Do you want to know how to handle your personal mortgage? Then give the bank a lien and a pledge, so that you can get a loan. So what do you need to do in the process? Let's get closer together。

What about personal mortgages

First of all, you have to apply to the bank for a loan, fill out the corresponding loan application form and give some basic information about your personal needs, why you need this amount, how much you want to borrow, and how long you want to pay。

The second step is to submit the necessary loan documents, such as home ownership certificates and land use permits. Similarly, you are required to submit documents such as the certificate of basic personal information and the certificate of income, which are required to be submitted, and the bank regulations。

Then you need a professional evaluation body to evaluate the value of your house and report the results to the bank for approval。

Once the bank has approved your materials, you will begin to sign a loan agreement with them for notarization. Then you need to start the process of mortgageing your house to the bank, and don't forget to hand them his papers。

Finally, as long as the bank gives you the money, you have to pay the bank in due time. Once all the money is paid, the bank will release your mortgage registration, and the entire loan process will be over。

At the same time, there are some things you need to notice: if your property is in multiple names, then you need their written consent to mortgage it. Moreover, if you are divorced, proof of marriage may require both a divorce agreement and a court decision. If you're not married after divorce, then you need proof。

In general, mortgages are used to renovate, study or purchase large amounts of durable consumer goods for household use, but if you use them for speculation, such as stock, house or gambling, banks have the right to recover. Moreover, mortgages can only be applied for if the property has been repaid, i.e. if your house is in a mortgage state, it is already in the hands of the bank, even if you have the right to use it, but you do not have the full right to own it, so you cannot apply for another mortgage. Of course, the house used for the mortgage must be recognized by the bank。