The process of second-hand housing loan is: prepare the materials needed for second-hand housing loan, the bank evaluates the house applying for loan, the bank approves, transfers ownership and mortgages.
1. Prepare materials needed for second-hand housing loan.
Before you apply for a loan, you should ask clearly what information and documents both buyers and sellers need, and be sure to prepare them in advance. The first is the application form for mortgage loan, proof of letter of intent for house purchase and other materials.
Then, the buyer should prepare his own proof of income with official seal, and the person he can contact, telephone number, address, ID card, household registration book and marital status should also be submitted to the bank. The seller is also required to provide identity cards, household registration books, certificates of consent to sell, and proof of house property rights.
2. The bank's appraisal of the house applying for loan.
Not all second-hand houses can be loaned, but also related to the age of second-hand houses. Banks don't lend money to houses that are too old. After the required materials are submitted completely, the bank will arrange a time for a professional real estate appraisal agency to evaluate the market price of the house, so as to calculate the loan amount.
3. Bank approval
If your information and documents are provided to the bank, and the house meets the loan conditions, then after the completion of real estate assessment, the bank will review the relevant qualifications of second-hand house buyers, that is, loan applicants, and determine the loan amount accordingly. Approval needs to refer to the lender's income, housing evaluation price and other aspects.
4. Transfer and mortgage
After the loan is approved, the buyer and the seller can transfer the ownership, and then they can mortgage it. After the approval, the buyer can pay the down payment to the owner and issue the down payment certificate. Then the buyer and the seller carry this voucher, and the bank staff carry the approved mortgage application review commitment and other materials to the local real estate exchange for the transfer of house ownership certificates.
Give the certificate of immovable property rights to the bank as collateral, and after the transfer, give the certificate of immovable property registration to the bank, and the bank will use it as collateral. At this time, the bank will truly unify the loan application for second-hand housing. After all the formalities are completed, the bank will divide the deposit accounts of the buyers in turn or at one time according to the amount agreed in the loan contract.
How to handle the second-hand housing mortgage loan?
With the continuous operation of modern capital chain, second-hand housing loan has become one of the important ways of bank mortgage loan, so how to handle second-hand housing mortgage loan? Maybe many friends are not particularly clear about the process. Let's take a look at the relevant knowledge! I hope it will help everyone.
First, prepare materials.
First, determine the loan bank, prepare the loan materials, apply for a loan (the running income of the bank 1 year must meet the conditions and be calculated according to the loan amount), collect and fill in the application form for second-hand housing mortgage loan, and submit it to the relevant staff for review.
Second, evaluation
Real estate appraisal agencies go to the housing management office for appraisal, and then issue appraisal reports to the bank. This stage will take about 3-5 working days, depending on the agreement. The counterparty is required to pay the evaluation fee.
Third, sign a contract.
The two sides signed a second-hand housing mortgage loan contract and notarized the second-hand housing, and began to apply for mortgage registration.
Fourth, bank approval.
The loan bank conducts qualification examination according to the materials submitted by the lender. In line with the conditions, the bank will review the loan amount and term according to the housing appraisal price and the qualification of the comprehensive lender. The approval process usually takes about 5 working days.
Verb (abbreviation for verb) transfer and lend.
After approval, the buyer pays the down payment of the house. With the down payment certificate, mortgage application issued by the bank and other materials for the transfer of housing property rights. Then go through the mortgage registration and insurance procedures for second-hand houses. After the buyer gets the real estate license, go through the mortgage registration and insurance procedures for real estate. Call the designated account by transfer. In this way, the second-hand housing mortgage loan will be successfully handled, and the buyer will repay the loan on schedule according to the contract.
Conclusion: Before going through the mortgage loan procedures for second-hand houses, you should know your own economic situation and bank policies. There is also a second-hand housing loan amount based on the lower price of the original value and the evaluation value, so it is necessary to consult the bank in advance whether there is a designated evaluation agency before lending.
What is the loan process for buying a second-hand house?
1. If you apply for a personal second-hand housing loan in China Bank, the business process is as follows:
1. Signing a sales contract: The borrower signs a house sales contract with the seller.
2. Apply for a loan: the buyer and the seller submit the required relevant materials to the lender, and the buyer fills in the Application Form for Second-hand Housing Mortgage Loan;
3. real estate assessment: After receiving the loan application materials of the borrower, the bank will evaluate the transaction house;
4. Loan approval: the bank approves the loan application and determines the loan amount and term. Personal second-hand housing loan business must adhere to the relevant approval principles;
5. Signing a contract: the borrower, the lender and the guarantor sign a loan contract, and the contract needs to be notarized;
6. Handling the formalities of real estate transfer and mortgage registration: the lender or the real estate agency recognized by the lender shall handle the formalities of real estate transaction transfer and mortgage registration;
7. Sign the IOU: After receiving the certificate that the borrower has registered the mortgaged property, the lender will notify the borrower to sign the IOU at the bank.
8. Lending: the lender transfers the loan to the designated account according to the agreement of the buyer and the seller, and then the buyer and the seller go to the bank to handle the loan issuance procedures;
9. Repaying the principal and interest: The borrower shall repay the principal and interest from the month following the loan issuance.
2. You can apply in our e-banking channel. The loan application method is as follows:
1. At present, Bank of China supports customers in some parts of China to apply for loans through e-banking. Please select from the drop-down menu of online loan application function of personal online banking and mobile banking or the map of official website Bank's online loan application function of China. Online loan applications support micro-enterprise loans, first-hand housing loans, second-hand housing loans, commercial student loans, foreign exchange study loans, consumer car loans, personal business loans and military/armed police housing provident fund loans. Different regions support different types of loans. Please select details from the drop-down menu.
2. Online loan application has two functions: loan application and application progress inquiry. You can submit your loan intention to our bank through this function, and the relevant staff of our bank will get in touch with you after successful submission.
The above contents are for your reference. Please refer to the actual business regulations.
If you have any questions, please contact online customer service of Bank of China.
You are cordially invited to download and use China Bank Mobile Banking APP or China Bank Cross-border GO APP to handle related business.