1. Loan application: the purpose, amount and time of the loan proposed by the borrower.
2. Preparation of loan materials: The borrower and the mortgagor shall prepare all the documents and certificates required for applying for loans as required; Including my spouse's ID card, household registration book, income certificate, corresponding personal consumption contract and marital status certificate; Property ownership certificate, owner's and spouse's ID card, household registration book and proof of marital status.
3. Appraisal of house inspection: relevant institutions conduct on-the-spot investigation, appraisal (survey) and evaluation of mortgaged houses.
4. Loan approval: submit all loan application materials together with the evaluation report or opinion to the bank for approval.
5. Notarization of loan contract: After the borrower and the mortgagor fill in (loan contract) and all relevant documents, sign them and press their fingerprints, they will be notarized by a notary.
6. Mortgage registration procedures: The bank shall go through the mortgage registration procedures at the property right office with the house ownership certificate and notarized loan contract.
7. Opening an account and lending: the borrower opens a repayment account and the bank lends money to this account.
Loan terms:
(1) has legal identity.
(2) Have a stable economic income, have the ability to repay the principal and interest of the loan, and have no bad credit record.
(3) There is a legal and effective purchase contract.
(4) If the newly purchased house is used as the maximum mortgage, it must have a legal and effective purchase contract, the age of the house is within 10 years, and a down payment of not less than 30% of the total price of the purchased house has been prepared or paid.
(5) If a house mortgage loan has been purchased, the original house mortgage loan has been repaid for more than one year, the loan balance is less than 60% of the value of the mortgaged house, and the mortgaged house has obtained the house ownership certificate, and the age of the house is within 10 years.
(6) It can provide effective guarantee recognized by the loan bank.
(7) Other conditions stipulated by the lending bank.