Most of the houses are considered to be major investments, so it is very frequent for people to choose to take their own properties to apply for mortgages when they need money. You're probably thinking about how to do it and how to do it

Where does the mortgage go

First, mortgage applications can be made in most mainstream commercial banks, such as the Bank of China, the Agricultural Bank, the Construction Bank, the Business Bank, etc. However, the following conditions are required to apply: first, you must have a legal identity card, then a stable source of income and the ability to cope with the principal of the loan; you must have a good credit record, and a contract for the purchase and sale of the house needs to be valid。

Next is the application process:

1. Preparation for a loan: You can first express your interest in the loan to the bank and know the conditions of the application. The loan application form is obtained, the specific application material is asked, the application form is completed and relevant information is prepared。

2. Submission of applications: all necessary materials, including identification cards, home title certificates, bank flow for almost six months, work certificates, letters of credit reports, loan application forms, etc., are prepared and submitted to the bank。

3. Examination of the materials and evaluation of the house: The bank will verify all information submitted and evaluate your qualifications. This may involve calling for information about your economy and work。

4. Receive the results of the audit and sign the contract: upon completion of the evaluation, the bank will inform you of the results by telephone or by text message. The bank will consult with you on the amount of the loan and conclude a contract. The results of the housing assessment are contested and can be submitted directly to the bank。

5. Mortgage registration: After a loan contract has been signed, you need to register with the Housing Authority on the basis of a home title certificate and a loan contract。

Receipt of loans: Banks usually lend after 15-30 working days after completion of the mortgage registration. The entire application process for mortgages is completed when the payments are made on time。

In general, you can easily apply for and obtain mortgages, although the process requires a large number of materials。