I. One-time mortgage repayment process
1. Users need to contact the loan bank to apply first, and then arrange the deposit of funds after the other party agrees to the requirement of early settlement, otherwise they will only deduct the current part if they deposit their money in the bank. In addition, for early settlement, banks will have requirements, such as loans or 1 year.
2. With the consent of the bank, users need to carry personal ID cards, loan contracts, repayment cards, property certificates, etc. Go to the bank counter and the other party will ask you to deposit the money in the designated repayment card.
3. The bank will automatically deduct the money in the repayment bank card, give the user a deduction document, and hand it over to the staff with the deduction document, and the other party will issue a settlement voucher.
4. The bank staff will take away his rights and go to the Housing Authority with the borrower to cancel his rights. After handling, the house will belong to the full amount.
2. To apply for a loan from a bank, the following conditions shall be met:
1, with urban permanent residence or valid residence status;
2. Have a stable occupation and income;
3. Good credit and the ability to repay the loan principal and interest on schedule;
4. There are assets recognized by the lender as collateral or pledge, or units or individuals that meet the prescribed conditions and have compensatory ability as guarantors to repay the principal and interest of the loan and bear joint and several liabilities;
5, there is a contract or agreement to buy housing;
6. The price of the purchased house basically conforms to the appraisal value of the lender or the real estate appraisal agency entrusted by it;
7, do not enjoy the purchase subsidy, with not less than 30% of the total price of the purchased house as the down payment; Enjoy the purchase subsidy, and the individual will bear 30% as the down payment;
8. Other conditions stipulated by the lender.
Three. When applying for a loan, the borrower shall submit the following materials to the lender:
1, identity document (resident identity card, household registration book or other valid residence documents);
2. The borrower's economic income or solvency certificate issued by the lender's examination and approval department;
3. Letter of intent, agreement or other approval documents of the house purchase contract that meet the requirements;
4. List of collateral or pledge, certificate of ownership, certificate of consent of the mortgagee or pledgee, and certificate of collateral valuation;
5. The guarantor agrees to provide written guarantee documents and credit certificate of the guarantor;
6. If savings deposits are used as self-raised funds, bank deposit certificates are required;
7. If the housing provident fund is used for self-financing, it is necessary to provide proof that the housing provident fund management department has approved the use of provident fund deposits;
8. Other documents or materials required by the lender.
legal ground
China Industrial and Commercial Bank on Printing and Distributing
Article 2 Individual housing loans (hereinafter referred to as loans) refer to loans granted by lenders to borrowers for purchasing ordinary housing for their own use. When the lender issues a loan, the borrower must provide a guarantee. Loan guarantee can be in the form of mortgage, pledge and guarantee respectively, or the above three guarantee methods can be used at the same time.
If the borrower fails to repay the principal and interest of the loan at maturity, the lender has the right to dispose of its collateral or pledge according to law, or the guarantor shall be jointly and severally liable for repaying the principal and interest.