If you buy a house with a mortgage at the bank, what is the whole process?

If you apply for a housing loan at China Merchants Bank, you need to meet the local housing purchase policy, and the age plus loan term shall not exceed 70 years old, and you must provide identity certificate, purpose certificate, income certificate, etc., and contact the loan handling bank for specific consultation.

If you need to apply for a first-hand property loan, you can first confirm with the developer whether there is a cooperative relationship with our bank, and if so, you can directly contact the staff of the real estate station and hand over the information to the staff. If not, you will need to contact the local counter and personal loan department directly to provide your personal information and the status of the property you are buying to apply.

If you need to apply for a second-hand property loan, you will generally apply for a loan from the bank before you go through the property transfer procedures. You can contact the local counter personal loan department to provide your specific information and the property you purchased, and the counter personal loan department will review your comprehensive situation and determine whether it can be processed.

Legal analysis: The process of buying a house with a bank mortgage is:1

Buyers need to go to the bank to understand the relevant situation and apply for the relevant required information to apply for a personal housing loan; 2.The bank will handle the insurance on behalf of the bank, and then handle the registration and notarization of the property right mortgage; 3.The bank issues the loan, and the borrower cancels the registration after repaying the slag and paying off the principal and interest every month.

Legal basis: Measures for the Administration of Personal Housing Loans

Article 7 The borrower shall apply for a loan directly to the lender. The lender shall give a formal reply to the borrower within three weeks from the date of receipt of the loan application and the required materials. After the lender approves the loan, it will issue a housing loan to the borrower in accordance with the relevant provisions of the General Principles of Loans.

Article 8 The amount of the loan granted by the lender shall not be greater than the value of the housing to be purchased as assessed by the real estate appraisal agency.

Article 9 If an application is made for the use of a housing provident fund loan to purchase a housing model, after the loan application is approved, the lender shall transfer the funds to the account opened by the seller in the bank by transfer according to the time agreed in the loan contract. The maximum loan amount of the housing provident fund shall not exceed twice the amount of the housing provident fund paid by the borrowing family member within the retirement age.

The specific procedure is as follows:

1. Buyers need to go to the bank to understand the relevant situation and apply for relevant required information to apply for personal housing loans. The bank will then review the buyer and determine the amount of the loan.

2. Next, the bank will handle the insurance on behalf of the bank, and then handle the registration and notarization of the property right mortgage. All that remains is for the bank to issue the loan, and the borrower will cancel the registration after monthly repayment and repayment of principal and interest.

3. The information and process required for applying for a housing loan are as follows: household register, marriage certificate, ID card, income certificate, bank statement, house purchase contract (married husband and wife information are provided) Conditions: as long as there is a stable income and bank statement, as long as the bank statement is available every month, the monthly income on the income certificate needs to be 2 times the monthly payment.

In general, banks cannot be overdue three times in a row and six times in a two-year period, and this is on a household basis.

Expand the resources of the potato auspicious material:

Borrow money to buy a house.

Loan to buy a house refers to the loan business in which the buyer applies for a loan from the bank to pay the purchase price with the building in the housing transaction as collateral, and then the buyer repays the principal and interest to the bank in installments, also known as the mortgage loan.

Housing loan, is the buyer to fill in the application for housing mortgage loan to the bank, and provide legal documents such as ID card, income certificate, housing sales contract, guarantee and other documents that must be submitted, the bank after examination and qualified, to the buyer promised to issue a loan, and according to the buyer to provide the house sale contract and the mortgage contract signed between the bank and the buyer, for real estate mortgage registration and notarization, the bank in the contract within the time limit directly transferred the loan funds to the sales unit in the bank's account.

1. Understand the credit situation.

First of all, if you want to take out a loan to buy a house, the buyer must first check whether his personal credit meets the loan conditions, and the free house is also optimistic.

2. Understand the bank.

Before applying for a loan, buyers can first go to the bank to consult, ask about the conditions, interest rate, approval time, loan disbursement time, etc., and then compare and choose a cost-effective bank.

3. Prepare the information required for the loan.

Prepare ID cards, household registers, marriage certificates, work certificates, income certificates, file check certificates and other materials.

4. Sign the loan contract.

If the loan conditions are met, the buyer will go to the sales office of the house he is optimistic about to sign the sales contract, pay the down payment, and prepare the materials required for the loan to apply for the loan. The next step is to sign a loan contract with the bank, pay various fees, and apply for mortgage and insurance. This step is time-consuming, and the bank needs to answer the review sensitively, and how long it takes is different for each place and bank.

After that, the buyer needs to wait for the notice to go to the bank for an interview, and wait for the bank to verify the materials, and after the bank verifies, the buyer will be notified to take the materials and go to the housing authority to make a mortgage.

What are the things you need to pay attention to when buying a house with a loan?

1. Do not use the provident fund before applying for a loan. If the borrower withdraws the CPF balance before the loan to pay for the house before the bridge, then the CPF balance on the CPF account will be zero, so the CPF loan amount will be zero, which means that the CPF loan will not be able to apply for the CPF loan.

2. Do not repay the loan in advance within the first year of borrowing. According to the relevant regulations of CPF loans, partial early repayment should be made after one year of repayment, and the amount you repay should exceed the repayment amount of 6 months.

3. If you have difficulty repaying the loan, don't forget to look for a bank around you. When your ability to repay your debts decreases during the term of the loan and you have difficulty repaying the loan, don't push yourself on. ICBC customers can apply to ICBC for an extension of the loan term, and if the bank investigates and finds that the loan principal and interest are not in arrears, ICBC will accept your application for extension of the loan term.

4. Don't forget to inform the obligation to rent out the house after the loan. When you rent out a mortgaged property for the duration of the loan, you must inform the tenant in writing of the fact that the mortgage has been mortgaged.

5. Don't forget to revoke the mortgage after the loan is paid off. After you have paid off all the principal and interest of the loan, you can go to the real estate transaction center in the district or county where the property is located to revoke the mortgage with the loan settlement certificate from the bank and the certificate of other real estate rights of the mortgage.

6. Do not lose the loan contract and IOU. When applying for a mortgage loan, the loan contract and IOU signed by the bank with you are important legal documents. Since the loan term can be up to 30 years, as a borrower, you should keep your contracts and IOUs safe.

Buying a house with a loan is a relatively common way to buy a house, so how to apply for a bank mortgage loan to buy a house? On the premise of applying for a housing loan, you must have a stable income and good credit, and the bank will generally investigate your repayment ability to determine whether you have passed the approval of the mortgage.

Mortgage 1. If buyers want to get mortgage services, they should pay attention to this aspect when choosing a property. When a home buyer learns that some projects can apply for mortgage loans through advertisements or salespeople's Jiechang Doushao, they should further confirm whether the developer's development and construction of the property has received bank support.

2. After confirming that the property selected by the applicant has received mortgage support from the bank, the applicant should learn about the bank's regulations on the mortgage loan support for the buyer from the bank or the law firm designated by the bank, prepare relevant legal documents, and fill in the "Mortgage Loan Application".

3. After signing the purchase contract and obtaining the voucher for payment of the house payment, the buyer shall sign the "Building Mortgage Loan Contract" with the developer and the bank with the relevant legal documents stipulated by the bank to clarify the mortgage loan amount, term, interest rate, repayment method and other rights and obligations.

4. After signing the "Mortgage Loan Contract", the buyer shall open a special repayment account at the financial institution designated by the bank and sign a power of attorney according to the contract.

With the progress of the times and the opening up of the social atmosphere, we all know that if you don't have enough funds when buying a house, you can find a bank loan! So, how to buy a house with a bank loan? What information do you need to prepare when buying a house with a mortgage at the bank?

So, what is the process of buying a house with a bank loan?

1.Select the property.

If you want to get a mortgage on your home, you should focus on this aspect when choosing a property.

2.Apply for a mortgage loan.

After confirming that the property you choose is supported by a bank mortgage, the buyer should ask the bank or the law firm designated by the bank about the bank's regulations on the buyer to obtain mortgage loan support, prepare relevant legal documents, and fill in the "Mortgage Loan Application".

3.Bank annihilation review.

After the bank accepts the loan application of the house buyer, it shall conduct a qualification review of the house buyer in terms of the qualifications of the civil subject, credit status, repayment ability, etc., to confirm whether the specified conditions are met. If the buyer blindly signs a house purchase contract with the developer without obtaining the bank's mortgage loan support confirmation, he will not be able to obtain the mortgage loan when he does not meet the bank's conditions, which will cause passivity outside the funds and be forced to choose other payment methods, thus affecting his own financial arrangements, or even giving up the purchase of the house, resulting in the loss of the deposit.

4.Sign a contract for the purchase of a house.

After receiving the mortgage application and relevant legal documents submitted by the buyer, the bank will issue a notice of consent to the loan or a letter of commitment for the mortgage loan to the buyer after reviewing and confirming that the buyer meets the conditions for the mortgage loan.

5.Sign a mortgage contract.

After signing the purchase contract and obtaining the proof of payment, the buyer shall sign the "Building Mortgage Loan Contract" with the developer and the bank with the relevant legal documents stipulated by the bank, specifying the mortgage loan amount, term, expected annualized interest rate, repayment method and other rights and obligations.

6.Mortgage registration and insurance.

Buyers, developers and banks should go through the mortgage registration and filing procedures with the real estate management department with the "Building Mortgage Loan Contract" and the house purchase contract. For off-plan properties, the mortgage registration should be changed after completion.

7.Open a dedicated repayment account.

After signing the "Building Mortgage Loan Contract", the home buyer shall, according to the contract, open a special repayment account for trillion rents at a financial institution designated by the bank, and sign a power of attorney to authorize the institution to pay the loan principal and interest and arrears related to the mortgage loan contract from the account.