At present, the price of the house is very high. Many people bought a house with a loan to meet the housing demand, and the money in their hands was not enough for later decoration, so they wanted to decorate it through decoration loans. In fact, banks also have specific plans for decoration loans. Many people don't know much about it, and they don't know what information they need to prepare to apply for a decoration loan. Then Bian Xiao will tell you what materials are needed for the renovation loan? How to apply for a decoration loan?

What materials do you need for renovation loans?

Different decoration loan methods need different materials:

1, personal credit loan. The applicant's valid identity document, work certificate, income certificate and residence certificate are required.

2. Personal consumption loan decoration loan. In addition to the applicant's ID card, work certificate, income certificate, residence certificate, etc. You also need to provide a real estate license for mortgage.

3. Credit card home decoration loan. You are required to provide credit card, real estate license or purchase contract agreement, bank loan contract, etc.

How to apply for a decoration loan

Step 1: To purchase commercial housing and affordable housing, while signing the purchase contract with the house selling unit, the house selling unit will receive the Approval Form for Housing Provident Fund Loan Application, fill in the form and prepare relevant materials to determine the loan amount; Construction and overhaul of self-occupied housing, with the approval documents of the land and planning management department, apply for loans to the housing provident fund management center; The purchase of private houses (second-hand houses) with complete property rights shall be applied to Changfang Replacement Guarantee Co., Ltd.

Step 2: The house selling unit or guarantee company submits the borrower's information together with the purchase contract, down payment receipt and other materials to the municipal housing provident fund management center for review.

Step 3: After the housing provident fund management center passes the examination, notify the borrower to sign a loan contract with the bank. And handle the contract notarization, collateral insurance and other related procedures.

Step 4: If the commercial housing and affordable housing built by the developer who signed the housing provident fund loan cooperation agreement with the center are purchased, the developer shall undertake joint liability guarantee for the borrower by stages before the house is formally mortgaged; To purchase a second-hand house with property right certificate and land certificate, you should go directly to the mortgage department of the city real estate trading center for mortgage registration, and go through the relevant formalities to the property right registration and certification center for other house warrants; The purchase of second-hand houses with property certificates and no land certificates shall be borne by the guarantee company.

Step 5: After the borrower has gone through all the above procedures, the Center will issue a "Decision on Granting Lending" to the entrusting bank to inform the bank to lend money.

Step 6: The borrower repays the bank on a monthly basis according to the monthly repayment amount agreed in the loan contract.