Bank loans have a certain process. Different banks have different procedures when handling loans. There are also some differences in the materials and certificates to be paid. Therefore, attention should be paid to the specific handling process when handling loans. So what is the bank mortgage loan process? How to apply for bank loan?
What is the process of bank loan?
1. Choose the house source that accords with own expectation, confirm purchase intention. The best number to see is to be able to reach more than 50 units, which will naturally enhance your ability to choose a house. With this ability, the house you choose is what you really want.
2. According to the local property market policy (policy requirements are different, some places require a down payment of 30% and some require a down payment of 40%). The amount of down payment is calculated, and the down payment is raised and paid, while the balance is paid through loans.
3. Commercial loans can be divided into commercial loans, provident fund loans, and commercial and provident fund loans. Generally, as long as the loans and loan conditions are met, and the procedures are complete, the loan speed is faster, but the interest rate is higher than that of provident fund loans; The loan period of commercial provident fund is long and the loan speed is slow. The loan amount is calculated according to the amount of individual accumulation fund, but the interest rate is relatively low.
4. When the buyers submit the original documents of the house purchase and the residence registration, they need to provide the proof of identity according to the different requirements of the bank.
5. After the information is submitted, the bank will check the information submitted by you, mainly to review the basic information, reputation and repayment ability of the buyer, and also invite a professional evaluation company to evaluate the value of the house (the evaluation result is generally slightly lower than the purchase price). After approval, the bank will inform you to sign the loan contract.
6. Bank loans, complete loans. After the loan contract is signed, the bank will complete the loan in a short period of time, and will give you a copy of the real estate certificate (the original is mortgaged in the bank, and the original will be returned to you after you pay off the loan). Developers get the amount of bank loans can be handed over with you.
How to apply for bank loan?
1. Prepare some information required for bank loan, which is likely to be detailed and complete. These materials generally include: loan application, ID card, household register, income certificate, marriage status certificate and other materials; mortgage loan needs to issue the property right certificate of the collateral; application for non guaranteed loan requires detailed credit records, etc.
2. After preparing the relevant information, we will directly deliver the loan application to the bank and sign the loan contract with the bank after paying various fees to the bank.
3. The bank will review the customer's application, and if it is qualified, the bank will lend the loan; if the audit fails, the bank will return the customer's relevant information and the fees charged.
4. In addition to the loan contract, there may be some other legal procedures to go through. For example, mortgage loans also need to be registered and recorded in the bank.
5. After all the relevant procedures are completed, the bank staff will inform the final loan amount, loan term, loan interest rate, etc., and sign to transfer the loan into the corresponding account after confirmation.
To handle loans in the bank, you can first find financial institutions to consult, see what information and procedures are needed, so that they will not be too blind. The above is about 'what is the bank's housing loan process? How to apply for bank loans?', when handling bank loans, we should do a good job of preparation, do a good job in the future repayment plan, to ensure their rights and interests.