How to carry out real estate mortgage loan

1. To apply for the mortgage loan of real estate, the borrower puts forward the purpose, amount and duration of the loan.

2. Prepare loan materials. The borrower will prepare all the documents and certificates required for loan application as required.

3. house inspection and evaluation: the relevant institutions conduct on-the-spot investigation and evaluation of the mortgaged house for the real estate mortgage loan.

4. Apply for loan. For real estate mortgage loan, submit all loan application materials together with evaluation report or appraisal opinion to the bank for approval.

5. notarization of loan contract: after the borrower and the mortgagor fill in (loan contract) and all relevant documents, sign and affix their fingerprints, the notary will notarize them.

6. mortgage registration procedures: the bank shall go through the mortgage registration procedures with the housing management department on the strength of the house ownership certificate and the notarized loan contract.

7. account opening and lending: the borrower opens a repayment account and the bank lends money to the account.

Real estate mortgage loan is a kind of loan provided by the bank to the borrower's real estate, securities and other documents through a certain contract to legally obtain the lien and pledge right of the borrower's property.

the loan term of new house loans shall not exceed 3 years, and that of second-hand houses shall not exceed 2 years; The loan amount is 7% of the appraised value of the house; The loan interest rate is implemented according to the loan interest rate of the same grade in the same period stipulated by the People's Bank of China, and the benchmark annual interest rate is 5.94%.

mortgage loan conditions: the term of the house is within 2 years; Banks have different requirements for the size of houses; Houses should have strong liquidity; Commercial housing, apartments, shops and office buildings are generally required.

Generally, real estate mortgage loans need to be handled by professional real estate guarantee companies. Real estate mortgage loans have become an important means of personal real estate financing for residents. Loans are made through mortgage loans to meet temporary consumption needs or even business needs, with a view to revitalizing the real estate held by residents. Moreover, among various financing channels, real estate differential mortgage loans are still one of the lowest-cost ways. According to the data provided by Beijing Houze Investment Guarantee Co., Ltd., the first wholly foreign-owned real estate guarantee company in China, nearly 3% of the real estate mortgage loans are used to buy houses again, and other uses account for a relatively high proportion: business use, car purchase, study abroad and immigration, decoration and purchase of bulk consumer goods.