When applying for a credit loan through a bank, you don't need to provide a real estate license. Banks handle similar credit loans, mainly based on personal qualifications. The better the qualification, the easier it is to approve.
Credit loan refers to the loan issued by the borrower's reputation, and the borrower does not need to provide guarantee. Its characteristic is that the debtor can get a loan only by his own reputation without providing collateral or third-party guarantee, and the borrower's credit degree is used as repayment guarantee. For a long time, this kind of credit loan has been the main loan method for banks in China.
Credit loan refers to the loan issued by the borrower's reputation, and the borrower does not need to provide guarantee. Its characteristic is that the debtor can get a loan only by his own reputation without providing collateral or third-party guarantee, and the borrower's credit degree is used as repayment guarantee. For a long time, this kind of credit loan has been the main loan method for banks in China. Because this kind of loan is risky, it is generally necessary to conduct a detailed investigation on the borrower's economic benefits, management level and development prospects in order to reduce the risk.
Credit loan business is mainly handled by banks, loan companies and electronic financial institutions.
Banks with credit loan products in China include China Merchants Bank, Citibank, Standard Chartered Bank, Ping An Bank and Bank of Ningbo.
Credit loans (credit loans) are booming in China. Although the time is not long, all parties are actively launching products to compete for the market. The credit loan of the loan company is about 200,000-300,000, and the interest rate is 1.5%-3%. Some loan companies are well known. These products are characterized by high speed and flexible quota, but the cost is hidden in fees and other charging items. The actual loan cost is much higher than the interest rate advertised.
Credit loan of guarantee company is a credit loan provided by guarantee company to customers through bank lending. Generally, it can reach up to 300,000 yuan, and the charging mode is bank loan interest plus guarantee fee of guarantee company. Formal guarantee companies only charge a certain percentage of guarantee fees and will not charge interest, which is also a standard to distinguish whether guarantee companies are formal or not. P2P loan financing platform, the amount is not too high, and the speed is between loan companies and banks. Its characteristic is that the loan procedures can be completed through the Internet, and repayment can be made through online banking or Alipay, but the rate is uncertain.
Do I need to apply for a real estate license to buy an existing house in the postal savings office?
If an existing home is not a mortgage loan, but an existing home loan, you need to apply for a real estate license first.
Because bank real estate loans must have real estate licenses, and loans cannot be made without real estate licenses. Therefore, the new house needs to apply for a real estate license first. If it is a mortgage-based house, you can apply for the real estate license first or later, but the real estate license of the mortgaged house will be kept by the silver mortgage, and then you can apply for the real estate license after the mortgage is completed.
The existing housing loan needs to mortgage the real estate license to the bank, so users must apply for the real estate license before they can get a loan, which requires users to apply for the real estate license before lending. Of course, the existing mortgage real estate licenses are generally mortgaged in banks, and some banks will let users keep the real estate licenses themselves, and banks only do relevant registration. No matter whether the real estate license is kept by the bank or the lender, the user must go through the mortgage cancellation procedures after paying off the mortgage, otherwise the user will not have the ownership of the real estate.
Steps:
1. The borrower prepares the application materials, goes to the business outlet of Postal Bank, fills in the written loan application form and submits the application materials. Generally required information includes: ID card, household registration book, house purchase contract, income certificate, etc.
2. After the postal bank examines the application materials, the borrower signs a loan contract and a guarantee contract with the postal bank.
3. After obtaining the real estate license, the borrower shall go through the mortgage registration formalities.
4. After all formalities are completed, the Postal Savings Bank issues loans, and the general loans are directly transferred to the developer's account, and then the borrower repays the loan principal and interest on time.
Does the existing home loan have a real estate license first?
The existing housing loan needs to mortgage the real estate license to the bank, so users must apply for the real estate license before they can get a loan, which requires users to apply for the real estate license before lending. Of course, the existing mortgage real estate licenses are generally mortgaged in banks, and some banks will let users keep the real estate licenses themselves, and banks only do relevant registration.
No matter whether the real estate license is kept by the bank or the lender, the user must go through the mortgage cancellation procedures after paying off the mortgage, otherwise the user will not have the ownership of the real estate.
Housing loans mainly include the following:
1. Housing provident fund loan: For residents who have already paid the housing provident fund, low-interest housing provident fund loans should be the first choice when buying a house.
Housing provident fund loans have the nature of policy subsidies, and the loan interest rate is very low, which is not only lower than the loan interest rate of commercial banks in the same period (only half of the mortgage interest rate of commercial banks), but also lower than the deposit interest rate of commercial banks in the same period. In other words, there is a spread between the mortgage interest rate of the housing provident fund and the bank deposit interest rate. At the same time, when handling mortgage and insurance related procedures, the housing provident fund loan will be charged by half.
2. Personal housing commercial loans: The above two loan methods are limited to employees who have paid the housing provident fund, and there are many restrictions. Therefore, people who have not paid the housing provident fund have no chance to apply for loans, but they can apply for personal housing secured loans from commercial banks, that is, bank mortgage loans.
As long as your balance in the loan bank accounts for not less than 30% of the funds needed for house purchase, and it is used as the down payment, and the assets recognized by the loan bank are used as collateral or pledge, or the units or individuals with sufficient compensation ability are used as guarantors to repay the loan principal and interest and bear joint liability, then you can apply for using the bank mortgage loan.
3. Individual housing portfolio loans: The maximum amount of provident fund loans that can be issued by the housing provident fund management center is generally1-290,000 yuan. If the purchase price exceeds this limit, the insufficient part shall apply to the bank for commercial housing loans.
These two kinds of loans are collectively called portfolio loans. This business can be handled by the real estate credit department of the bank. The interest rate of portfolio loan is moderate, and the loan amount is large, which is more for the lender to choose.
According to the repayment formula of general mortgage loans, it can be divided into two types:
I. Calculation formula of equal principal and interest:
Calculation principle: from the beginning of monthly contribution, the bank collects the interest of the remaining principal first, and then the principal; The proportion of interest in monthly payment will decrease with the decrease of residual principal, and the proportion of principal in monthly payment will increase with the increase, but the total monthly payment will remain unchanged.
It should be pointed out that:
1, the maximum amount of urban provident fund loans should be combined with local conditions;
2. For residents who have borrowed money to buy a house but whose per capita area is lower than the local average, and then apply for buying a second set of ordinary self-occupied housing, the preferential policies for buying ordinary self-occupied housing with the first set of loans shall be implemented mutatis mutandis.
Second, the average capital calculation formula:
Monthly repayment = monthly principal, monthly principal and interest
Monthly principal = principal/repayment months
Monthly principal and interest = (principal-total accumulated repayment) x monthly interest rate
Calculation principle: the amount of principal returned every month is always the same, and the interest will decrease with the decrease of the remaining principal.
Can I get a loan without a real estate license?
You can't apply for a loan without a real estate license. The real estate license is the certificate that the purchaser obtains the legal ownership of the house through the transaction and exercises the right of possession, use, income and disposal of the purchased house according to law. That is, the "House Ownership Certificate" is the legal certificate for the state to protect the ownership of houses according to law. To handle the mortgage, the borrower must have a real estate license and meet the following application conditions and preparation materials: 1. Application conditions: the nature of the house; Residential buildings, office buildings, villas, commercial houses, houses and affordable housing (strictly affordable housing) have clear property rights within 20 years, the borrower (normal age 18-65 years old) is in good health, and the borrower's credit investigation in recent 24 months shall not be involved. 6. The borrower can prove the source of repayment and other assets (large certificates of deposit, two houses, stocks, funds, etc.). The actual use of funds is clear. 2. Preparation materials: original and photocopy of the ID card of the borrower and spouse, household registration book (if single, single certificate is required), proof and photocopy of the borrower's marital status, proof and photocopy of family property and car ownership, other assets proof materials (original and photocopy of house ownership certificate, land use certificate and deed certificate), and personal main bank account statement (with bank seal) for the past 6 to 12 months. Three. Process: consultation-accepting application-pre-loan investigation-loan approval-loan issuance-loan recovery-loan management.
This is the end of the introduction that existing home loans need real estate licenses and housing loans need real estate licenses. I wonder if you have found the information you need?