What is the interest rate of the second house loan? The second house loan processing process
Due to the purchase restriction policy, many people can only buy two houses even if they have money. People can apply for loans to buy the first house. Can they apply for loans to buy the second house? Of course you can apply for a loan. Do you know how to apply for a second house loan? The conditions of the second house loan are relatively strict. This article will make a detailed introduction. In addition, when people handle the loan, it is necessary to know what the interest rate of the second house loan is.
What is the interest rate on the second house loan?
1. For families who purchase the first self owned house with a building area of more than 90 square meters, the proportion of down payment of loans shall not be less than 30%;
2. For families who purchase the second house with a loan, the proportion of down payment of the loan shall not be less than 60%, and the loan interest rate shall not be less than 1.1 times the benchmark interest rate;
3. For the purchase of third or more houses with loans, the proportion of down payment and loan interest rate shall be greatly increased, which shall be independently determined by commercial banks according to the principle of risk management.
How to apply for a second house loan?
The second set of housing loans is essentially similar to the first set of loans, except for the loan percentage and loan interest rate. The following lists the materials submitted by China Construction Bank on the requirements for individual housing commercial loans. The provisions of each bank are similar. When applying for a loan, the buyer shall refer to the specific provisions of the lending bank:
1. Personal housing loan application. Copies of identity documents (resident identity card, residence booklet, officer's card, overseas and foreign natural persons who have the right of residence in mainland China, passports, family visit cards, return cards and other residence certificates or other identity documents). The borrower's stable economic income certificate or other solvency certificates issued by relevant departments recognized by the handling bank.
2. Legal purchase (overhaul) housing contracts, agreements and relevant approval documents. The list of collateral or pledge rights and ownership certificates, the certificate of consent to mortgage or pledge issued by the disposer, and the collateral valuation report issued by the evaluation institution recognized by the lending bank. The written commitment issued by the guarantor agreeing to provide guarantee and the credit certificate of the guarantor.
3. Securities pledged by the borrower to the lending bank, such as deposit documents and voucher treasury bonds of China Construction Bank. Relevant certificates of self raised funds used by the borrower to purchase (overhaul) housing.
4. House sales (pre-sale) permit or real estate certificate (existing house) of the real estate. If the borrower's spouse applies for a loan together with him, the loan application shall also fill in the relevant information of the spouse, and show the marriage certificate and household register. Other documents and materials specified by the lending bank.
Mortgage loan process:
1. The borrower shall fill in the loan application form and provide necessary materials. The lender shall review the borrower's credit status and materials and formally reply to the applicant within three weeks.
2. If the lender agrees to the loan, the borrower and the borrower shall sign a loan contract. Depending on the way of loan guarantee, a mortgage contract or pledge contract and guarantee contract shall be signed at the same time. Handle real estate insurance, mortgage registration or contract notarization in accordance with national and local laws and regulations and the provisions of China Construction Bank; The lender shall issue loans in accordance with the contract.
How to deal with the loan of provident fund and the interest rate of second house loan are two issues, which I won't say much here. Remind you that you can enjoy the preferential policies for the first house purchase when buying the first house, so if people buy the first house, they must open a first house purchase certificate. But if you buy a second suite, you can't enjoy the policy, so people must know how to distinguish the first suite from the second suite in order to buy a good house at a more favorable price.