According to the Regulations on Urban Real Estate Development and Management, a house bought by mortgage is a house, but it is still under construction. However, the buyer and the seller agreed on the delivery time, and the house down payment has been paid. The loan applicant has the right to use the mortgaged house, but the right to buy and sell the house belongs to the bank After the loan is paid off, you can go through the mortgage formalities and redeem the ownership of the house.
The process of mortgage house handling is as follows: before handling the loan, the borrower should find out whether the purchased building has a letter of commitment from the bank to provide personal housing mortgage loan, then the borrower applies for personal housing mortgage loan, fills in the loan application approval form, and submits relevant materials (original and photocopy of down payment certificate, sales contract, ID card, proof of economic income source, etc.) to the loan bank; Developer: As the loan guarantor, sign and seal the "Guarantor's Opinion" column of the loan application approval form; Loan bank: the bank staff will review all the materials and documents submitted by the loan applicant and approve them step by step;