; It is common to borrow money from others with a house as collateral. Private lending is mainly based on mutual agreement, while lending to financial institutions such as banks generally needs to meet the basic conditions stipulated by banks. Here is a brief introduction to the conditions for using real estate mortgage to borrow money from banks.

First, the borrower must be a natural person with China nationality and full capacity for civil conduct; Second, the borrower must hold a valid identity document; Third, there are stable and legitimate sources of income; Fourth, the mortgaged property has a clear property right certificate, which can be listed and circulated; 5. Other conditions stipulated by the bank generally include (1) the borrower's age 18-55, and the general mortgage loan amount is 50-70% of the price in the real estate appraisal (some banks may increase it); The term of house mortgage loan is generally 1 year-10 year (a few banks can extend it to 30 years, but the borrower cannot be over 60 years old after the loan is completed).

; (2) the age of the house is within 20 years (a few banks can do it within 30 years, and most of them have spare houses, which is easier to approve); The loan interest rate of mortgage loan is generally10%-20%; There is a certain source of repayment (the effective proof is mainly bank flow, and at least the monthly effective income is more than twice the monthly mortgage payment); Individuals or companies have good credit (less overdue, or banks may find excuses to raise interest rates or not allocate funds).

2. What are the conditions for China Merchants Bank's mortgage loan?

If there is a branch of China Merchants Bank in your city, you can try to apply for a personal mortgage loan through China Merchants Bank. The required conditions, application materials and handling procedures of each loan project are different. For details, please call the customer service hotline or contact the personal loan department of the outlet. Whether the application can be passed or not shall be subject to the comprehensive audit results of the handling bank.

The mortgage rate is as follows: 1. With "commodity housing" as collateral, the maximum loan/credit line shall not exceed 70% of the present value of real estate appraisal; 2. If the "commercial house" is used as collateral, the maximum loan/credit line shall not exceed 60% of the net value of the real estate appraisal or 50% of the present value of the appraisal; 3. The credit line of the loan shall not exceed 50% of the transaction price of the purchased commercial house and 55% of the transaction price of the purchased commercial and residential dual-use house. Your specific loanable amount needs to be determined after comprehensive approval by outlets. Please contact the handling bank directly for confirmation.

3. What conditions do banks need for personal housing mortgage loans?

4. What are the requirements for real estate mortgage loan and which bank is easier to apply for?

China Merchants Bank is relatively simple.