Buying a house is a top priority in life, especially for those men who are going to need a house for marriage. However, for the high house price, I believe that most people buy houses now choose to go to the bank for housing loans, which can save a lot of expenses, so what is the procedure of housing loans?
Procedures for house purchase loan
1. The borrower who buys the house shall apply to the loan bank for the loan.
2. The loan bank shall issue a letter of intent for the loan after passing the examination, and the borrower shall receive the form required for the loan.
3. The borrower who buys the house with the loan shall sign a contract or agreement with the seller or the builder with the letter of intent.
4. The borrower signs a mortgage contract with the loan bank and deposits the self raised funds into the loan bank.
5. The borrower who buys the house with the loan shall go through the guarantee procedures: the borrower who uses the real estate mortgage shall go through the 'certificate of other items of the house' and the 'confirmation of real estate mortgage' in the property right department. If the securities are pledged, the securities shall be handed over to the loan bank for collection and pledge, and a loan contract shall be signed.
6. For the loan for house purchase, the loan bank shall transfer the loan together with the borrower's deposit to the account of the unit selling the house. For the loan for building and repairing the house, the borrower shall pay according to the loan contract.
Loan purchase process
1. First, the developers put forward the intention of mortgage loan cooperation to the lenders;
2. The loan bank investigates the developer's development project, construction qualification, credit rating, conduct of the person in charge, social goodwill of the enterprise, technical strength, operation status and financial situation, and signs a mortgage loan cooperation agreement with the qualified developer;
3. The loan buyer signs the commercial housing sales contract with the developer, and pays off the required down payment according to the contract requirements;
4. From the time of payment of the down payment, the buyer shall provide the information required by the mortgage bank within seven days and directly apply for the mortgage loan from the developer's cooperative bank. It includes:《