How do I buy a house with a mortgage? 10. How to buy a house with a mortgage?

The process of buying a home loan is as follows:1. The borrower and the developer sign a purchase contract and pay the down payment.

2. The borrower submits a loan application and submits the loan information.

3. The bank accepts the investigation, reviews and approves.

4. The bank signs a loan contract with the borrower.

5. Handle notarized insurance procedures.

6. Banks issue loans.

With the development and change of the real estate market, housing prices are rising everywhere, and many people who want to buy a house will eventually choose to take out a loan to buy a house due to lack of funds on hand. So, how do you buy a house with a mortgage loan? What do you need to pay attention to when buying a house with a mortgage loan?

Let's find out together.

To buy a house with a mortgage loan, you must first go to the bank to understand the relevant matters of the loan, and then go through the relevant procedures and submit relevant legal and valid documents in accordance with the bank's regulations. Then the bank will review the loan application and relevant documents submitted by it, and after the review is approved and the loan amount is determined, it can start to handle the property mortgage registration and notarization. The last thing is to wait for the bank to release the loan, and after the loan is released, you can buy a house with a mortgage.

Precautions for buying a house with a mortgage loan.

1. Do not use your CPF before applying for a loan.

If you choose a CPF loan to buy a house, then the borrower should not use the CPF before applying for a loan, otherwise the loan amount will be affected. In other words, if the balance on your CPF account is zero, your loan amount will be zero, and you will not be able to apply for a CPF loan.

2. Do not repay the loan in advance within the first year of borrowing.

If you choose a mortgage loan to buy a house, do not repay the loan in advance within one year of borrowing, because many banks require the loan to be repaid in advance after one year, and also require the borrower to repay the loan amount for more than 6 months.

3. If you have difficulty repaying the loan, don't forget to look for a bank near you.

If your ability to repay the debt has decreased during the loan term, and you have difficulties in repaying the loan, it is best not to hold on yourself, but to seek help from the lending bank. It is very bright that many banks will apply for an extension of the loan period.

4. Don't forget the obligation to inform if you rent out your house after taking out a loan.

If you are renting out a mortgaged property, you are obliged to inform the tenant of this fact in writing.

Article summary: The above is about how to buy a house with a mortgage loan and what you need to pay attention to when buying a house with a mortgage loan, I hope it will be helpful to you. If you want to know more about it, please stay tuned to Qeeka Home.

Mortgage loan is now the most common way to buy a house, he can not only link the pressure of buying a house, but also the process is very simple, so how to get a mortgage house? If you want to know more, you may wish to take a look with us!

1. How to get a loan for a mortgage house.

1.The preferred lender needs to submit a written loan application and provide: the identity card of the loan party, the identity card of the spouse, the household register, the proof of marital status, the income certificate of the loan party and the spouse, the proof of the purpose of the loan, and other information required by the bank.

2.Open a personal account with the bank where the loan is made, and the buyer deposits the down payment of the house into the account designated by the bank where the loan is made.

3.After the bank's investigation and approval, the lender needs to sign a loan contract with the bank and a Letter of Authorization for Transfer and Deduction.

4.Handle the transfer of ownership, insurance, notarization and mortgage registration.

5.Hand over the title deed and hand over the title deed to the bank where the loan is made as collateral.

6.After the above procedures are completed, the bank will transfer the loan amount to the borrower's account, and then transfer the loan from the borrower's account to the developer's at one time according to the authorization of the "Transfer and Deduction Authorization".

2. Materials should be provided for the application for housing mortgage loans.

1.ID cards and household registration books of both husband and wife; Foreigners need to provide a temporary residence permit and household registration booklet.

2.If you are married, you need to provide a marriage certificate; In case of divorce, a divorce certificate or a divorce judgment from the court is required; If you are single, you need to provide proof of singleness.

3.Proof of income from the lender.

4.A copy of the business license with the seal of the lender's employer.

5.Lender's credit certificate: academic certificate, other real estate, bank statement, large certificate of deposit, etc.

Summary: The above is to share for you how to get a mortgage loan and housing mortgage loan application should provide materials, I believe you have a corresponding understanding after reading the above sharing, if you need to know more about relevant information, please continue to pay attention to Qeeka Home**, will answer for you one by one.

1) Choose a property.

When buyers learn that some projects can apply for chain mortgage loans in advertisements or through the introduction of sales staff, they should also further confirm whether the properties developed and constructed by the developer have received the support of the bank to ensure the smooth acquisition of mortgage loans.

2) Loan application.

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

3) Sign a contract for the purchase of a house.

After receiving the relevant legal documents of the mortgage application 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 of the mortgage loan. Buyers can sign the "Commercial Housing Pre-sale and Sales Contract" with the developer or its ** businessman.

4) Sign the mortgage contract.

After signing the house 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 prescribed by the bank, specifying the mortgage loan amount, term, interest rate, repayment method and other rights and obligations contained therein. Lu Zhao laughed.

5) 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. Under normal circumstances, due to the relatively long term of mortgage loans, banks require home buyers to apply for life and property insurance in order to prevent loan risks. When purchasing insurance, the buyer shall specify the bank as the primary beneficiary, and the insurance shall not be interrupted during the loan performance period, and the insured amount shall not be less than the total value of the collateral.

The insurance policy is placed in the custody of the bank until the principal and interest of the loan are repaid.

6) Open a special repayment account.

After signing the "Building Mortgage Loan Contract", the buyer shall open a special repayment account at the financial institution designated by the bank in accordance with the contract, 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. The bank confirms that the buyer meets the mortgage loan conditions and fulfills the obligations stipulated in the "Building Mortgage Loan Contract". After going through the relevant procedures, the loan will be transferred to the bank supervision account opened by the developer in the bank at one time, as a personal housing loan business of the buyer's purchase price as a stage guarantee.

1. You can go to any bank to buy a house with a mortgage, and the general borrower is recommended to go to a bank that has close contact with the developer to apply for a mortgage.

Information required for mortgage loan: ID card of the applicant and spouse, original and 3 copies of household registration (if the applicant and spouse do not belong to the same household registration, a certificate of marital relationship must be attached); Original purchase agreement; 1 original and 1 copy of the prepayment receipt for 30% or more of the room rate; Proof of the applicant's family income and proof of relevant assets, including salary slips, individual income tax bills, income certificates issued by the employer, bank deposit certificates, etc.; 1 copy of the developer's receiving account number.

2. The borrower completes the relevant procedures of the bank mortgage loan.

First of all, go to the bank to understand the relevant situation, bring all the above information to the bank to apply for a personal housing loan, and then accept the bank's review and determine the loan amount; Then you can apply for a loan contract, and the bank will handle the insurance on your behalf.

3. The borrower handles the registration and notarization of the property right mortgage.

4. The borrower waits for the bank to issue the loan, and the borrower cancels the registration after repaying the loan every month and paying off the principal and interest.

How many mortgage options are there to buy a home?

1. Commercial loans.

As long as the borrower has a bank deposit balance of more than 30% of the total proportion of the house purchased and has paid the down payment of the house, you can apply for a mortgage loan in the bank.

2. Provident fund loans.

The provident fund loan is a housing loan with the nature of policy subsidies launched for the working group, and the loan interest rate is lower than that of the bank commercial loan, and the handling fee of the housing provident fund loan is also halved in the handling of mortgage and insurance, so the loan cost is also lower than that of the bank commercial loan. If you want to apply for a provident fund loan, you must first be a contributor to the provident fund and the payment time must reach 6 consecutive months or a cumulative payment of 1 year, and the provident fund loan amount is related to personal qualifications, provident fund balance, local policies, etc.

3. Portfolio loans.

Portfolio loans are commercial loans plus provident fund loans, and the credit line of general provident fund loans is related to the borrower's provident fund balance and other factors. If the borrower is still unable to reach his or her desired amount after applying for a CPF loan, the borrower will apply for a business loan again. The advantage of portfolio loans is that the loan amount is large and the interest rate is reasonable, so it is the preferred way for everyone to borrow to buy a house, but the speed of portfolio loan is relatively slow, the process is complicated, and it takes a long time.

The first is to have a sufficient deposit, according to the current real estate market policy, you need to pay a 30% deposit for the purchase of a house and 60% for a second house. In addition, in order to increase the interest rate, the borrower needs to save more money, preferably double the salary of the monthly trip, so as to increase the loan approval rate. If the borrower withdraws the deposit from the depositor before the loan is disbursed, then the bank's deposit rate becomes 0.

This means that you will not be able to apply for CPF now.

Knowing how to repay in advance, there are currently two ways to buy a house with a bank loan, one is equal interest, and the other is equal principal. Although the interest rate is low, there is a large amount of money to be paid every month, which puts a lot of pressure on people. The average interest rate is slightly higher, but there is less pressure to repay each month.

You can choose the appropriate repayment method according to your specific situation.

Don't pay it back before December, it's best not to pay it back within a year! Because according to the relevant housing provident fund loan policy, the partial repayment period of more than one year in advance should be after one year, and the borrower's repayment amount cannot be less than six months.

Don't forget to inform the tenant when renting after the loan: if the rental property is within the lease period, the tenant must be notified in writing in the form of a return to the town. After the loan expires, you should contact the bank in time, and during the repayment period, if the repayment ability is reduced, do not be reluctant, you can apply for an extension from the bank.

After the investigation, some banks confirmed this and confirmed that the borrower would not default, so it was generally agreed.

When the loan is due, don't forget to cancel the mortgage: if the principal and interest have been repaid, you can take the bank's loan certificate and other relevant title certificates to the real estate transaction center to cancel the mortgage.

The above is the relevant explanation of how to buy a house loan, I hope that everyone can have a clear understanding of how to buy a house loan, and can better make a choice when choosing in the future life, so that family life is more convenient.