There are too many lending institutions and banks to handle real estate mortgage loans, so which one to choose has become a headache for many customers, because we have to consider security, interest rate, quota and loan, and the choice is very important. The speed difference between different banks and institutions may be about one month. So, which bank is good for real estate mortgage loans? Which bank has the lowest interest rate on real estate mortgage?

Comparing application conditions

Different banks have different conditions for applying for real estate mortgage loans, such as credit status, personal income, work unit, repayment ability, etc. Applying for real estate mortgage loan in a loan company mainly depends on whether the real estate value is high or not and whether it has the ability to realize cash. The credit situation is good or bad. Borrowers who are in debt can generally borrow from banks or loan companies as long as they can provide qualified real estate for mortgage.

Comparing loan interest rates

Compared with credit loans, the risk of real estate mortgage loan is lower, because there is real estate as a guarantee for bank lending. However, at present, the interest rates of mortgage products of various banks are different, and the loan interest rates of the same bank will be different in different regions.

At present, the mortgage interest rates of banks are all floating on the basis of the benchmark interest rate. In 217, the benchmark annual interest rate of banks is 4.35% for less than one year (including one year), 4.75% for one year to five years (including five years) and 4.9% for more than five years. Please refer to it.

Comparing the approval speed

There are many processes in the real estate mortgage bank, and the approval time will be longer. It takes about 2 working days at the earliest to get the loan. The loan company has simple procedures and quick approval, and it usually takes 1 working days to get the loan.

Comparative loan amount

Generally speaking, the amount of mortgage bank loans is related to the appraised value of the house, and the highest is about 7%.

generally speaking, it is not so easy to apply for bank loans, and the failure of application will also affect the credit record. In order to get lower financing cost and handle large bank loans conveniently and quickly, we usually go to professional institutions, such as Dongguan Fangsu Loan. With their professional industry knowledge, they can help customers solve intractable diseases in the financing process and choose the most suitable financing scheme from thousands of banks. Housing loan financing consultation hotline: 769-33888836