housing loans

Individual housing loans is the use of credit funds to the bank in the Chinese mainland cities and towns in the purchase, construction, overhaul all types of housing loans issued by a natural person. That is usually called "personal housing mortgage loans.

---- 1, loan purpose: to support individuals in the Chinese mainland cities and towns in the purchase, overhaul of housing, its main products are unsecured and short-term guarantee for individual housing loans, which are usually called "personal housing mortgage loans."

---- 2, loans: the full civil capacity of Chinese citizens in mainland China have the right of abode with full civil capacity of natural persons in Hong Kong, Macao, the Chinese mainland have the right of abode in the full civil capacity of Foreigners.

---- 3, loan conditions: the borrower must meet the following requirements: (1) have a legal status; (2) have a stable income, good credit, the ability to repay the loan principal and interest, (3) a valid The purchase, overhaul of housing contracts, agreements and loans to other requests for documents, (4) to purchase (overhaul) the price of housing over 20 percent of all the self-financing and guarantees for the payment of the purchase (overhaul) Housing The first payment (5) has approved loans to the mortgage or pledge assets, or (and) there is sufficient compensatory ability of legal persons, other economic organizations or individuals as a guarantor, (6) Bank loans under other conditions.

---- 4, line of credit: a maximum of purchase (overhaul) of all housing price or assessed value (whichever is lower) of 80 percent;

---- 5, loan deadline: general maximum of 30.

---- 6, loan interest rates: the implementation of lending rates of commercial lending rates, the ceiling opened up, the implementation of minimum level management, lower interest rates for the corresponding period of loan grade of 0.9 times the benchmark rate.

---- 7, loan applications should be submitted to the information:

----( 1) a photocopy of identity documents (identity card, residence booklet, Jun Guanzheng, China's mainland have the right of abode in the territory, foreign natural persons for passports, permits to visit relatives, go home for residence permits and other documents or other identity documents );

----( 2) approved loans to borrowers ability to repay supporting information, such as: proof of income and assets that, and so on;

----( 3) legal and effective to buy (overhaul) housing contracts, agreements and related documents of ratification;

----( 4) mortgage or pledge of security, the need to provide collateral or pledge the rights of ownership documents and the disposition consent of the mortgage or pledge in writing;

----( 5) guarantee of security, to provide sponsors agreed to provide a written security guarantee and commitment to the creditworthiness of proof;

----( 6) for the purchase of the borrower (overhaul) of the self-financing housing-related proof;

----( 7) housing sales (PWC), or permit the sale of real estate properties of the C of E (existing home) (photocopy);

----( 8) provides loans to other documents and information

---- 8, customer loan process:

----( 1) to apply. Bank customers to submit written applications for loans, and to submit relevant information.

----( 2) signed a contract. Loan applicants received loans approved by the bank after notification to the loan signing of loan contracts and to guarantee contracts and, where appropriate, legalization, mortgage registration, insurance and other related procedures.

----( 3) to open accounts. Selection by way of deduction of loan repayment, to be entrusted with the bank signed an agreement charge, and loans to the designated business outlets open for the repayment of the savings passbook savings account or card, credit card accounts. At the same time, Shoufang in loans to people to open accounts or deposits Shoufang clearing accounts.

----( 4) unspent loans. The loan will consent to the release of the loan, completed the formalities, loans to borrowers in accordance with the contractual agreement, the loans will be transferred directly to borrowers in the loan to open a deposit account or a loan or at the people assigned to Shoufang In loans to open a deposit account.

----( 5) the repayment schedule. Borrowers by borrowing contractual payment plan, repayment of outstanding loans means the principal and interest. At present, for the repayment of a commission charged and the way Guimian repayment in two ways.

----( 6) loan to settle. Including the early settlement of loans and settlement of the normal two to settle. Early settlement is due on the loans (one-time loan servicing category) or a final loan (amortization type loans) before the settlement of loans; normal settlement means the loan maturity date (one-time debt service) The last one or loans (amortization type loans) to settle loans. Such as the early settlement of loans, the borrower must meet liquidity in the money after 10 days in advance loans for firms to settle in advance. When closing the loan, the borrower will receive loans from the "settlement of loans that," recover ownership of real estate mortgage registration documents and the original insurance policy, and a loan issued by the line "to settle loans prove" to the original mortgage registration department Write-offs for mortgage registration procedures.