How to borrow a parking loan?

General process of applying for parking loan

1. Need to sign a parking space purchase contract with the real estate developer;

2. Pay a down payment of 20-30% of the total parking space price to the bank, or pay the down payment fee stipulated by the bank;

3. Fill in the loan application form and submit the materials needed for approval;

4. The bank conducts examination and approval and credit investigation;

5. Sign a loan contract. If there is a mortgaged property, you need to go through the relevant procedures;

6. The bank will directly transfer the loan to the exclusive account of the developer;

7. Finally, repay the principal and interest according to the loan contract.

Why is parking loan a credit card?

Parking loans can be borrowed not only from banks, but also from credit cards, so why do most people use credit cards? The reason for this is the following：

1, the charge for card swiping is low.

Due to the fierce competition in credit card business, the loan fee is lower than that of many banks.

2. The credit card installment application process is simpler.

Bank loans need more procedures, as well as collateral, guarantors and so on. The object of consumer loans must also be designated by banks, and the procedures for bank approval are relatively long.

The credit card installment procedure is much simpler, as long as the credit card holder goes to the bank to open the installment function. If you pay by credit card, just call the bank and tell it to pay in installments with a certain amount, without providing any guarantee or materials.

3. The credit card does not specify the items and purposes of consumption.

Usually, in order to reduce their own risks, bank loans can only be approved for the consumption of designated cardholders, and related sales contracts are also needed.

Credit card installment does not require so many conditions, and any installment payment is even more unnecessary. Holders of credit cards can buy goods at will, and after payment, they can call the bank to explain that the money needs to be paid in installments, which can meet the consumption of most people.

Can I borrow money to buy a parking space?

You can borrow money to buy a parking space, and each bank has different regulations on parking space loan business. Generally speaking, banks only give loans to customers who have taken out first-hand mortgages in banks, and then they must be parking spaces in the same community. The loan interest rate is subject to the consumer loan interest rate for the same period. Secondly, the parking space must be worth more than 10 million. The longest loan period is 20 years.

Loan (electronic IOU credit loan) is simply understood as borrowing money with interest.

Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.

Loan principle

The "three principles" refer to safety, liquidity and efficiency, and are the fundamental principles of commercial banks' loan operation. Article 4 of People's Republic of China (PRC) Commercial Bank Law stipulates: "Commercial banks should operate independently, bear their own risks, be responsible for their own profits and losses, and manage themselves by themselves in accordance with the principles of safety, liquidity and efficiency."

1, loan security is the primary problem faced by commercial banks;

2. Liquidity refers to the ability to recover the loan within a predetermined period or realize it quickly without loss of land, so as to meet the needs of customers to withdraw deposits at any time;

3. Efficiency is the basis of sustainable operation of banks.

For example, if a long-term loan is issued, the interest rate will be higher than that of a short-term loan, and the benefit will be good. However, if the loan term is long, the risk will increase, the security will decrease and the liquidity will weaken. Therefore, the "three natures" should be harmonious, so that there can be no problem with the loan.

Repayment method

(1) Equal principal and interest repayment method: equal repayment every month, the sum of loan principal and interest. Most banks have adopted this method for housing provident fund loans and commercial personal housing loans. So the monthly repayment amount is the same;

(2) average capital repayment method: that is, the borrower distributes the loan amount to each period (month) evenly throughout the repayment period and pays off the loan interest from the previous trading day to the repayment date. In this way, the monthly repayment amount decreases month by month;

(3) Paying interest and principal on a monthly basis: that is, the borrower repays the loan principal in one lump sum on the loan maturity date (applicable to loans with a term of less than one year (including one year)), and the loan bears interest on a daily basis and the interest is repaid on a monthly basis;

(4) Repaying part of the loan in advance: that is, the borrower can repay part of the loan amount in advance when applying to the bank, which is generally an integer multiple of 65,438+0,000 or 65,438+0,000. After repayment, the lending bank will issue a new repayment plan, and the repayment amount and repayment period will change, but the repayment method will remain unchanged, and the new repayment period shall not exceed the original loan period.

(5) prepayment of all loans: that is, the borrower can repay all the loan amount in advance when applying to the bank, and the loan bank will terminate the borrower's loan at this time after repayment and handle the corresponding cancellation procedures.

(6) Pay back as you borrow: interest is calculated on a daily basis after borrowing, and interest is calculated on a daily basis. You can pay the money in one lump sum at any time without any penalty.

How to borrow a parking space loan

Yes, you can. Like mortgage, there is now a special parking loan business. This business is linked to real estate, which generally requires a house or a purchase contract in the community.

The term of parking loan is long, generally ranging from 1 to 3 years, and the longest is 5 years; There are many repayment methods, such as equal monthly payment and average principal. The guarantee is simple, providing property mortgage, pledge or third-party guarantee approved by the cooperative bank.

The individual who applied for personal parking loan has applied for a first-hand housing loan in the bank, and the housing loan has not been paid off. The applicant has bought a parking space in his own community. When handling the parking loan, the bank will evaluate the parking space, compare it with the transaction price of the purchased parking space, and give a certain amount of parking space loan at a lower price, with the highest proportion not exceeding 70% of the transaction price of parking space. If the price is lower in the evaluation price, the loan period will not exceed 65,438+00 years and be less than the remaining repayment period of the housing loan.

Application conditions:

The borrower must be a permanent resident of the place where the loan bank is located and have full capacity for civil conduct;

② The borrower can provide corresponding guarantee;

(3) The borrower can provide corresponding proof of consumption purpose;

(4) The borrower has repayment ability and no record of non-performing loans.

How to get a loan?

Application conditions:

1. The borrower must be a permanent resident of the place where the loan bank is located and have full capacity for civil conduct.

2. The borrower can provide corresponding guarantee.

3. The borrower can provide corresponding proof of consumption purpose.

4. The borrower has repayment ability and no record of non-performing loans.

Application materials:

1. Proof of identity and marital status of the borrower;

2. The borrower's professional and economic income certificate issued by the department recognized by the lender;

3. Proof of loan use;

4. If the real estate is mortgaged or pledged, a list of mortgaged real estate or pledge, proof of ownership, proof of consent of the person who has the right to dispose of the real estate (including the co-owner of the real estate) and proof of mortgage valuation issued by the competent department shall be provided;

5. If the guarantee is provided by a third party, a written document, relevant credit certification materials and a certain percentage of deposit agreed by the guarantor shall be issued;

6. Other materials required by China Cooperation Agency of Easy Loan.

note:

1. Personal parking loan means that the borrower (parking buyer) pays the down payment when purchasing the parking space of the real estate where the purchased building is located, and the rest is loaned by the bank with the rights and interests of the purchased parking space as collateral to repay the loan principal and interest in installments.

2. The loan period of parking space loan is generally 1~3 years, and the longest is not more than 5 years; At the same time, it is necessary to provide property mortgage, pledge or third-party guarantee recognized by the loan bank as the loan guarantee condition; The loan interest rate shall be implemented according to the loan interest rate of the same grade in the same period stipulated by the People's Bank of China, and there is generally no interest rate concession.