1. Application stage. Submit materials and apply to the bank in Huaibei.

2. Evaluation stage. The bank in Huaibei contacted the real estate appraisal agency to inspect the house and make an appraisal, and then brought the appraisal report back to the bank.

3. Audit stage. Banks in Huaibei examine the qualifications of loan applicants according to the evaluation report and other materials.

4. The buyer pays the down payment. After the approval, the buyer pays the down payment to the seller and signs the contract. Then go to the real estate exchange with the bank to handle the transfer procedures of housing property rights.

5. apply for mortgage registration. After the buyer receives the real estate license, he needs to go through the mortgage registration and insurance.

6. Issue loans. After completing the loan issuance procedures, the bank in Huaibei will deposit the house payment into the seller's account, and the money will be directly transferred to the seller's account.

7. Repay the loan. The buyer repays the loan on schedule according to the contract.