Where do I go to get a mortgage loan in Fuzhou? Is the procedure convenient? How long does it take?

Whether it is Fuzhou or other areas, the best way to get a mortgage is to go to a local bank, which is more formal. Generally home mortgages take 22-25 working days.

The conditions for a property mortgage are as follows:

A natural person aged 18-65 years old;

Have a proper occupation and a stable source of income, and have the ability to repay the principal and interest of the loan on time;

No illegal acts;

Good credit, bad credit record;

Be able to provide the bank's recognized and valid rights pledge guarantee or can provide legal and effective property as collateral guarantee or a third party guarantee with solvency;

open a bank personal settlement account and agree that the bank debit the principal and interest of the loan from the personal settlement account designated by the bank;

the property right of the house is clear, and it meets the conditions of listing and trading as stipulated by the state;

the property can be circulated in the real estate market without any other mortgages;

The age of the house and the number of years of the loan application should not add up to more than 40 years;

The mortgaged house is not included in the local urban renovation and demolition plan, and has property and land certificates issued by real estate departments and land management departments;

Other conditions stipulated by the bank.

Property mortgage preparation information:

Original and photocopies of ID cards of the borrower and spouse;

Original and photocopies of the hukou book of the borrower's husband and wife;

Certificate of marital status;

original letter of the agreement on the purchase of a house;

Original and photocopies of receipts of prepayment of 30 percent or more of the price of the house;

Proof of income;

Bank current;

Proof of education;

Bank deposit slip;

Other proof of financial strength;

Developer's collection account number;

Other documents as specified by the bank.

Process of property mortgage:

Borrower opens a current deposit account in the bank;

Preparation of information required for the loan;

Interview with the bank;

Bank's filing and approval;

After the bank's approval, it notifies the borrower of the approval result and signs a loan contract with the borrower;

Go to the Building Committee for mortgage registration;

Construction Committee to issue the certificate of its rights;

Processing of insurance, notarization and other formalities, as appropriate;

Bank to transfer the loan directly to the account agreed in the contract;

Borrower to repay the principal and interest according to the provisions of the loan contract.