How to get a home mortgage loan

A home mortgage is a kind of personal financing business in which the borrower mortgages the property in his name to the bank after evaluation. It is suitable for those who are not very rich or want to A good choice for people who have errands to run. It is a standard business, so how do you get a house mortgage loan? Let’s talk about it together!

How to get a house mortgage loan

1. The borrower needs to have a house with a real estate certificate. Then fill in the residential mortgage application form and submit it with other materials to the bank;

2. The bank will review the borrower's application;

3. The borrower needs to mortgage the The property ownership certificate is handed over to the bank for collection;

4. When the guarantors of both parties sign a mortgage loan contract, it must be notarized;

5. The bank transfers the loan amount to the amount specified in the agreement through transfer in the account;

6. Finally, you need to decide how to settle the loan. There are two types:

① Normal settlement requires a one-time principal payment on the loan maturity date. interest type) or the loan will be settled in the later period (installment type);

② It can also be settled in advance. Before the loan maturity date, according to the loan contract, repayment is proposed to the bank in advance After the application is approved by the bank, go to the accounting counter for repayment.

Information required for mortgage loan

1. Real estate certificate. The applicant must have a valid real estate certificate, and the land certificate must also be given to the bank;

2. ID card and household register of the applicant’s spouse;

3. Applicant’s marriage certificate (or unmarried certificate);

5. Proof of income (this certificate is important for the success rate of the loan) The impact is greater;

6. If the owner of the property certificate has underage children, please provide a birth certificate;

7. If there is real estate in the property, other property certificates are also required ( Such as obtaining real estate certificates, stocks, funds, cash passbooks, vehicle driving licenses, etc.);

Editor’s summary: The above is a detailed explanation of how to get a house mortgage loan. When taking out a house mortgage loan, you must remember to follow the instructions repay the loan, otherwise the bank has the right to sell the house to offset the debt. Moreover, the credit record of the borrower applying for a mortgage loan is very important. If the credit is not enough, no matter how valuable the property is, the bank will not accept the personal property mortgage. Loan.

How to get a house mortgage loan

1. Go to the bank directly to meet the following conditions:

a. The house needs to meet the bank’s requirements: Under normal circumstances, banks accept properties that are less than 20 years old, have clear property rights, and can be listed on the market.

b. The credit situation is consistent: The account manager of this bank will help you check your credit situation. If it is too bad, the bank will not accept it.

c. The homeowner’s repayment ability: It is not enough that you have collateral, but you must also have the ability to repay the loan. For example, you must have a stable income. For a 10-year loan, the monthly repayment is about 12,000. You must have enough ability to repay the monthly payment and guarantee your life.

2. The process and conditions are basically the same as entrusting a guarantee company. The bank is the same, but the procedures are handled by the guarantee company. The guarantee company has long-term cooperation with the bank, so it has advantages in terms of interest rate, processing speed, and loan application. Of course, the customer has to bear a certain service fee. < /p>

The basic process is as follows: sign a loan contract--evaluate the house--loan approval--construction committee does mortgage registration--loan

Time: generally takes about 1 month

Conditions for applying for a real estate mortgage loan:

1. The applicant is over 18 years old,

2. Has a stable job and income, and good personal credit;

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3. Other conditions stipulated by the bank you are applying for.

4. Generally, the age of the property must not be too high (very few banks will accept properties over 20 years old).

5. It is generally required that there is no mortgage on the property (or the mortgage loan has not been paid off), unless the previous loan can be repaid before the loan is issued.

Extended information:

Housing mortgage loans are provided by banks to ensure the safety of the loan by legally obtaining the lien and pledge rights on the borrower's property through certain contracts through the borrower's real estate, securities and other documents. A type of loan.

This kind of loan is actually a legal transfer of property ownership by the debtor (mortgagor) to the creditor (mortgagee) to obtain a loan. During this period, if the debtor cannot repay the loan principal and interest on time, the creditor has the right to dispose of the mortgaged property and Loans that can be repaid first.

This kind of loan can reduce the creditor's loan risk and provides the most effective guarantee for the creditor to recover the loan. The use of mortgage loans in housing credit is based on the safety, liquidity and profitability of bank operating funds. Since most of the borrowers of this housing loan are individual residents, it is impossible for the bank to clearly understand the borrower's financial strength and creditworthiness, which increases the risk of bank loans, and mortgage loans are precisely when loan risks are relatively high. , providing creditors with an effective guarantee to recover their loans. Therefore, banks mostly use mortgage loans to provide housing loans to individual residents