Will the bank call to notify me of mortgage repayment? Will it prompt the account balance?

The mortgage repayment bank has never called me. Most of the time, if there is still no money in the account two days before the monthly repayment date, a text message will be sent to the mobile phone. , prompting you that the account balance is insufficient (of course the balance in the account will also be informed).

On the same day of the next month when the loan is notified, the bank will notify the three Banks of China via SMS that the repayment date is the fixed 15th of each month. After you apply for a home purchase loan from a bank and it is approved, the bank will send a text message to the lender to inform you when the repayment will be made and the monthly repayment amount, or they will call the lender to inform you.

If you choose a mortgage, you need to get a loan from a bank and pay a deposit first. The sales office will notify you in time to sign the contract and pay the down payment (about one month after paying the deposit). When you pay the down payment, the loan will be The bank will also come over, and then sign a contract with the bank, and negotiate with the bank how long the mortgage will be, 10 years, 15 years, 20 years, or 30 years.

Extended information:

Individuals handle house mortgage loans. Different banks or different residential loans have different loan terms. Mortgage loan periods are mainly divided into:

1. Housing provident fund loans are slow. Individuals handle house mortgage loans. Because the interest rates of individual housing provident fund loans are low, many friends like to apply for this type of loan to buy a house.

2. Commercial residential mortgage loan is about 1 month. Most requests for house mortgage loans are commercial loans from banks, and the loan period of this kind of loan is faster than that of housing provident fund loans. The loan period of many banks is now about one month.

3. Therefore, when dealing with residential mortgage loans, borrowers must choose a lending method that suits them based on their actual situation and needs.

Reference: Baidu Encyclopedia - Mortgage