1, the interest rate has changed, and the monthly repayment will also change in the later period. So it needs to be re-signed.
2. Conversion channels include mobile banking and smart cabinets.
Machine, SMS banking and banking outlets. Take ICBC as an example, its mobile banking can support "one-key conversion", which is convenient and fast. As for the handling of outlet channels, the bank said that it can choose any loan service bank to make an appointment, without going to the outlet of the original loan bank.
For example, Mr. Zhang borrowed money from one branch, and now he can handle it offline from another branch. As it is currently during the epidemic, many banks have reminded that they can handle it online as much as possible. If it is really necessary to handle offline, you can choose to handle it after the end of the epidemic, and try to avoid the peak period of the beginning and end of the pricing benchmark conversion, and handle it in a decentralized manner during the conversion period.
What about the previous contract after the mortgage interest rate is changed to lpr?
After the mortgage interest rate is changed to lpr, it is necessary to re-sign a loan contract with the bank. After the new contract is signed, the old contract will be invalid. Re-signing the contract not only needs to change the mortgage pricing benchmark interest rate to LPR, but also needs to choose the effective period of LPR interest rate. The shortest term is 1 year, and the longest term is the whole loan term.
Of course, each user can only convert the mortgage interest rate into LPR interest rate once, and it cannot be changed after the conversion is successful.
Does the adjustment of mortgage interest rate need to sign a new contract?
1. If the user chooses the positive and negative interest rate of LPR as the mortgage contract interest rate, it is necessary to re-sign the contract. Mortgage contracts are signed at a fixed interest rate, and users still want to use the fixed interest rate. At this point, there is no need to re-sign the contract, which is equivalent to the user automatically giving up the choice of LPR. After the loan contract is re-signed, the monthly payment will change.
2. Re-signing the contract also gives users the opportunity to choose fixed interest rate or LPR.
Do you need to sign a new contract for more information about the adjustment of mortgage interest rate? Go to: See more.