Mortgage loan process
1, apply
The customer submits a written loan application to the bank and submits relevant materials.
2. Sign a contract
After receiving the notice of loan approval from the bank, the loan applicant shall sign a loan contract and a guarantee contract with the loan bank, and handle notarization, mortgage registration, insurance and other related procedures as appropriate.
3. Open an account
Customers who choose the entrusted deduction method for repayment need to sign an entrusted deduction agreement with the bank, and open a special savings passbook account or savings card or credit card account for repayment at the business outlets designated by the lending bank. At the same time, the seller should open a settlement account or deposit account in the loan bank.
4. Withdrawal of loans
With the consent of the lending bank, the lending bank will directly transfer the loan to the deposit account opened by the borrower in the lending bank according to the loan contract, or transfer the loan to the deposit account opened by the seller in a lump sum or in installments.
5. Repayment on schedule
The borrower repays the loan principal and interest according to the repayment plan and repayment method agreed in the loan contract. There are two repayment methods available: entrusted deduction and counter repayment.
6. Loan settlement includes early settlement and normal settlement.
① Early settlement refers to the settlement of the loan before the maturity date of the loan (one-time repayment of principal and interest) or the last installment of the loan (installment loan).
② Normal settlement refers to the settlement of the loan on the maturity date of the loan (one-time repayment of principal and interest) or the last installment of the loan (installment loan).
Note: To settle the loan in advance, the borrower shall apply to the lending bank for early settlement 10 working days in advance after paying off all the payables. After the loan is settled, the borrower shall obtain the loan settlement certificate from the lending bank, retrieve the real estate ownership mortgage registration certificate and the original insurance policy, and go through the mortgage registration cancellation formalities with the loan settlement certificate issued by the lending bank.
Extended data:
I. Requirements of the Borrower
1, natural person aged 18-60 (Hong Kong, Macao and Taiwan and foreigners are also allowed)
2, with a stable occupation, stable income, the ability to repay the loan principal and interest on schedule.
3. The actual age of the borrower and the loan application period should not exceed 70 years old.
Second, the mortgage loan materials
1, 3 originals and photocopies of the ID card and household registration of the applicant and spouse (if the applicant and spouse do not belong to the same household registration, a marriage certificate shall be attached).
2. Original house purchase agreement
3. Original and photocopy of advance payment receipt for 20% or more of house price 1 copy.
4. Proof of the applicant's family income and relevant assets, including payroll, personal income tax bill, income certificate issued by the unit, bank deposit certificate, etc.
5. The developer's collection account number 1 copy.
6. ID cards of both husband and wife, household registration book/temporary residence permit and household registration book for foreigners.
7. Two copies of marriage certificate/divorce certificate or court judgment/single certificate.
8. Proof of income (format specified by the bank)
9. Copy of the business license of the unit (with official seal)
10. Credit certificates include academic credentials, other properties, bank running water, certificates of deposit, etc.
1 1. If the borrower is an enterprise legal person, it must also provide the annual business license, tax registration certificate, organization code certificate, articles of association and financial statements.
Baidu Encyclopedia-Housing Loan
Baidu Encyclopedia-Housing Loan