With the continuous rise of house prices, more and more people are ready to sell real estate, including many people who bought real estate for the purpose of real estate speculation. Some people's houses still have some loans, so I don't know whether the houses with loans can be sold. So, how to sell a house bought with a loan? How to borrow housing loans? Take a look at the article.
How to sell a house bought with a loan?
1. Re mortgage. This is a simple and direct method. It refers to the loan to sell or transfer personal housing to a third party and apply for personal housing loan, change the loan term, change the borrower or change the collateral. However, there are few banks that can handle mortgage transfer, so this method is used for house transfer.
2. Use the buyer's down payment to pay off the remaining loan. This is a common way in second-hand housing transactions. This model is only applicable when the seller's loan amount is low or the seller has repaid more than half of the loan, the number of remaining loans is small, and the buyer has sufficient funds to pay the down payment. In this case, the seller can smoothly cancel the mortgage record of his real estate, so as to successfully transfer his house.
3. Use bank loans to pay off the remaining loans. The seller can consider using other collateral under his name to settle his real estate mortgage. In this method, when the buyer wants to pay off the loan before selling the real estate, but the seller does not bear the large down payment, a necessary premise is that the buyer has the collateral approved by the bank and applies to the bank.
How to borrow housing loans?
1. Choose a lending institution: the first step in handling real estate loans is to choose a good lending institution. Although the bank loan interest rate is low, safe and reliable, its approval speed and loan requirements have always been a hard wound. Although private lending has many interest rates, it has low audit requirements and fast processing speed. Choosing a suitable lending institution is a crucial step in the whole loan process.
2. Write the application submission materials: after selecting the organization, you can submit the application with the materials required by the application organization.
3. Preliminary review: we have nothing to do at this stage. The loan will make a preliminary review of the basic materials we handed in before, and the review meets their requirements.
4. Evaluation: General lending institutions, especially banks, require to go to designated or recognized evaluation institutions for evaluation. Evaluation fees will be charged during evaluation. The fees charged by different countries are not necessarily the same, and the charging standards in different regions are also different.
5. Approve the loan and sign the contract: the loan institution will review it again according to the previously submitted materials and evaluation report. If it is approved, it will communicate with you about the loan limit, interest rate, term, repayment method and other issues. After communication, you can sign the contract.
6. Handle mortgage registration and loan.