The house has great value-added space, so people with slightly better conditions will buy a second suite. However, there are not many people who can buy a house in full. Most of them choose mortgage. What conditions do you need for second house mortgage?
What conditions do you need for second house mortgage?
1. A natural person with full civil capacity has stable economic income and the ability to repay the principal and interest of the loan on schedule; And there is a contract or agreement for the purchase of housing;
2. When it comes to how to handle second-hand housing mortgage loans, there must be assets recognized by the lender as collateral or pledge, or units or individuals that meet the specified conditions and have the ability to compensate as guarantors to repay the loan principal and interest and bear joint and several liabilities;
3. The purchased second-hand house must meet the conditions for circulation in the real estate market stipulated by the government, have the house ownership certificate, land use certificate and deed certificate, and the seller has the right to dispose of it completely;
4. The price of the purchased house basically conforms to the appraisal value of the lender or its entrusted real estate appraisal agency;
5. There shall be a down payment of no less than 30% of the purchase price, and other conditions stipulated by the lending institution.
6. These are the conditions required for handling second-hand housing mortgage loans. If you want to apply for second-hand housing mortgage loans, you must meet these basic conditions. Next, let's see how to handle second-hand housing mortgage loans.
How to handle second-hand housing mortgage loan?
1. Determine the loan bank and loan scheme. Before handling the loan, the borrower shall first determine the loan bank with the intermediary, put forward loan consultation to the loan bank and determine the loan scheme;
2. Sign the house sales contract. The borrower and the seller sign a house sales contract. Due to the different requirements of the trading center, some places need to handle the house transfer at the trading center in the region after the contract is signed;
3. Prepare loan materials and review loan qualification. On how to handle the second-hand housing mortgage loan, the borrower first prepares the loan information according to the bank's requirements, and some houses need to be evaluated by the designated evaluation company; And reviewed by the bank;
4. Sign loan agreement, notarization and insurance. After the approval of the bank, the borrower shall sign the loan agreement and notarize the agreement with the bank, and charge fees, including housing insurance premium;
5. Handle the house transfer and mortgage procedures. The borrower shall go through the house transfer and mortgage procedures at the trading center in the area where the house is located, and give the mortgage receipt to the lending bank;
6. Handle house property certificate and mortgage certificate. After the borrower's house property certificate and other right certificate are issued, the borrower will submit the copy of the house property certificate and the original of other right certificate to the bank. Xiaobian believes that the house property certificate is not only the required condition for how to handle the second-hand house mortgage loan, but also a guarantee for you;
7. Bank loans. After receiving the borrower's house property certificate and mortgage certificate, the bank will release the loan amount to the borrower;
8. Repay on time and cancel the mortgage registration. The buyer shall repay the loan on time according to the specified repayment method. After paying off all the loans, the buyer shall go through the mortgage registration cancellation procedures.