and earn more interest.

The two repayment methods are essentially the same, and there is no distinction between advantages and disadvantages. Only when the demand is different can there be different choices. Because the repayment pressure of equal principal and interest is balanced, but it needs to pay more interest, which is suitable for people who have some savings, but their income may be flat or declining, and their living burden is increasing day by day, and they have no plans to repay in advance. In the average capital repayment method, because the borrower can repay the principal faster, it can pay less interest, but the amount of repayment in advance is larger, which is more favorable because it is suitable for people with higher income at present, or those who expect a substantial increase in income in the near future and are ready to repay in advance.

Housing mortgage loan handling process

The detailed process of housing mortgage loan is as follows: 1. The applicant provides information to the lending institution; 2. Investigate the applicant and estimate the value of the collateral; 3. The lending institution initially sets the loan amount; 4. Handling entrustment notarization and loan notarization; 5. The lending institution accepts the relevant documents of the applicant; 6. Go through the mortgage registration formalities, and the mortgage institution lends money. Mo Long is recommended as the mortgage loan, and the unsecured loan can be extended as soon as 1 day. Apartment stores can also apply, and they can be postponed for 2 hours at the earliest, without mortgage loans, which is worth choosing. Submit the required documents. House inspection and evaluation. Evaluate according to the location, floor, area and orientation of the collateral. After housing evaluation, it is necessary to go through the formalities of examination and approval of real estate insurance and corresponding loans, and issue loan contracts and mortgage contracts for those who agree to the examination and approval. Mortgage registration. The borrower holds the real estate license and loan contract to the district and county real estate bureau where the real estate is located for mortgage registration, and the agency expenses shall be borne by the borrower. After the mortgage registration, the bank can issue loans to the borrower's personal savings account.

What is the process of housing loan?

Housing loan processing flow:

1 First, choose the house to buy and sign the purchase agreement or contract.

2. When submitting a mortgage application to a commercial bank, you need to prepare the application materials in advance, such as ID card, household registration book, marital status certificate, work certificate, income certificate, down payment settlement certificate, etc.

3. The bank will examine the materials and applications you submitted.

After the approval, the bank will sign a mortgage contract with you.

5. Then go to the Housing Authority for mortgage notarization and other procedures.

6. After the formalities are completed, the relevant documents are handed over to the bank, and the bank begins to lend money according to the contract.