After the housing loan is approved, the money will be transferred to the account designated by the developer's account. After the mortgage loan is approved, the contract is signed, and the relevant procedures are completed, the handling bank usually transfers the loan funds to the bank card designated by the developer, and then transfers the loan funds from the borrower's account to the bank card designated by the real estate developer. in the account. This is done to ensure that the loan funds are used for the intended purpose.

When can you repay the mortgage after the mortgage is processed?

1. Generally speaking, the house you buy, whether it is a first-hand house or a second-hand house, is usually paid after the bank loan. Start repaying the loan every month.

2. Among them, the problems encountered in off-plan housing will be slightly more complicated, and the time is more difficult to determine. The developer can apply for a mortgage only after obtaining the pre-sale certificate. Usually, a pre-sale permit can only be applied for when the roof of a multi-story residential building is capped, and a pre-sale permit can also be applied for when a high-rise building reaches two-thirds of the cap.

3. Some people may not be able to apply for a mortgage loan when the house is purchased off-plan. The loan procedures you go through when purchasing a house are actually just pre-approval by the bank. The loan will not be officially released until the off-plan house has received the pre-sale license, and repayments will not begin until the following month.

4. Therefore, buyers of off-plan properties will have a gap of one and a half years or even longer from loan approval to formal repayment, depending on when the construction of the house can meet the pre-sale standards. .

Can the mortgage repayment time be changed?

The mortgage repayment date cannot be modified. This is because:

1. The repayment date is based on the loan date, that is, the loan starts accruing interest, so the date cannot be adjusted. The repayment date is clearly marked on the home purchase contract when you take out the loan.

2. When the lender goes through the mortgage loan procedures, the bank has already set the repayment date in the computer system. The entire computer system cannot be changed casually, and it will be messed up if it is changed.