What is the housing loan processing process of Changsha Bank?

1. Users who apply for mortgage need to pay the down payment in advance, sign a house purchase contract with the developer, cancel the relevant vouchers, and then apply to Changsha Bank Branch and submit relevant materials.

2. Changsha Bank will review the application materials and conduct pre-loan investigation.

3 after the investigation is completed, it shall be reported to the competent examination and approval department for examination and approval in accordance with the examination and approval authority.

4. After approval, the bank signs a loan contract with the borrower, improves the guarantee procedures, and then issues loans.

5. The customer repays the principal and interest according to the repayment method agreed in the contract.