Will there be a notice to start repayment after the mortgage loan is released?

After the mortgage loan is released, there will be a notice to start repayment. The general bank will send a repayment SMS notification through the mobile phone number bound by the lender's repayment bank card. After the mortgage loan is released, it is generally paid back from the next month. Of course, sometimes if the loan date is close to the first repayment date, it may be postponed until next month.

What should I do after the mortgage is released?

1, first-hand housing loan.

After the borrower's loan is approved, the bank will release the loan amount to the developer's account. The bank or developer informs the borrower to obtain relevant documents and repay the loan in accordance with relevant regulations. Note: Upon receipt of the loan contract, repayment details and repayment account bank card (discount), the borrower will start repayment on the specified date.

2. Lending of second-hand houses.

The bank shall pay the loan amount to the account provided by the seller within three working days after receiving the copy of the deed tax ticket and the original notice of receipt submitted by the buyer.

Precautions:

(1) The seller's account is an account opened by the lending bank.

(2) Upon receipt of the loan contract, repayment details and repayment account bank card (discount), the borrower shall start repayment on the specified date.

Matters needing attention in mortgage repayment

1. After the loan is issued, the buyer shall deposit the amount due in the current month into the repayment account in full according to the loan contract before the monthly repayment date. If it is necessary to pay the bank card, annual discount or small account management fee according to the regulations of the bank, the borrower shall ensure that the balance in the repayment card (discount) is enough to repay the monthly payment of the current month, so as to avoid loans overdue caused by insufficient balance in the card (discount).

2. If the repayment period is over half, the borrower does not need to rush to repay in advance, because the principal accounts for a relatively large part of the current monthly repayment amount. If the repayment is made in advance at this time, the interest cannot be saved.

3. If the borrower's mortgage interest rate is lower than that in deposit interest rate, there is no need to rush to repay in advance, and you can deposit your money in the bank to get more income.

4. If the borrower has a good investment project and the investment return rate is higher than the loan interest rate, there is no need to repay the loan in advance.