Need. Mortgage refers to the documents that the buyer must submit according to legal documents, such as filling out the mortgage loan application form to the bank and providing ID card, income certificate, house sales contract and guarantee. After passing the examination, the bank promises to issue loans to the buyer, and handle the real estate mortgage registration and notarization according to the house sales contract provided by the buyer and the mortgage loan contract concluded between the bank and the buyer. The bank directly transfers the loan funds to the seller's account within the time limit stipulated in the contract.

Procedure:

First of all, go to the bank to understand the relevant situation. And apply for personal housing loans with all relevant materials.

Then accept the bank's audit and determine the loan amount.

Next, the loan contract is handled, and the insurance is handled by the bank. Handle the registration and notarization of property right mortgage.

The last thing left is the cancellation of registration after the bank issues loans, the borrower repays on a monthly basis and pays off the principal and interest.