Can second-hand houses in Chengdu be mortgaged?

1. Can second-hand houses in Chengdu be mortgaged?

How to buy a second-hand house mortgage loan? Mr. Gu called our hotline and said that he wanted to buy a second-hand house to live in, but he didn't know how to apply for a second-hand house mortgage loan. With readers' questions, the reporter learned from interviews with several commercial banks in Chengdu that at present, the banks have not directly handled this scattered business, but signed agreements with typical housing intermediary companies, and the housing intermediary companies will handle the formalities. According to the relevant personage of the Housing Credit Department of the Business Department of Sichuan Branch of Industrial and Commercial Bank of China, the reason why banks choose this way of entrusting loans by housing intermediary companies is mainly because they want to avoid risks. At present, the Housing Credit Department of ICBC Sichuan Branch has signed contracts with more than a dozen housing agencies in Chengdu, such as Jinfeng Yiju, Wanyuan Real Estate and Fufang Replacement. Judging from the implementation, this business only lent more than 27 million yuan last month. When the person in charge handles the loan procedures, he not only provides the buyers and sellers with the information of buying and selling, but also undertakes the services of transaction transfer. Therefore, it is wise to choose a housing intermediary to purchase a house as a mortgage. Sure, I'm watching some. Based on the in-depth analysis of the types and causes of the risks of second-hand housing mortgage loans, this paper puts forward the technical means of risk identification and evaluation, and with the cooperation of financial institutions, real estate brokerage evaluation institutions and relevant government departments, discusses in depth the specific measures and practices on how to effectively avoid all kinds of risks and gradually develop second-hand housing mortgage loans. Second-hand housing mortgage risk identification, assessment and avoidance Key words: second-hand housing mortgage risk identification, risk assessment and risk avoidance 1. With the in-depth implementation of the western development process, Chengdu, as a super-large city in the west, has a good situation in urban construction and economic development. Due to the adjustment of urban planning, more than 800 streets in the urban area have been demolished, which undoubtedly provides a good opportunity for real estate development in Chengdu. The demand for housing with monetary resettlement as the main production market is growing day by day. In the second group, more than 70% buyers choose the second-hand housing mortgage loan method. From the information of Chengdu, such as Jinfeng Yiju and Fufang, it shows that the second-hand house buyers can only choose mortgage loans for the basic reason. The second bank is unwilling to pay in one lump sum when the loan interest rate is the lowest in history. Its purpose is to make investors who use second-hand houses with their own funds unwilling to invest a lot of money in second-hand houses, and adopt the way of "renting houses"-renting houses first and then paying rent for mortgage. The above three types of customers constitute the main group of second-hand housing mortgage loans. The development of Chengdu's real estate industry has entered a more rational and benign development track after 1992 macro-control and 1998 monetary tightening. For a developed modern city, the main object of real estate market transactions will gradually transition from new commercial housing transactions to second-hand housing transactions. Before 200 1, the real estate transactions in Chengdu were mainly new commercial houses, and the second-hand housing transactions were very small and the market transactions were not active due to many restrictive factors such as housing reform, fund-raising housing and private housing listing policies. The transaction volume ratio of newly-built commercial housing to second-hand housing is 9:1; As the vanguard of China's reform and opening-up, Shanghai, a relatively developed mega-city in China, has entered a period of stable development in terms of both urban construction scale and real estate development after more than 20 years of development. The property market has also stepped into the pattern that second-hand houses and new commercial houses are equally divided. In 200 1 year, the transaction volume of second-hand houses in Shanghai has reached130,000 square meters, and the number of transactions has exceeded150,000 sets. The ratio of the transaction volume of newly-built commercial housing to that of second-hand housing is close to1:1. Since the beginning of 2002, the transaction volume of second-hand houses in Chengdu has increased significantly. The increase in the transaction volume of second-hand houses shows that the consumption concept of buyers tends to be mature, and a rational mode of step-by-step consumption has been formed. According to relevant statistics, the transaction area of second-hand houses in Chengdu in 2003 was 2,446,200 square meters, and the total transaction amount was 265,438+88 million yuan. Among them, individual purchases accounted for 94.3% of the total transaction volume, and the turnover ratio of second-hand houses to commercial houses was 1: 3. As can be seen from the above ratio, the transaction volume of second-hand houses in Chengdu is increasing day by day, and banks and other financial institutions are increasingly aware that personal housing mortgage loan business is a high-quality asset of banks because of its low default rate, and they are all making efforts to develop personal housing mortgage loan business. At present, in addition to CCB, China Merchants Bank, Bank of Communications, ICBC, Agricultural Bank of China, Commercial Bank and Bank of China have all started personal housing loan business, and kept close contact with many housing replacement companies in the city to establish stable and long-term cooperative relations. In the bank's second-hand housing loan business, although the default rate is low, with the expansion of business volume, the audit conditions of mortgage loans and the enlargement of customers, some bad debts have also formed. Loan customers also default from time to time. Explain that the risk of second-hand housing mortgage loans is also emerging. There are many definitions of risk, but in fact, the so-called risk refers to an uncertainty and the possibility of loss. As far as the risk of real estate loan is concerned, compared with the mortgage loan of newly-built commercial housing, there is no risk of second-hand housing loan caused by the developer's main fund, housing quality or failure to pay the mortgage on time (for example, many unfinished buildings in Chengdu, such as Jiangbo Huacheng, Shanghe City and overseas trading centers, etc.). However, due to the inconsistency between the completion time and the sales time of second-hand houses, the price of second-hand houses is greatly influenced by the short-term imbalance between supply and demand, the depreciation of residential functions and economic depreciation. The identification of property rights and other rights in second-hand housing loans is complicated, and intermediaries intervene in second-hand housing transactions and loan evaluation, which forms a unique risk in second-hand housing mortgage loans. Two. Risk Identification and Evaluation of Second-hand Housing Mortgage In the long-term work of evaluating the price of second-hand housing and providing second-hand housing consultation to financial institutions, we believe that the second-hand housing mortgage loan mainly has the following risks: (1) The risk of the lender (borrower's risk) In the practice of second-hand housing mortgage loan, the lender borrows from the bank with the purchased second-hand housing as collateral for housing consumption, and if the loan cannot be repaid on time, the loan risk will be formed. The causes of its risks include main reasons and objective reasons. The main reason is that under the guise of mortgage loan, the lender maliciously borrowed falsely and even forged identity certificates and income certificates to engage in false mortgage. The objective reason is that the borrower cannot repay the loan on time due to unemployment, disability, family changes or job changes. Judging from the consumption of second-hand houses in Chengdu, in recent years, more than 60% of second-hand house buyers are foreign and municipal construction resettlement households. Among these two groups of people, the former defaults on repayment due to factors such as high liquidity, unstable income, or improper arrangement of post-loan income and repayment ratio. The latter, due to the initial government monetization compensation, was used to pay the down payment, and then part of the money was invested in decoration. However, due to the change of living environment, the income is unstable or the basic income is lost, which leads to repayment default. Other second-hand housing customers refer to investors who invest in second-hand housing and expect to rent a house. Unexpectedly, due to the decrease of down payment, the increase of mortgage period and the decrease of mortgage interest rate, many renters entered the mortgage purchase group, which led to a sharp drop in rent, which eventually led to the risk that the monthly rent could not be paid, and the investor's capital plan was disrupted, so that he could not repay the loan on time. In particular, investment customers who buy multiple sets of second-hand houses or small-sized houses are extremely vulnerable to this domino investment risk, which eventually leads to the risk of second-hand housing loans. The relevant data provided by a bank's personal loan center also objectively supports the analysis of the causes of the above loan risks. (2) Policy risk 1. Interest rate risk: the current loan interest rate is the lowest in history. From the perspective of macroeconomic development and operation, it is less likely that interest rates will continue to be lowered, and it is more likely to raise interest rates. The mortgage loan contract of general banks stipulates that the new interest rate shall be implemented. Once the loan interest rate is raised, it will greatly increase the lender's repayment pressure, disrupt its existing funding arrangements, fail to repay as scheduled, and create loan risks. 2. Tax risk: State Taxation Administration of The People's Republic of China and the Ministry of Construction have probably put the issue of levying property tax on the agenda. Although the object of taxation, tax rate and tax base are all under discussion, it should be said that it is only a matter of time before the property tax is levied. Property tax collection may be to recover the land transfer fee every year, and the house price will be greatly reduced. But the result must be a sharp increase in the cost of raising a house. In addition to the monthly contribution, the lender must also bear a high monthly property tax. It is bound to cause repayment obstacles and lead to loan risks. (III) Economic Risk The economic risk of second-hand housing mortgage loan is mainly the price risk and building depreciation risk caused by the interaction of market demand, market competitive environment and social and economic development. 1. Price risk: Judging from the price trend of second-hand houses in Chengdu in the past three years, the price of second-hand houses has soared by nearly 20% every year. Especially in the last three quarters of 2003, with the strengthening of Chengdu's strength, the demand rose sharply in the short term, and the second-hand housing market mechanism with minimal supply elasticity could not coordinate itself. The price of second-hand houses has increased by more than 25%. Its price is almost equal to the price of commercial housing in the same lot. For example, in Huangzhong Community and Zhanqi Community outside the West Gate Second Ring Road, the house price has climbed from 1.400 ~ 1.500 yuan/square meter in 2000 to 2,200 ~ 2,300 yuan/square meter at present. In Dongguang Community outside the East Gate Second Ring Road, the house price has risen from 1.300 ~ 1.400 yuan per square meter in 2000 to 1.900 ~ 2 1.000 yuan per square meter now, which is amazing. At present, due to the improvement of water environment, the transformation of small and medium-sized streets and the increase of intensity, the price of second-hand houses in urban areas continues to rise. There must be a bubble behind such a big increase, and the rapid rise in prices has attracted a large number of professional speculators to enter the second-hand housing market. Once the demand for this bubble drops due to the general completion, the property market price will inevitably fall, and the second-hand housing loan will face great price risk. 2. building depreciation Risk: From the technical route of housing price evaluation, the depreciation of second-hand houses mainly includes physical depreciation, functional depreciation and economic depreciation. Physical depreciation can be identified from the construction years and service life of the house. Many banks stipulate that houses built before 1985 do not provide mortgage loans, which is actually a way to avoid risks. Functional depreciation refers to the depreciation caused by the fact that the use function of the house can not meet people's demand for the house. Depreciation risk of decoration: concealed works, such as aging of drainage pipes-water leakage and blockage-rectification costs; Wire aging (5 ~ 10 years)-fire hazard-house fire. For example, the "three small and one big" (small hall, kitchen, bathroom and big bedroom) has been replaced by "three small and one big" (hall, chef, David, small bedroom and more storage space) to provide mortgage loans for second-hand houses with backward functions. In case of default, the bank will face great value loss and long liquidation period when it is realized, so it chooses to buy. However, the identification of functional depreciation requires high professionalism and is difficult to quantify when evaluating. Economic devaluation refers to the deterioration of the surrounding environment and the loss of housing value. Since last year, Chengdu has entered a new wave of urban traffic construction. Overpasses, underground tunnels and elevated roads have been built on the main roads. The drop in car prices has made Chengdu "the second city of private cars in China". Urban diseases such as traffic jams, urban noise and exhaust emissions are plaguing Chengdu, the most livable city. Many houses on the road are at risk of economic devaluation. For example, the prices of second-hand houses in Guojia Hua Ting and Nanqiao Garden are falling instead of rising, which is in sharp contrast with the rising transaction prices of other second-hand houses. Economic depreciation is more difficult to quantify in evaluation and loan review, and it is easier to form loan risks. (IV) Real Estate Intermediary Risks Real estate intermediaries, including real estate consulting, evaluation and brokerage, are emerging intermediary services in recent years. It has played a positive role in promoting the development of the real estate industry with its professionalism, technology and consultation. In the process of second-hand housing mortgage loan, appraisers and brokers need a lot of cooperation in housing situation, customer situation, legal consultation, price evaluation, warrant handling, mortgage registration and so on. Once there is a problem in the intermediary link, the final risk will be transferred to the mortgagee-the bank. Therefore, the quality of real estate appraisal brokers and guarantees determines the risk of second-hand housing mortgage loans. Judging from the current situation of banks handling second-hand housing mortgage loans, the process is as follows: banks sign agreements with brokerage companies, and brokerage companies communicate with buyers and sellers to sign purchase contracts and collect agency fees. Buyers who need mortgage loans provide information to the bank, and the brokerage company informs the evaluation company to pre-evaluate the house and issue value opinions. After the bank has passed the preliminary examination, the transaction will be transferred. After the transfer, the appraisal company will issue an appraisal report, handle the mortgage registration, the bank will issue the loan after obtaining the certificate of other rights, and the buyer will repay the loan monthly within a certain period of time. As can be seen from the above process, real estate brokers and real estate price evaluation play an important role in second-hand housing loans. It makes the bank's function of identifying and evaluating the risk of second-hand housing mortgage loan professional and division of labor. Proper operation can greatly reduce the loan risk, while improper operation will increase the loan risk. 1. Real estate brokerage risk: According to incomplete statistics, there are nearly 1,000 real estate brokerage agencies in Chengdu, and the growth rate of brokerage agencies is very rapid. There are some problems, such as the uneven quality of employees and the need to improve the quality of personnel. Some brokers lack professional skills and execution level in trading, marketing and property rights, and a few brokers operate illegally driven by interests, disrupting market order. Even absconded with money, and the situation of selling more than one room occurred from time to time, which greatly increased the mortgage risk. Mortgage loan is a way for customers to choose after housing transaction. Its core is that banks provide loans to lenders through mortgage. In case of default, the mortgagee can realize the mortgaged house to pay off the loan balance. Brokerage agencies are responsible for the bank's guarantee. Before handling the mortgage contract, they are responsible for the authenticity of the second-hand housing transaction, the legality and authenticity of the transaction materials, and bear the guarantee responsibility to the borrower. Due to the particularity of second-hand houses, the information of both parties to the transaction is much more complicated than that of new commercial housing transactions, and often double certificates do not have the legal warrants of property owners. Among them, the conditions of housing reform and policy housing listing in various provinces and cities are inconsistent, the borrower's warrants are difficult to review and obtain evidence, and the transaction information is asymmetric. Once the brokerage agency provides false documents, the loan risk will be extremely high when the customer defaults, and the lawsuit will be very unfavorable to the mortgagee. 2. Risk of real estate price evaluation: The real estate price evaluation should follow the principle of "openness, justice and fairness", and independence, objectivity and fairness are the professional ethics of appraisers. At present, there are more than 80 real estate appraisal agencies at all levels in Chengdu, all of which have completed decoupling and restructuring, and are fully moving towards market-oriented operation. In the fierce market competition, the problems such as vicious price competition, high kickback, false appraisal, low fees and low appraisal quality are more prominent, and even some appraisers collude with brokerage agencies to raise the appraisal price to meet the needs of customers' loans, which greatly damages the economic interests of the parties and increases the risk of second-hand housing mortgage loans. Second-hand housing price evaluation is a highly professional job, which requires high technical, scientific and market experience. In view of the current situation that the price of second-hand houses has increased greatly, evaluation institutions and employees should proceed from the market, strengthen scientific management of evaluation, restrain the behavior of appraisers, and truly achieve objective and fair evaluation operation, so as to help banks avoid loan risks while winning market returns. (V) The main risks of the bank are not careful and strict in reviewing the lender's situation, inaccurate in investigating the lender's identity, insufficient in understanding the authenticity of the proof of income source, not strict in reviewing the transaction warrant, unfamiliar with the market price by the account manager, lack of necessary communication and contact with the mortgage registration department, the housing management department and the land department, and inadequate in file management and customer management, resulting in loan risks. Based on the above points, we identify and evaluate the causes of mortgage loan risk of second-hand houses from the aspects of loan subject, policy risk, tax risk, housing discount risk and brokerage evaluation institution. It should be said that the existence of risks does not depend on people's subjective will. In the face of various risks in commercial bank loans, how to turn passivity into initiative, turn disadvantages into advantages, or control possible losses within their own tolerance is an important issue that risk managers must consider. Generally speaking, there are four strategies for risk management: avoiding the risks that may happen soon, and identifying and avoiding them as early as possible; Fixed risk is to take various measures to fix the predicted near-term risk; Transferring risk means transferring risk to yourself to reduce risk; Disperse risks to reduce the overall risk level, while ensuring a better return on assets, so as to achieve the purpose of preventing risks. In view of the possible risks of second-hand housing mortgage loans, we can take some measures to avoid related risks. Third, the second-hand housing mortgage loan risk avoidance measures (1) improve the quality of bank managers and enhance their ability to identify and evaluate risks. As mentioned above, the borrower's default risk, market risk, policy risk, etc. Combined with the complicated mortgage loan situation of second-hand houses, the diverse backgrounds of borrowers, the difficulty in obtaining evidence of second-hand houses and the complicated entity situation. Bankers should actively improve their own quality, strengthen the investigation and analysis of the real estate market, and operate in strict accordance with the loan operation process. To identify malicious loan fraudsters and fraud intermediaries, the following specific measures can be taken. 1. Strengthen the professional training of real estate for bankers, regularly investigate and analyze changes in market prices, collect information on real estate transaction prices published by the government, collect information on the operating resources of intermediaries, classify brokers and evaluation agencies, select institutions with high qualifications and good social reputation for cooperation, and invite industry experts to conduct professional training for business personnel, so as to enhance their professional level and sensitivity to the transaction prices of second-hand houses. 2. Do a good job in pre-loan investigation: know whether the borrower's loan is used for self-occupation or investment, income source and family situation, whether the job is stable, the borrower's age, identity, education level, and the number of job changes in the past three years. , repayment time, the proportion of monthly repayment amount to family income, the proportion of total house rent to family annual income, the proportion of down payment, whether to buy guarantee insurance, etc. And conduct an in-depth and detailed investigation. 3. Strengthen post-loan management: Personal mortgage loan is characterized by long loan period and large amount, and the donor and collateral may change. There are many unknown factors in the long-term dynamic management process. Therefore, in addition to setting predictable security functions before lending, we should also strengthen the dynamic management after lending, such as proper custody of loan contracts, documents and files, filing and keeping, and timely updating and perfecting resources. (2) Strengthen the research on the government's macroeconomic policy, real estate policy and the direction of the central bank's financial policy. Predict and analyze the changes of tax policy in the real estate industry in a forward-looking way, and effectively avoid related risks. (C) to avoid the intermediary risk of second-hand housing mortgage loans. 1. Strengthen the contact with the housing management department and the land management department, especially the mortgage registration link, to ensure the authenticity and legality of the mortgage. The housing property right certificate and land use right certificate in question shall be checked by the relevant departments. 2. Attach importance to long-term fixed cooperation with brokerage agencies, real estate price assessment agencies and land assessment agencies. The real estate intermediary market started late and the market is immature, and the intermediary operation is entering the process of standardized operation. Securities evaluation agencies are also constantly developing and improving under the market competition and government constraints, but some specific operational links still depend on industry self-discipline and professional ethics of employees. Therefore, in the process of selecting intermediary agencies for second-hand housing mortgage loans, financial institutions should strengthen the investigation on the qualification level, technical quality, professional performance and professional ethics of the institutions, select a number of high-level intermediaries, and establish long-term and stable cooperative relations. With the help of the professional technology of intermediary agencies, the risk of second-hand housing loans can be effectively avoided. (4) Establish an insurance guarantee system. The insurance system is established for the borrower's debt repayment safety. In the second-hand housing mortgage loan, due to the existence of irresistible risks, insurance companies need to intervene to prevent property losses caused by various disasters, and the insurance funds formed by insurance premiums are large in amount, stable in source and long in use period, which is a way to bear the risk losses in mortgage loans. To sum up, if the government, banks, real estate brokers, evaluation agencies and insurance companies can actively identify and evaluate the risks of second-hand housing loans and take corresponding measures to avoid them, then we have reason to believe that when the risk peak of second-hand housing mortgage loans really comes, the second-hand housing transaction and mortgage loan industry can still develop healthily and steadily, and truly provide people with the protection of home ownership and home ownership. Reference: Chengdu Real Estate Market Report, sponsored by Chengdu Real Estate Information Center. Sheng Yong and Wen Cheng, the second issue in 2004. At the risk of breaking the bridge. Enterprise management press. Published in July, 1998. Edited by Liu Hongyu. Real estate development, operation and management. Published in April, 20001year.

Second, can a second-hand house in Chengdu be mortgaged?

Yes

The specific operation process of second-hand housing mortgage loan is as follows:

1, sign the contract.

2. To sign a loan contract, both the buyer and the seller need to be present at the same time and bring all the above materials. The buyer also needs to prepare the down payment.

3. Appraisal: CITIC arranges an appraisal company to conduct on-site appraisal, and the owner can cooperate.

4. In case of online signing, the signing center shall designate a special person to accompany both parties to the online signing window of the Construction Committee, and the online signing price shall ensure the customer's loan requirements.

5. Review: review according to the materials provided by the buyer and the seller, combined with the evaluation report and the online signing contract.

6, loan approval, after the audit, decide whether to approve the loan, and approve the loan amount, and issue a loan approval letter.

7. Transfer: Before the signing center arranges the buyers and sellers to register and transfer the property rights, the buyers and sellers need to submit a large property fee in advance; On the day of transfer, you need to pay various taxes and fees to the local taxation bureau according to the transaction amount of the online contract. On the same day, the buyer can receive the license notice issued by the Construction Committee and the deed tax ticket issued by the Local Taxation Bureau.

8. Lending: Lend money to the seller within 3 working days after the transfer is completed.

9. Property delivery. After the transfer is completed, both parties hand over the house, usually on the day of transfer. Special circumstances can be negotiated by both parties.

10, get the house ownership certificate. Generally, you can get the house ownership certificate within 10 working days after the transfer is completed, which varies from district to district.

1 1. mortgage registration. After the transfer, the buyer shall cooperate with the bank to handle the mortgage registration procedures and hand over the original mortgage registered house to the buyer.

Second-hand housing mortgage loan conditions:

1, with urban permanent residence or valid residence status;

2 have a stable occupation and income, good credit, and the ability to repay the principal and interest of the loan;

3. There is a purchase contract or agreement;

4. Be able to pay a deposit of not less than 50% of the national defense evaluation price after full purchase;

5. Agree to use the purchased house as collateral, or provide assets recognized by the loan bank as collateral or pledge, or have a unit or individual with guarantee qualification and sufficient compensation capacity as a guarantor to repay the principal and interest of the loan and bear joint liability;

6. Other conditions stipulated by the lending bank.

3. Can second-hand houses be mortgaged?

Due to the rapid rise of urban housing prices and the shortage of new housing resources, second-hand houses are increasingly welcomed by many people, but buying second-hand houses also requires a lot of money, so many people will want to buy second-hand houses through mortgage loans. Can second-hand houses be mortgaged? The following article will take you to understand.

Second-hand housing can apply for mortgage loans, and second-hand housing mortgage refers to buying a house. When the funds for purchasing the second-hand house are insufficient, the second-hand house is used as collateral to apply for a loan from the bank to pay the remaining refund except the down payment, and the buyer needs to repay the principal and interest to the bank in installments. But when the buyers pay off the principal and interest of the loan, they have full ownership of the house.

Second-hand housing mortgage loan object

Property buyers applying for second-hand housing mortgage need to meet at least the following three points:

1, 18 to 60 years old, a natural person with full capacity for civil conduct;

2. Have a stable occupation and income, have repayment ability, and have a good credit record;

3. The purchase price (down payment) shall not be less than 20% of the purchase price.

Materials to be prepared for mortgage payment of second-hand houses

1. The seller shall provide information.

1, ID card, temporary residence permit and household registration book of both husband and wife;

2, the marriage certificate of both husband and wife, singles need to provide proof of singles;

3. Proof that the spouse and * * * people agree to sell the house;

4. Property certificate: mainly including the original purchase contract, agreement and relevant approval documents for the sale of purchased commercial housing, affordable housing and relocated housing;

5. Other relevant materials;

Second, the buyer should provide information.

1, ID card, temporary residence permit and household registration book of both husband and wife;

2, the marriage certificate of both husband and wife, singles need to provide proof of singles;

3, property buyers need to provide proof of income or solvency issued by the unit;

4. The second-hand house sales contract signed by the borrower and the buyer;

5. The education certificate of the buyer;

6. The bank current passbook of the person applying for mortgage loan;

7. Other materials required by the bank;

Second-hand housing mortgage process

1. The buyer and the seller reached an agreement.

Both buyers and sellers of second-hand houses are willing to apply for mortgage loans, and then prepare the corresponding materials themselves.

2. Loan application

After the buyers and sellers of second-hand houses carry the materials, they fill in the application form of personal loan for second-hand houses in the bank. After a preliminary evaluation, the staff gives the approximate loan amount and years, and then the three parties agree on the time to evaluate the house.

3. Assessment by assessment agencies

The bank entrusts the real estate appraisal agency to the house site for appraisal, and then provides the specific appraisal report to the bank.

4. Bank approval

The bank examines the lender's qualification, and approves the loan amount and term according to the housing evaluation report and the lender's qualification.

5. Pay the down payment and handle the transfer.

After the bank loan is approved, the buyer needs to pay the down payment for the house, and then the buyer and the seller and the bank staff go to the real estate trading center to handle the house transfer with the down payment certificate, the mortgage application issued by the bank and other materials. Transfer can generally be completed on the same day, but it takes about 20 working days to get the real estate license.

6. Deal with mortgage registration, insurance procedures and bank loans.

After buying a house and getting the real estate license, you can go to the bank for mortgage registration and insurance, and then go through the relevant procedures for loan issuance. If you buy a house, you need to repay the principal and interest on time according to the contract.

The above is about whether the second-hand house can be mortgaged. I hope we can provide some help when buying a second-hand house, so that we can successfully complete the mortgage loan.

4. What is the current interest rate of second-hand houses in Chengdu?

According to the latest interest rate policy, it is about 4. 1. Now the mortgage interest rate in Chengdu is relatively low, because the country is also reducing the cost of buying a house.