How about revolving loan in hengfeng bank? These things should be clear.

There are many loan products in hengfeng bank, one of which is revolving loan. Because of its high amount, revolving loan is favored by lenders. In order to help you get a better loan, let's briefly introduce the related matters of revolving loan in hengfeng bank. Let's take a look.

How about revolving loan in hengfeng bank?

Hengfeng bank revolving loan is a revolving loan issued by the bank according to the borrower's credit status or asset status. Borrowers can recycle within the approved limit and repay at any time, which is suitable for borrowers with certain assets.

The longest loan period is 5 years (inclusive), and the loan amount varies according to the quality and collateral, with the maximum mortgage amount not exceeding 70% of the collateral value and the maximum pledge amount not exceeding 90% of the collateral value. The loan does not support online application, and eligible borrowers need to bring relevant materials to the loan processing outlets to submit loan applications.

Hengfeng bank revolving loan application process:

First, apply for:

The borrower submits a loan application to the loan handling network with the following application materials:

1. Identity certificate, household registration certificate and marital status certificate of the borrower and spouse;

2. Proof of stable economic income of the borrower and spouse;

3. The applicant applying for the mortgage line must provide the real estate ownership certificate, appraisal materials, identity certificates of other property owners and their spouses, household registration certificates, marital status certificates, and certificates that the * * * people agree to mortgage;

4. The applicant who applies for the pledge amount must provide the pledge used for pledge, the ownership certificate and the certificate that the person who has the right to dispose of it agrees to pledge;

5. Other materials required by the borrower.

Second, the loan approval:

The bank investigates the borrower's guarantee, credit, etc. , according to the procedures for examination and approval, and notify the borrower of the examination and approval results.

III. Quota signing:

After the borrower's application is approved, the bank and the borrower sign a personal maximum loan contract and the corresponding guarantee contract, and go through the formalities of notarization, insurance and mortgage (pledge) registration.

Four. Loan application:

The borrower submits an application for line and applies to the bank for counter or telephone withdrawal.

Verb (abbreviation for verb) Loan granting:

After the borrower completes the relevant formalities, the bank will issue the loan after examination and confirmation.