Industrial Bank Real Estate Mortgage Loan Handling Process:
1. When a borrower applies for a loan from a bank, it shall specify the purpose, amount and term of the loan at the time of application.
If the loan application meets the scope of bank loan, the applicant shall submit relevant information. Individuals applying for mortgage loans need to provide the following information: borrower's ID card, running water in the past six months, work certificate, credit report, house property certificate, etc.
If an enterprise needs to mortgage the real estate, the materials it should provide include: business license, articles of association, capital verification report, purchase and sale contract, running water of the last six months, annual financial statements of the previous year, financial statements of the last six months, and proof of assets.
2. The bank conducts the preliminary examination according to the information provided by the borrower, and then the relevant institutions designated by the bank evaluate the mortgaged house. This is an important link in the mortgage loan process, and the evaluation value of collateral determines the loan amount.
3. After receiving the evaluation report provided by relevant institutions, the bank will start further audit according to the evaluation report and the relevant information of the borrower.
4. After approval, the borrower and the lending institution shall sign and seal the loan contract and all relevant documents, which shall be notarized by a notary.
5. The bank shall go through the mortgage registration formalities at the real estate office with the house ownership certificate and notarized loan contract.
6. Banks issue loans to borrowers. Due to the different regulations of banks, loans will be made to the accounts of cooperative merchants in the form of cash, punch card or remittance.