At present, most people buy a house by loan, and few people choose to buy a house by lump sum, but many buyers don't know much about the process of buying a house by loan. Then, let Bian Xiao share with you what is the mortgage process, and you can understand it.
First, what is the mortgage process?
1. The lender needs to bring the following relevant documents to the loan processing bank to fill in the application form: ID card, marriage certificate, mortgage certificate, certificate provided by guarantor, etc.
2. Loan approval by the borrowing bank: the bank understands the lender's guarantee and credit, conducts approval according to the process, and informs the lender of the approval result.
3. The applicant signs a contract with the bank: after the loan is approved, the lender needs to sign a loan contract and related guarantee contract with the bank, and go through the formalities of notarization, insurance and mortgage registration.
4. Bank Lending: After the lender completes the relevant formalities, the bank will transfer the loan to the borrower's account and transfer the loan to the relevant payee's account according to the borrower's entrustment.
5. After investigation, examination and approval, a loan contract is signed, and after the loan bank completes the registration and notarization procedures, the money will be transferred to the seller's account, and the customer will be notified to receive the contract, and the house purchase formalities will be handled at the seller.
6. The bank pays the deed tax, obtains the deed certificate, and goes through the formalities of real estate title certificate and mortgage registration. Those who meet the charging standards will be charged according to the regulations of relevant departments, and no other agency fees will be charged. Lenders need to provide the required materials. After the loan is paid off, the bank will cancel the collateral and return it to the customer.
Summary: The above is what Bian Xiao shared about the mortgage loan process, and I hope it will be helpful to everyone. If you plan to buy a house, you can know the loan process in advance, so that you can handle the loan process smoothly without running around.
What is the process of mortgage loan?
The procedures for handling housing mortgage loans are: determining mortgage service companies and loan schemes, and signing housing sales contracts; Prepare loan materials, review loan qualifications and sign loan agreements; Handle the house transfer and mortgage procedures, and handle the real estate license and mortgage certificate; Waiting for a bank loan. Article 25 If a borrower needs a loan, he shall directly apply to the host bank or the agent bank of other banks. Article 29 All loans shall be signed by the lender and the borrower. The loan contract shall stipulate the loan type, loan purpose, amount, interest rate, loan term, repayment method, rights and obligations of both borrowers and borrowers, liabilities for breach of contract and other matters that both parties think need to be agreed. The guaranteed loan shall be signed by the guarantor and the lender, or the guarantor shall specify the guarantee terms agreed with the lender in the loan contract, affix the official seal of the guarantor as a legal person, and be signed by the legal representative of the guarantor or his authorized agent. The mortgagor, pledger and lender shall sign mortgage contract and pledge contract for mortgage loan. If registration is required, it shall be registered according to law. Article 30 The lender shall issue the loan on schedule in accordance with the loan contract. If the Lender fails to issue the loan on schedule as agreed in this Contract, it shall pay liquidated damages. If the borrower fails to use the money as agreed in the contract, it shall pay liquidated damages.
So what is the process of bank real estate mortgage loan?
1. When signing a house purchase contract, you need to pay attention to the "five certificates": state-owned land use certificate, construction land planning permit, construction project planning permit, construction permit and commercial housing sales (pre-sale) permit. 2. Pay the down payment and pay attention to keep the receipt of the down payment. 3. Fill in the personal housing loan application form at the bank, and bring the original and photocopy of the down payment receipt, commercial housing sales contract, ID card, local household registration book (non-local household registration certificate for more than one year) and income certificate to the bank to fill in the personal housing loan application form. 4. Banks review mortgage applications. The bank's credit personnel shall review and approve the materials submitted by the applicant step by step. If it is considered to meet the conditions of bank loans, the applicant shall be notified to sign a personal housing mortgage loan contract, and the contract period shall not exceed 30 years. 5. Go to the Housing Authority to apply for the certificate of other rights of the house, which proves that the house has the mortgage right of the bank. Go to the notary department for notarization of property right mortgage, and go to the insurance company for home insurance. The above procedures will generally be handled by the bank. 6. Customers who choose the entrusted deduction method to open an account for repayment need to sign an entrusted deduction agreement with the bank and open a special savings passbook account, savings card or credit card account for repayment at the business outlets designated by the lending bank. At the same time, the seller shall open a settlement account or deposit account with the loan bank. 7. Recover the loan granted with the consent of the loan bank. After completing the relevant procedures, the loan bank will directly transfer the loan to the deposit account opened by the borrower in the loan bank or transfer it to the deposit account opened by the seller in one lump sum or in installments according to the loan contract. 8. Contract Repayment The borrower must repay the loan principal and interest according to the repayment plan and repayment method agreed in the loan contract, otherwise the bank can recover the house according to law. 9. After the loan principal and interest are repaid and settled, the mortgage registration is cancelled, and the buyer becomes the real owner of the house.
How to handle the mortgage loan for house purchase?
You can apply for a loan to buy a house, so the financial pressure will be much smaller. It is common to apply for commercial loans to buy a house, but provident fund loans are more cost-effective. So how to handle the house loan?
1, prepare materials. The borrower needs to prepare ID card, house purchase contract, down payment receipt, income certificate, work certificate, marital status certificate and other materials;
2. apply. Bring relevant materials to the bank to apply for a loan and fill in the application form;
3. Loan approval. After receiving the materials, the bank will examine and approve them to determine the amount, loan term and interest rate.
4. Sign the contract. If the borrower's loan is approved, it can sign a loan contract with the bank;
5. handle the guarantee. The borrower needs to go through the guarantee procedures and register the house mortgage;
6. Bank loans. After all the formalities are completed, the bank will lend money as soon as possible and the money will be transferred to the developer's account.
Loan to buy a house
1, housing provident fund loan
Housing provident fund loans refer to housing mortgage loans issued by local housing provident fund management centers to on-the-job employees who paid housing provident fund and retired employees who paid housing provident fund during their employment.
For residents who have participated in the housing provident fund deposit, low-interest loans for housing provident fund should be preferred when buying a house with loans. Housing provident fund loans have the nature of policy subsidies.
The loan interest rate of housing provident fund is very low, which is not only lower than the loan interest rate of commercial banks in the same period, 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 deposit interest rate of the bank. 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
Personal housing commercial loan is a kind of loan that China citizens apply to the bank for the purchase of commercial housing, and it is a self-operated loan issued by the bank with its credit funds. Specifically, a natural person with full capacity for civil conduct applies to the bank for a commercial housing loan as a loan repayment guarantee when purchasing a self-occupied house in a town in this city, with the purchased property housing (or other guarantee methods recognized by the bank) as collateral.
Housing provident fund loans are limited to employees who pay 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 individual housing guarantee loans from commercial banks.
3. Individual housing portfolio loans
Personal housing portfolio loan refers to the specific loan portfolio formed by the bank when purchasing and overhauling various types of housing, and issuing provident fund personal housing loans and personal account housing loans to employees who have paid the housing provident fund in full and on time.
The interest rate of portfolio loan is moderate, and the loan amount is large, which is more for the lender to choose.
Among the above three kinds of loans, the interest rate of provident fund loans is the lowest, followed by portfolio loans.
Housing mortgage loan process
Now that the house price is a little breathless, it is even more difficult to buy a house. Most people have to buy a house through mortgage loans. So what are the mortgage loan procedures and precautions for mortgage loans? Do you know that?/You know what? Now let's have a look.
First, the housing mortgage loan process
1, buyers need to find suitable housing and sign a house purchase contract;
2. The purchaser brings the loan materials to the bank to apply for a loan, and fills in the Application Form for Individual Housing Loan;
3. After the bank has passed the examination, it will sign the Individual Housing Mortgage Loan Contract with the buyer;
4. The bank credited the loan to the developer's account;
The buyer will deposit the monthly payment into the designated bank account on time every month.
Second, the housing mortgage matters needing attention
1. Before the house guarantee loan is made, there is no need to use the personal provident fund at last, so as to avoid using the provident fund to pay the house price in the early stage. Then the balance in the provident fund account is 0, and it is unexpected that the provident fund cannot be used for loans.
2. If you are mortgage to buy a house, don't repay the loan in the first year after the loan is finished. After all, the state has issued corresponding policies on loans. If you want to pay back, you have to pay back the amount one year and more than half a year after the loan.
3. After paying off all loans and interest, you need to bring relevant certificates to the real estate trading center to eliminate the mortgage information.
4. After applying for housing loans, individuals will sign loan contracts and IOUs with banks, which is within the scope of legal protection. Moreover, due to the long term of the housing loan, it needs to be properly kept to avoid the trouble caused by the loss.
I'll introduce the process of housing mortgage loan and the matters needing attention in housing mortgage loan here first. Are you clear? If you want to apply for a mortgage loan, you need to bring proof materials to the bank designated by the developer, so as to ensure that you can apply for a loan quickly and efficiently.
What is the mortgage loan process?
House prices are getting more and more expensive, and it is difficult to buy a house in full. Even if you have the full amount, everyone will vote first. Most of them will choose mortgage to buy a house, pay the down payment first, then borrow the rest from the bank, and then repay the mortgage on time every month according to the contract. How to mortgage to buy a house, but let's know the specific operation first. What is the mortgage loan process? First, choose the right property according to the cash you can pay down payment and the size of the house you want to buy, then calculate the total price of the house, and then calculate how much money you want to borrow from the bank to see if the bank gives loans according to your income. If these are all right, then choose a suitable residential property. Second, submit a mortgage application. Generally, there will be cooperative banks in the sales center, so it is easier for buyers to go to the bank in person. So after thinking about what kind of house to buy, consult the relevant bank, learn from the bank what procedures and materials are needed for mortgage loan, and then fill out the mortgage loan application form and submit it to the bank for review. Third, waiting for the bank's audit results, buyers must remember that it is the right step to sign a house purchase contract with the developer first through the bank's "application for mortgage loan". After the buyer submits the Application for Mortgage Loan, the relevant bank will review the income, credit status and repayment ability of the buyer. If the review finds that there is no repayment ability or credit problem, the bank refuses to lend the buyer a loan, and the buyer will have to do something else. If the previous problems can't be solved and no one can get the money, the buyers will have to give up buying a house. Four. If the mortgage loan application submitted by the purchaser who signed the house purchase contract is approved after examination, the bank will issue a mortgage loan commitment letter to the purchaser. After determining the housing, the purchaser can pay the down payment and then sign a real estate sales contract with the real estate developer. 5. Sign a mortgage contract and a real estate developer to sign a real estate sales contract. The process of buying a house by loan is almost halfway through, and the next thing is to repay the mortgage.
So much for the introduction of mortgage loan procedures.