: Housing loan approval process:
1. Apply for a loan from the bank. Submit the original and photocopy of identity documents (referring to resident identity cards, household registration books and other valid residence certificates). Non-locals also need to provide valid certificates and copies of their spouses. If the borrower and spouse are not in the same household registration book, they must also provide a marriage certificate, 30% of the house price, 40% or more of the self-raised deposits of non-locals and proof of economic income issued by the work unit with repayment ability.
2. Determine the loan amount and term. If you are a resident of this city, the maximum loan amount is 70% of the house price, and the loan period is up to 20 years. For foreigners, the maximum loan amount is 60% of the house price and does not exceed 300,000 yuan, and the longest loan period is 10 year. Of course, this is a local policy. Provident fund loans and commercial loans have different requirements for loan terms.
3, the loan bank review. The loan bank examines the materials and certificates provided by the borrower, mainly examining whether the borrower belongs to the borrower, whether it meets the loan conditions and whether it has enough ability to repay the loan principal and interest, then determining the actual loan amount, and telling the borrower to promise the loan, and then signing the contract.
4. Notarize the house mortgage contract. After the contract is signed, you should go to the local notary office to notarize the mortgage contract, and the notarization fee shall be borne by the loan bank. Then, with the mortgage contract notarized by the notary office, go to the real estate registration department of the district and county where the purchased house is located, go through the insurance formalities of the purchased house and wait for the loan.