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Mortgage repayment precautions

Time: 2016-11-22         Source: Rong 360 finishing         Author: 360 Financial consolidation

Most banks require a minimum of one year to applyAdvance repayment, But there are individual banks that may apply for early repayment at any time. In the state line, Bank of China, China Construction Bank need to repay a year before they can apply for early repayment, ICBC to be half a year before they can repay the loan. In addition, China Merchants Bank, Bank and other banks need a year before they can apply for early repayment,HSBC BankIt means that you can apply for repayment at any time. The general mortgage period is more than 10 years, in this cycle, the central bank to adjust interest is inevitable, and the banks according to adjust the interest rate is not consistent. ICBC, ABC, China Construction Bank and other Chinese banks are generally on January 1 each year in accordance with the recent central bank benchmark interest rate adjustment for the new repayment interest. Foreign banks will generally choose to adjust in the current month or the quarter. Citibank is in the next quarter at the beginning of the implementation of the new interest rate, and HSBC began the same day at the new interest rate. For the mortgage family, which is more cost-effective way? Experts said that if the rate cut in the channel, is clearly the more cost-effective adjustment; if the rate hike cycle week, it is more likely to adjust the more cost-effective. The public in the choicePrepayment, The general will pay a fee, also known as "penalty interest" or "breach of contract", usually in the contract which will be stated. State-owned large-scale workers, agriculture, construction, pay, cross-line advance repayment fees, and ICBC need to receive 2 to 3 months of interest as a fee, other banks will need to pay 1 month interest. Which ABC in the loan within three years of early repayment of the monthly income as a fee, three years after the collection fee is not. Bankers to remind, whether it is in the contract period after the end of the loan, or early repayment, the public after the repayment of the loan do not forget to cancel the mortgage registration. According to the ownership of the case in which the situation is different, after the end of the loan to the property rights certificate procedures are also divided into several, one of the most simple case is the original certificate of property has been mortgaged in the bank. If this is the case, home buyers also finished the loan, or after the end of the loan will receive a repayment voucher, the bank will be the original certificate of title, the original contract of sale and return to the buyers. So buyers can take back their own property rights card, and the bank has nothing to do. However, due to the different branches of the operating rules are not unified, and some branches only need to do a mortgage registration, buyers can own with a mortgage registration mark with the real estate license. That is, before the loan is repaid, in advance to get real estate license, real estate license on other items will indicate the status of housing. If this is the case, the buyer after the end of the loan, in addition to repeat the above steps, but also to revoke a mortgage registration process. Buyers and banks to complete the settlement procedures, go to the Housing Authority to cancel the mortgage registration, that is, in the real estate license in his section to write off the chapter can be written.

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