What are the conditions for personal real estate mortgage loans?

Conditions for applying for real estate mortgage loans: 1. A natural person who is over 18 years old and has full capacity for civil conduct; 2. Has a stable career and income, good credit and repayment ability; 3. Other conditions specified by the bank. Materials that need to be submitted when applying for a real estate mortgage loan: Materials that need to be submitted include: identity certificate, household register, marriage certificate, income certificate, real estate certificate and evaluation report of the mortgaged property, loan purpose certificate, and other materials specified by the bank. Loan ratio, term, and interest rate of real estate mortgage loans: The loan amount is determined according to the different loan purposes selected, but generally does not exceed 60% of the assessed net value of the mortgaged real estate; generally it does not exceed 20 years; the loan interest rate is based on the People's Bank of China's Personal Consumption Loans regulations are implemented. Real estate mortgage loan repayment method: For loans with a term of less than 2 years, you can pay monthly interest and repay the principal once or twice; for loans with a term of more than 2 years, you can choose the equal principal and interest repayment method or average capital (decreasing) repayment. payment method. Fees required to apply for a real estate mortgage loan: property appraisal fee, mortgage registration fee, lawyer fees (charged by individual banks), insurance premiums (foreigners also need notary fees). Procedure for applying for a real estate mortgage loan: 1. Submit information, submit application, 2. Bank investigation and approval. Sign legal documents such as loan contracts. Register the mortgage and purchase insurance. Loans, 6. The borrower repays the loan on time as agreed in the contract, 7. The loan is settled and the mortgage registration is cancelled. The personal housing mortgage loan issued by China Construction Bank refers to a type of personal housing loan applied for with property owned by oneself or owned by others as collateral. CCB’s basic regulations for this type of loans are as follows: 1. The loan amount cannot exceed 70% of the appraised value of the mortgage or the value of the house to be purchased, the higher it goes down. 2. If a house is used as a mortgage, the useful life of the mortgage shall not exceed 15 years; if a house with a house number is mortgaged, the useful life of the mortgaged property shall not exceed 20 years. three. The loan term generally does not exceed 10 years. Four. The loan interest rate is based on the personal housing loan interest rate stipulated by the People's Bank of China, that is, if the term is within 5 years (including 5 years), the annual interest rate is 5.31%; if the term is more than five years, the annual interest rate is 5.58%. 5. If the loan term is less than one year (including one year), the principal and interest will be repaid once upon maturity; if the loan term is more than one year, the principal and interest will be repaid monthly.

How to apply for a personal housing mortgage loan?

The borrower must fill out a residential mortgage application form before borrowing.

The bank will review the borrower's loan application, home purchase contract, agreement and related materials.

The borrower will hand over the property title certificate and insurance policy or securities of the mortgaged property to the bank for collection.

The guarantors of both the borrower and the lender sign a housing mortgage loan contract and have it notarized.

After the loan contract is signed and notarized, the bank's deposits and loans from the borrower will be transferred to the house selling unit or building unit specified in the house purchase contract or agreement through transfer.

Close the loan. Loan settlement includes normal settlement and early settlement.

House mortgage loan means that the borrower uses his own or a third party's property as a mortgage. And repay the principal and interest to the bank in installments with a stable income, and before the principal and interest are repaid, use its property ownership certificate as a mortgage to the bank. If the home buyer cannot repay the principal and interest within the time limit, the bank can sell the house to offset the debt. payment.

Are there any restrictions on personal housing mortgage loans?

Applying for a real estate mortgage loan has become a common method of borrowing now. The information required for a house mortgage bank loan includes proof of identity, household register, marriage certificate, income certificate, real estate certificate and evaluation of the mortgaged property. Report, proof of loan purpose, and other information required by the bank.

However, many people do not know that there are some restrictions when applying for real estate mortgage bank loans:

1. Age limit: a natural person who is over 18 years old and has full civil capacity;< /p>

2. Restrictions on real estate appraisal differences: When applying for a real estate mortgage loan, you need to provide an appraisal report, but the bank will also designate an appraisal agency to re-evaluate the value of the property to be mortgaged. If there is a large discrepancy between the two, There is a high chance that you will be denied a loan because the bank thinks you have committed fraud.

3. Restrictions on personal credit such as unstable professional income, bad credit, and inability to repay: Many people hope to get a high-amount loan, but they must have corresponding income to match it.

Extended information:

Processing instructions:

Residential mortgage loan means that the borrower uses the purchased house and other owned properties as mortgage or pledge, or A loan in which a third party guarantees the loan and assumes joint liability. It is a triangular relationship connected by the housing sales contract, housing mortgage agreement, and housing mortgage loan contract.

House requirements:

(1) The property rights of the house must be clear, meet the conditions for listing and trading stipulated by the state, and can enter the real estate market without any other mortgage;

(2) The sum of the age of the house (calculated from the date of completion of the house) and the loan period cannot exceed 40 years;

(3) The mortgaged house is not included in the local urban reconstruction plan, and there are Real estate certificate and land certificate issued by the real estate department and land management department.