Automobile mortgage's steps are as follows:
1. Apply for a loan from a lending institution and submit relevant materials;
2. The lending institution conducts home visits to investigate and evaluate the vehicle value and the repayment ability of the applicant;
3. The lending institution initially calculates the loan amount;
4. Handling the entrusted notarization of the mortgage cancellation right;
5. Lending institutions temporarily withhold the applicant's driver's license, insurance policy and other documents;
6. The borrower goes to dmv for mortgage registration;
7. loans.
How to apply for mortgage loan?
1, apply. If you are going to use your car for mortgage loan, you should first prepare the corresponding information and apply to the loan bank. Fill in the loan application form and fill in the corresponding information when applying.
2. Review the materials. After receiving the information of the loan applicant, the bank will review the information submitted by the loan applicant according to the internal requirements of the bank, but the review will inform the loan applicant of the specific reasons, and then inform the applicant to proceed to the next step after the review is passed.
3. Evaluate the vehicle. After the data is approved, the loan audit will entrust the corresponding vehicle evaluation agency to evaluate the vehicles submitted by the loan applicant, and the evaluation fee will generally be paid by the loan applicant.
4. Determine the quota. After completing the vehicle value assessment, the bank will determine the loan amount for the loan applicant according to the assessed price of the vehicle.
Step 5 go through the formalities. After determining the loan amount, go through the loan procedures according to the bank's loan requirements. The specific procedures may be different for each bank, depending on the whereabouts of the lending bank.
6. Conduct notarization. After the loan procedures are completed, the loan contract of both parties needs to be notarized, and the notary office will issue a notarial certificate, which will be put together with a set of loan materials and kept as files.
7. Admission documents. After notarization, the loan bank will retrieve the relevant information of the mortgaged vehicle, such as the original motor vehicle registration certificate, according to the corresponding requirements.
After the above procedures are completed, the bank can issue loans to the applicant according to the contract. After the loan is paid to the applicant's account, the whole automobile mortgage process is completed.
How to borrow a mortgage loan?
1. You can apply for mortgage. As long as your car is purchased through formal channels, you can submit an application for car mortgage to the bank to solve the capital demand.
2. automobile mortgage is a loan obtained from a financial institution or an automobile consumption loan company with the borrower's or a third party's car or self-purchased car as collateral. At present, the main purpose of car-guaranteed loans is car consumption. Of course, cars depreciate rapidly, and traffic accidents have a high probability of affecting the value of vehicles. There are relatively few ways for financial institutions to issue loans with cars as a single mortgage.
Legal basis: Article 22 of the Regulations on Motor Vehicle Registration stipulates that "if a motor vehicle owner mortgages a motor vehicle, he shall apply for mortgage registration in dmv, the place of registration. Hold the motor vehicle registration certificate, the identity certificate of the mortgagee and mortgagor → fill in the Application Form for Motor Vehicle Mortgage/Cancellation of Mortgage Registration, and affix the official seal of the unit in the relevant window.
1. The lending institution receives the information provided by the applicant; 2. Conduct home visits, surveys and vehicle value assessments on the applicants; 3. The loan amount initially reserved by the lending institution; 4. Handling entrustment notarization and loan notarization; 5. The lending institution accepts the relevant documents of the applicant; 6. Go through the mortgage registration formalities. 7. Loans
How does automobile mortgage get a loan?
If you want to put your automobile mortgage, you must first ensure that you meet the requirements of the vehicle mortgage loan before you can apply:
I. Borrower
1, at least 18 years old, with full capacity for civil conduct.
2. Have a valid local residence status (permanent residence booklet or temporary residence permit can be provided).
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Second, mortgage the vehicle.
1 is a non-operating vehicle under my name.
Some banks and lending institutions may allow vehicles to be mortgaged in the name of others to apply for loans, but the written consent of the owner must be obtained, and the borrower needs to issue a certificate of relationship with the owner.
2. It is best to have a local license.
Vehicle mortgage loan involves vehicle mortgage registration procedures and needs to be handled at the vehicle management office where the vehicle is registered. And if the mortgage is a vehicle with a license plate in a different place, then you need to go to the vehicle management office in a different place to go through the vehicle mortgage registration procedures, and the process will be more troublesome.
3. The car has enough value space.
Generally, the newer the car, the greater the value space. Also, it is best not to use the car as any collateral. After all, the value space of secondary mortgage vehicles will be relatively small, and the loan amount that can be obtained will naturally not be very high, and not all banks and lending institutions support secondary mortgage.
4. The service life and mileage of the vehicle are within the range specified by banks and lending institutions.
Different banks and lending institutions may have different regulations. For example, the owner loan of Ping An Bank stipulates that the service life of the mortgaged vehicle shall not exceed 10 year and the mileage shall not exceed150,000 kilometers (specifically, you can call the customer service staff of banks and lending institutions).
After confirming that the above requirements are met, customers can apply for vehicle mortgage loan according to the following procedures:
The first step is to apply for a loan.
Prepare personal identity card, local household registration book or temporary residence permit, proof of economic income (such as bank card running water), vehicle driving license, vehicle registration certificate and other related materials, go to the business outlets of selected banks or lending institutions to find staff to apply for loans, take a loan application form at the counter and fill it out, and submit it together with the information you carry.
Step 2: Review and Evaluation
After accepting a customer's loan application, the bank or lending institution will begin to review the information submitted by the customer, and inquire about the personal credit report to understand its credit status, and will arrange an evaluation agency to evaluate the specific value of the mortgaged vehicle. After the approval result comes out, a message will be sent to inform the customer. If the approval is passed, the loan amount will be approved.
Step 3: Sign the mortgage.
After receiving the approval notice from the bank or lending institution, the customer should sign a loan contract at the business outlet in time and go through the formalities of vehicle mortgage registration at the local vehicle management office.
Step 4: borrow money
Banks or lending institutions will issue the loan funds to the designated collection bank card in the name of customers, and generally receive the loan within one month. If the loan is delayed due to busy business, tight quota and other reasons, it is recommended to wait patiently (if the waiting time is too long, you can take the initiative to call customer service to ask about the specific progress).
Please note that different banks and lending institutions have different loan methods to handle vehicle mortgage loans:
1, riding a bike
The parking method needs to really put the car in a bank or loan institution. After completing the mortgage formalities at the vehicle management office, the customer will drive the car to the parking place designated by the bank or lending institution for safekeeping (the car can only be retrieved after the subsequent loan is settled).
2. The pledge certificate does not pledge the car.
You can continue to use the vehicle normally without taking the vehicle. Just go to the vehicle management office to register the vehicle mortgage and put the vehicle registration certificate in the bank/lending institution (you can get the vehicle registration certificate back after the subsequent loan is settled, and some banks and lending institutions will mail it directly).
3. Don't detain the car or card.
You can continue to use the vehicle normally, you don't need to park the car, you don't need to get a license plate, and the vehicle registration certificate is still in the hands of the customer, so you don't really need to put it in the bank or lending institution. However, it should be noted that some banks and lending institutions may require the installation of positioning devices on vehicles (positioning devices can be removed after subsequent loans are settled).
Process of handling mortgage car loan
1. The borrower applies to the lending institution, takes the car as collateral, and provides the lending institution with personal ID card, motor vehicle registration certificate, original car purchase invoice and other materials;
2. The lending institution will confirm the information of the borrower and review the relevant qualifications of the borrower;
3. The lending institution will comprehensively evaluate the borrower's vehicle and determine the loan amount;
4. The lending institution signs a loan contract with the borrower, and the lending institution issues loans;
5. The borrower repays the loan according to the repayment method agreed in this contract.
The above is the relevant content of the mortgage loan process.
How to cancel the mortgage after the change of car loan?
1. After paying off the last monthly payment, the borrower will go to the lending institution for loan settlement with the loan contract and ID card;
2. The borrower and the staff of the lending institution bring relevant materials to the local vehicle management office;
3. After arriving at the vehicle management office, find the corresponding window, fill in the application form for cancellation of mortgage, and hand it over to the staff to handle the relevant procedures for cancellation of mortgage;
4. After the mortgage cancellation formalities are completed, the borrower takes back the vehicle ownership certificate.
What if the car loan is not paid back?
If the car loan can't be repaid on time, the owner needs to take the initiative to contact the bank with the loan, communicate with its staff, explain the reasons why the individual can't repay, sincerely express his desire to repay, and try to communicate with the bank staff whether he can apply for deferred repayment or repayment in batches. Banks that buy car loans will give due consideration to users' active negotiation. If the user's financial situation is really difficult, then the bank is likely to extend a certain period.
Car loan refers to the form of mortgage loan in which the owner applies for a certain amount of loan from financial institutions such as banks when buying a car. Usually when handling a car loan, the owner needs to be a permanent resident of the place where the loan bank is located. Automobiles mainly sign loan contracts with banks and other financial institutions to stipulate the loan term and related interest. The term of car loan is very short, no more than five years at most. This article mainly writes about the knowledge points related to the mortgage loan process, and the content is for reference only.
How to mortgage a car loan?
The procedure in automobile mortgage is as follows:
1. The borrower shall file a loan application with the lending institution, and provide the lending institution with his ID card, driver's license, car purchase contract and other supporting materials;
2. The lending institution will review the qualifications of the lender, evaluate the value of the vehicle and book the loan amount;
3. The lending institution signs a loan contract with the borrower to issue loans, and the borrower goes to the lending institution with the vehicle driving license;
4. Vehicle mortgage loans need to be repaid regularly every month. If it is not repaid for a long time, then the lending institution has reason to dispose of the vehicle by itself.
What materials do you need for car mortgage?
General automobile mortgage materials are:
1, the second-generation ID card of the owner;
2. The borrower's own bank debit card;
3. Motor vehicle registration certificate;
4. Motor vehicle driver's license;
5. 1 vehicle spare key;
6. Vehicle compulsory insurance and vehicle commercial insurance effective during the mortgage loan period.
Legal basis: Article 400th of the Civil Code of People's Republic of China (PRC).
To establish a mortgage, the parties shall conclude a mortgage contract in writing.
A mortgage contract generally includes the following clauses:
(1) The type and amount of secured creditor's rights;
(2) The time limit for the debtor to perform the debt;
(3) The name and quantity of the mortgaged property;
(4) the scope of the guarantee.
So much for the introduction of how to mortgage a car.