Loan to buy a house, then we should pay attention to their own actual situation to deal with, is to meet certain conditions can be dealt with. If you buy a house, you should pay attention to the process and procedures, so what are the conditions for the bank to buy a house? What procedure does bank loan need to buy a house?
What conditions does bank loan need to buy a house?
1、 Have stable economic income and the ability to repay the loan principal and interest. There are legal and effective contracts and agreements for the purchase, construction and overhaul of houses, as well as other supporting documents required by the lending bank.
2、 Self raised funds of more than 30% of the total price of the purchased housing (for the purchase of self occupied housing with a floor area of less than 90 square meters, the proportion of self raised funds is 20%), and it is guaranteed to be used to pay the down payment of the purchased housing.
3、 There are assets recognized by the lending bank for mortgage or pledge, or (and) legal person, other economic organization or natural person with sufficient compensation capacity as guarantor. Other conditions stipulated by the lending bank.
What procedure does bank loan need to buy a house?
1. Buyers need to go to the bank to understand the relevant situation, and deal with the necessary information to apply for personal housing loans. Then the bank will review the buyers and determine the amount of the loan.
2. Next, the loan contract is handled by the bank on behalf of insurance, and then the property mortgage registration and notarization are handled. The rest is the cancellation of registration after the loan is issued by the bank, the monthly repayment and the repayment of principal and interest.
3. The information and process needed for house purchase loan are as follows: household register, marriage certificate, ID card, income certificate, bank flow, house purchase contract (married couples provide information on both sides of the husband and wife) conditions: as long as there is a stable income and bank flow, bank flow only needs to be available every month, and the monthly income on the income certificate needs to be twice of the monthly supply. Generally speaking, banks can't be overdue three times in a row or six times in a row within two years, and this is based on families.
Through the bank loan to buy a house, you can save yourself a lot of trouble, also can make yourself more affluent economically. The above is about the relevant introduction of "what conditions do banks need to buy houses with loans? What procedures do banks need to buy houses with loans?" we should pay attention to the specific details when applying for loans to buy houses.