How to handle the formalities of prepayment of mortgage?
1 make an appointment in advance
The applicant needs to see whether there is an agreement on prepayment in the loan contract, and if there is, it needs to be implemented according to the agreement. If not, you can make an appointment by phone first, and bring your ID card and loan contract with you. Applicants should clearly understand the provisions on prepayment in the signed loan contract, and pay special attention to whether a certain percentage of liquidated damages is required for prepayment.
2 telephone consultation
Call the personal loan center of the loan bank to find out the information about prepayment, and ask whether prepayment can be handled and whether an appointment is required. In order to ensure the orderly operation of business, most banks require customers to make an appointment in advance, and each branch requires different time and process. The way to make an appointment is to call or go directly to the prepayment execution department.
3 apply for surgery
Fill in the application form for prepayment and submit relevant documents, generally including ID card and loan contract signed with the bank. When the borrower deposits the advance payment, the bank can deduct it from the loan principal, which can be completed in a short time.
Generally speaking, after the mortgage loan, the borrower can handle the prepayment business on the spot according to his own situation and needs. If there is a loans overdue, you need to repay all overdue loan principal and interest before you can handle it.