After the application is approved, you need to submit the information needed for the loan to the bank, which will review your information and tell you the result.
3. After approval, it is necessary to sign a secondary mortgage contract with the bank and go through the notarization procedures for the loan contract.
After the formalities are completed, the bank will give you a loan on the specified date.
Two mortgage conditions
1. The houses in the two mortgage loans are both residential and commercial.
2. The house used for personal housing in the second mortgage must be an existing house.
3. The house is a first-hand house purchased by bank mortgage loan.
4. The house has been registered as mortgage, and the bank is the mortgagee of the house.
The house has been insured by the bank, and the original policy is managed by the bank.
6. The house has a superior location, convenient transportation, complete facilities and strong mobility.
7. The borrower is a customer of the bank's first-hand mortgage loan, with stable income, good credit and strong repayment ability during the repayment process, and no interest default on the first-hand loan.
What is the rate increase of the second mortgage?
1. The bank's second mortgage interest rate is 8%-9% per year. At present, there are not many banks that can handle the second mortgage of housing, such as Guangfa Bank and Minsheng Bank. The loan term is 65,438+0-3 years, and the combined mortgage ratio (the ratio of the total amount of two outstanding loans to the property value) does not exceed 60%. Lending within 65,438+0-3 months. If you are not demanding on time, you can consider it. The twice mortgage interest rate of pawnshop 1.5%-2.5% per month, and the management fee is extra. The term is 5 days to 6 months, and the amount of two mortgages is 70% of the residual value of the house, and the loan will be released within 7 days. People who are pressed for time can consider it.
2. It is understood that the interest rate of real estate in two mortgage will fluctuate on the benchmark interest rate according to the qualification of the applicant. Relatively speaking, the loan interest rate of the first home loan will be much lower than that of the second home loan. If the property is in a secondary mortgage, the loan interest rate with high interest rate can rise by 40%-50% on the basis of the benchmark interest rate.
3. Take China Bank as an example, the two mortgage interest rate of its real estate should be the commercial loan interest rate of the same grade stipulated by the People's Bank of China. Foreign currency loans are subject to the same level foreign exchange loan interest rate stipulated by China Bank. If the loan term is less than one year, in case of legal interest rate adjustment, interest will be calculated at the original contract interest rate; If the loan term is more than one year, if the legal interest rate is adjusted, the new interest rate will be implemented on June 65438+ 10/the following year.