When will the contract for faster loan be signed?

Sign the loan after approval. Buyers who apply for loans to buy auction houses will submit loan applications and related audit materials to the bank, which will examine and approve the lender's application materials, the lender's income and credit information. After approval, the bank will notify the lender to sign an auction loan contract with the bank.

Forward housing loan process

1. Employees who purchase houses can consult the loan undertaking bank or housing provident fund management institution through the selling unit to calculate the loanable amount and term.

2. The purchaser applies for a loan from the undertaking bank, and at the same time submits a copy of relevant information, and at the same time brings the original for inspection.

3. After receiving the notice from the handling personnel, the approved loan applicant will sign the Loan Contract and other relevant contract texts at the agreed time and place, and handle the housing purchase guarantee.

4. Go through the formalities of house purchase transaction and mortgage registration. If you buy an auction house through a mortgage, it depends on the payment time of the developer. Generally, mortgage procedures will be handled before handing over the house.

5. The loan that has gone through the formalities shall be issued to the borrower by the loan undertaking bank according to the loan contract, and the loan funds shall be directly transferred to the account designated by the seller of the property purchased by the borrower.

6. Because there are certain risks, it doesn't matter what kind of payment method and the price of the auction house. What matters is whether the real estate developer you choose is formal and his qualifications and strength.

Problems needing attention in forward housing loan

1, down payment ratio:

Generally speaking, buyers of the first suite can choose the minimum down payment ratio or higher according to their personal economic strength. The general down payment is 20%-30% of the total amount, except for some first-tier cities. If the down payment pressure is high, you can choose the lowest proportion to pay, and the balance will be supplemented by provident fund loans or commercial loans.

2. Pay monthly payments:

After the loan, when the bank lends money, it will pay monthly from the date of lending, and the monthly payment amount of the provident fund loan can be adjusted. Find the corresponding phone number one month in advance and change the payment amount for next month. The monthly payment is related to the bank interest rate. Remember to adjust the monthly payment amount reasonably according to the interest rate at the beginning of each year.