Home decoration loans are issued by banks to individuals, and individuals must apply for them themselves, and home improvement companies cannot do it on their behalf. The loan has been started in several banks, and the loan must provide effective pledge, mortgage or third-party guarantee. Under normal circumstances, banks only use mortgage loans. In principle, the loan amount for home decoration shall not exceed 15, yuan, and shall not exceed 7% of the total cost of the decoration project, and the longest loan period shall not exceed 5 years. The loan interest rate is subject to the interest rate stipulated by the People's Bank of China. \xd\ The object of home decoration loan is the residents who have full capacity for civil conduct, own their own houses and have valid residency. To apply for a housing renovation loan in a bank, you must go through the following procedures (using a mortgage loan). \xd\ 1. Fill in the personal housing decoration loan application form. \xd\ 2. Provide valid certificates and photocopies (resident ID card, household registration book and other valid residence certificates). \xd\ 3, home decoration project contract. \xd\ 4. Proof of economic income recognized by the bank. \xd\ 5. Provide housing property certificate or house sales contract or pre-sale contract of commercial housing. \xd\ 6. Mortgage guarantee materials: list of collateral, ownership certificate (pledge letter of the property owner) and collateral appraisal report. \xd\ 7. Other information to be provided. \xd\ Precautions \ xd \ xd \ Then, sign a personal housing loan contract with the bank. After the bank approves it, directly transfer the money to the designated account, and you can use this money to decorate the house. Don't forget to repay the loan.