Mortgage loans can last as long as 30 years. The mortgage rate of commercial housing can reach up to 70%; 2. The mortgage rate of office buildings and shops can reach up to 60%; 3. The mortgage rate of industrial plants can reach up to 50%; , the longest period can reach 30 years; Mortgages include shops, offices, houses, villas, factories, warehouses and so on.

How many years can a mortgage last?

Under normal circumstances, the mortgage loan can last for up to 30 years. However, when applying for a mortgage loan, the actual mortgage loan period will be affected by the age of the house and the age of the borrower. Most banks have strict regulations on the term of mortgage loan, that is, the sum of the term of mortgage loan and the borrower's age cannot exceed 65 years old. Generally, reaching the age of 65 means that the borrower has reached the legal retirement age. Beyond this age, the lending institution believes that the borrower does not have enough credit card spending power; In addition, the age of the house and the age of the borrower are required to be no more than 65 years old.

The longest term of subprime mortgage can reach 30 years. However, when applying for a mortgage loan, the actual mortgage loan period will be affected by the age of the house and the age of the borrower. Most banks have strict regulations on the term of mortgage loan, that is, the sum of the term of mortgage loan and the borrower's age cannot exceed 65 years old. Generally, reaching the age of 65 means that the borrower has reached the legal retirement age. Beyond this age, the lending institution believes that the borrower does not have enough credit card spending power; In addition, the age of the house and the age of the borrower are required to be no more than 65 years old.

How many years can a mortgage last?

Mortgage loans can last for up to 30 years. The longest loan period for general commercial housing mortgage cannot exceed 30 years, and the longest loan period for second-hand housing mortgage cannot exceed 20 years. When calculating the loan term of house mortgage loan, the borrower should determine the repayment term according to his repayment ability to avoid repayment pressure.

The actual age of the loan maturity date is generally not more than 65 years old. The parties should have a proper occupation and a stable source of income, and have the ability to repay the principal and interest of the loan on schedule. Should be willing and able to provide real estate mortgage recognized by the lender, and the real estate has been recognized for its loan and guarantee behavior, and is willing to bear relevant legal responsibilities. The property right of the mortgaged house should be clear, meet the listing and trading conditions stipulated by the state, and can enter the real estate market without other mortgages.

Legal basis: Article 31 of the Measures for the Administration of Urban Real Estate Mortgage

The real estate mortgage contract shall take effect from the date of mortgage registration.

Article 400th of the Civil Code of People's Republic of China (PRC).

To establish a mortgage, the parties shall conclude a mortgage contract in writing.

A mortgage contract generally includes the following clauses:

(1) The type and amount of secured creditor's rights;

(2) The time limit for the debtor to perform the debt;

(3) The name and quantity of the mortgaged property;

(4) the scope of the guarantee.