Loan conditions for foreigners to buy a house in Bazhou
1. Have valid residence status or permanent residence in cities and towns;
2. Good credit, a fixed occupation and stable income, and the ability to repay the loan principal and interest on schedule;
3. Having assets approved by the bank as collateral, or units or individuals with sufficient compensation capacity as guarantors, able to repay the loan principal and interest and bear joint and several liabilities;
4. If there is no housing subsidy, 20% of the total purchase price will be used as the down payment; Enjoy the purchase subsidy, and 20% of the individual's share is used as the down payment for the purchase;
5. There is a house purchase agreement or contract, and the price of the house purchased basically conforms to the evaluation value of the bank or the real estate appraisal agency entrusted by the bank;
6. Other conditions stipulated by the bank.
Procedures for foreigners to purchase houses with loans in Bazhou.
1. Application: the loan applicant and * * * together with the applicant apply for a loan at the management department where the housing provident fund is deposited, and the borrower fills in the Application Form for Provident Fund Loan.
2. Preliminary review: the accepting personnel conduct preliminary review of the materials according to the loan policy, enter information in the form, and after passing the examination, the system outputs the contract text and loan receipt.
3. Signature: the loan applicant and * * * together with the applicant sign at the position specified in the above loan words and the bank withholding agreement.
4. Handling insurance: loan applicants and applicants go to the insurance company window to handle insurance, loan repayment guarantee insurance, property loss insurance and mortgage procedures.
5. Lending: After the mortgage formalities are completed within the publicity period, the management department of Core will review the receipt and loan materials, entrust the bank to transfer the loan to the bank card, and the borrower will collect it from the entrusted bank with the original ID card.
6. Repayment: The borrower shall deposit the repayable principal and interest into the bank card within the time limit agreed in the bank withholding agreement every month, or repay the loan at the bank window, until the loan is fully paid off.
Loan materials for foreigners to buy houses in Bazhou.
*** 1*** ID card;
* * * 2 * * proof of marital status;
***3*** Proof of repayment ability and income;
***4*** Proof that the down payment for house purchase has been paid;
* * * 5 * * A legally binding commercial housing sales contract signed with a real estate developer;
***6*** If * * * has the same borrower or owner, * * * must provide relevant identity documents and a pledge to agree to mortgage, and if * * * has the same borrower, it must also provide proof of repayment ability;
Saving money skills of buying a house loan
Tips for saving money 1: refinancing
Mortgaging, commonly known as "mortgage job-hopping", means that a new loan bank helps customers find a guarantee company, pays off the money of the original loan bank, and then reapplies for a loan at the new loan bank. If the lender's current bank can't give you a 30% discount on mortgage interest, you can completely jump ship and find a more affordable bank. It is understood that most small joint-stock banks are more willing to actively strive for customers. Of course, refinancing will also have some inevitable expenses, including guarantee fees, evaluation fees, mortgage fees, notarization fees and so on. However, some banks have specially launched "low-cost lending" services to attract customers, such as "guarantee fees", and the remaining fees are probably less than 1000 yuan.
Secret of saving money 2: Adjust the interest rate every month.
Since 2006, many commercial banks have launched fixed-rate mortgage business. Because the fixed interest rate was in the interest rate rising channel when it was introduced, it was slightly higher than the floating interest rate in the same period when it was designed. As long as the central bank raises interest rates once, its advantages will immediately appear. But once the interest rate is cut, the buyers who choose it will suffer. Therefore, under the current trend of interest rate cuts, it is cost-effective to quickly switch to floating interest rates if citizens choose a fixed mortgage interest rate before. However, it should be reminded that changing "fixed" to "floating" requires a certain penalty.
It is worth mentioning that some banks have introduced the method of "monthly interest rate adjustment". If the interest rate is in the downward channel, customers should choose "monthly interest rate adjustment" and then enjoy interest rate reduction in the next month.
Tip 3: Save interest every two weeks.
Although the same amount of mortgage is still paid every month, because the "biweekly mortgage" shortens the repayment period and is higher than the original monthly repayment frequency, the loan principal generated decreases faster, which means that the loan interest returned during the whole repayment period will be far less than the loan interest returned during the monthly repayment period, and the principal reduction speed will be accelerated. Therefore, the repayment period is shortened and the total expenditure of the borrower is saved.
The disadvantage is that the date of monthly repayment to the bank will be advanced, and one month's loan will be repaid one year later, which increases the pressure on lenders who are not well off every month. Therefore, for people with stable jobs and stable incomes, it is very appropriate to choose biweekly payment.
Tips for saving money 4: repay the loan in advance to shorten the term.
The financial planner said that it is necessary to settle accounts before repaying the loan in advance, because not all loans in advance can save money. For example, if the repayment period is over half and the principal in the monthly repayment amount is greater than the interest, then the significance of early repayment is not great.
In addition, after some loans are repaid in advance, the remaining borrowers should choose to shorten the loan period instead of reducing the monthly repayment amount. Because the interest charged by banks is mainly calculated according to the time cost occupied by the loan amount, shortening the loan period can effectively reduce interest expenses. If the loan term is shortened, it can be classified into a term grade with lower interest rate, and the effect of saving interest will be more obvious. Moreover, in the process of interest rate reduction, the interest rate of short-term loans tends to fall even more.
Tips for saving money 5: transfer to provident fund to repay the loan.
When applying for portfolio loans, on the one hand, buyers should make full use of provident fund loans, extend the loan life as much as possible, while enjoying the benefits of low interest rates, greatly reduce the monthly repayment amount of provident fund, shorten the term of commercial loans, and increase the monthly repayment amount of commercial loans as much as possible within the family's economic affordability. In this way, the monthly contribution structure will show a state of less provident fund share and more business share. After the provident fund account is used to offset the monthly payment of the provident fund, the balance can be used to offset commercial loans, thus saving considerable interest.