For many friends who urgently need a large amount of capital turnover, the quickest solution is to apply for a loan, and a home mortgage loan can especially solve the problem of large capital turnover, but there are many friends who don't know how to handle a home mortgage loan? What is the process? What documents do I need to prepare? How do I find the right product? The answers to these questions can be found below.
The process of housing mortgage loan in Changsha:
1. Loan consultation: prepare the information and determine what products to apply for.
2. Submit an application: apply to the bank, fill in the application form, and submit relevant information at the same time.
3. Lower account: Appraisal company or bank lower account assessment.
4. Reply: The bank issues a letter of approval.
5. Sign the contract: the two parties sign the loan contract and mortgage contract, and handle the relevant notarization and mortgage registration procedures as appropriate.
6. Loan issuance: After the approval of the bank and the completion of all formalities, the bank will issue the loan according to the contract.
7. Repayment on time: The borrower shall repay the principal and interest of the loan according to the repayment plan and repayment method agreed in the loan contract.
8. Loan settlement: Loan settlement includes normal settlement and early settlement.
Requirements for a mortgage loan in Changsha:
1. Applicants must be between 18 and 60 years old
2. The general mortgage loan amount is 50~70% of the appraised price of the property (some banks may increase)
3. The term of the mortgage loan is generally 1 year to 20 years
4. The maximum age of the house is within 20 years (a few banks can do it within 30 years, and most of them have spare houses that are easier to approve)
5. The interest rate of the mortgage loan is generally 10%-20% above the benchmark interest rate.
6. Have a certain source of repayment (valid proof is mainly bank statement, preferably the monthly effective income is greater than the expenditure, and the monthly repayment of the mortgage loan is twice as much)
7. Personal or company credit is good (if the overdue is less, the bank may increase interest or not approve the payment)
8. At present, the types of real estate accepted by banks include commercial housing, housing, shops, mortgage houses, second mortgages, serviced apartments, office buildings, office buildings, etc
9. Proof of other materials (provide more proof of assets.) For real estate mortgage loans, personal repayment ability is an important factor, so if you can provide proof of assets similar to other real estate, vehicles, securities, companies, etc., you can greatly increase the amount of bank real estate mortgage loans)
Information required for housing mortgage loan in Changsha:
ID card, household register, real estate certificate, marriage certificate, bank statement, loan purpose certificate, other asset certificate (house, car, insurance policy, large deposit certificate, etc.), business purposes, business license, official seal, upstream and downstream contracts, enterprise business statement, etc.
