What are the requirements for Shanghai auto mortgage? What are the precautions for loan application?

Because people's living standards are constantly improving now, many people will buy cars. Having a car can also bring a lot of convenience to our life and facilitate our travel. But many people will mortgage their cars because they are in urgent need of money, which will alleviate the problem of using money. Let's talk about the mortgage conditions of Shanghai cars first. What are the precautions for loan application? I hope I can help you.

Shanghai automobile mortgage condition

Conditions and materials required for applying for services in automobile mortgage:

1. has a stable occupation, and the applicant has the ownership of the local mortgaged vehicle;

2, living and working in the city for a long time, to carry out business occupation and economic income;

3, motor vehicle registration certificate, driving license, purchase tax additional proof (this), car purchase invoice;

4. Insurance policy, travel tax and relevant tax payment certificates for imported vehicles;

5. ID card (temporary residence permit or residence permit within the validity period provided by non-local account customers);

6. Other documents required by the Cooperation Organization.

What are the precautions for loan application?

1. Submit a loan application

When you sign a house sales contract, you can apply for a commercial loan from the bank. Whether it is a first-hand mortgage or a second-hand mortgage, it is necessary to submit the complete materials approved by the bank to the bank for review, which is the most important step in the commercial loan process.

Mainly including ID card, household registration book, original and copy of marriage certificate; Foreign household registration needs to provide temporary residence permit or residence permit; Income certificate issued by the work unit; Sales contract, down payment invoice or receipt; Wage flow or other proof of assets in the past six months. In addition to the above five materials, different banks have different requirements for commercial loans, and other materials required by loan banks should be inquired in detail.

2. The bank is under investigation.

After the bank receives the application materials of the loan applicant, it will review the materials. The general review time for commercial loans is 15 working days, and the longest time shall not exceed 1 month. During the bank investigation, the loan applicant will be asked to supplement some information according to the situation. Therefore, the loan applicant needs to keep in touch with the bank during this period.

3. Bank verification and approval

The loan bank will verify several aspects: the situation of the house, the qualifications and credit of the borrower, etc. This is an important link in the process of commercial loans. If the credit of the loan applicant is not good, it will directly lead to the failure of the loan application, so it is very important to accumulate good personal credit in life.

4. Both parties shall go through relevant formalities.

The bank informed the loan applicant that after the loan was approved, it was necessary to open an account in the bank, get a debit card and sign a loan contract. At the same time, handle mortgage, guarantee, pledge, insurance and other related guarantee procedures. When signing a loan contract and handling the guarantee formalities, you must know the detailed rules in the contract in detail and make clear your rights and obligations so as to avoid unnecessary misunderstanding.

5. Banks issue loans.

After all the loan procedures are completed, the bank will transfer the loan funds to the account of the real estate developer, and the loan relationship will be established, and the lender will repay the loan according to the regulations.

I hope I can help you with the above knowledge about the conditions of Shanghai auto mortgage and the matters needing attention in loan application. This paper introduces the conditions in automobile mortgage, but the mortgage loan conditions in different regions may be different. And when applying for a loan, we should also make clear the matters needing attention. If you still want to know the relevant knowledge, you can continue to pay attention to our website.