1. The lender shall have legal status.
2. The lender should have a stable job and income, have the economic ability to repay the loan principal and interest, and have no bad credit record.
3, should have a legal and effective purchase contract.
4. If the newly purchased house is used as the maximum mortgage, there must be a legal and effective purchase contract, and the age of the house is within 10 years. At the same time, it should also have a down payment of not less than 30% of the total price of the purchased house.
5. The mortgage loan has been purchased, the original mortgage loan has been repaid for more than one year, and the loan balance is less than 60% of the value of the mortgaged house.
6. It can provide effective guarantee recognized by the loan bank.
7. Other conditions stipulated by the lending bank.
Legal basis: Civil Code of People's Republic of China (PRC).
Article 667 A loan contract is a contract in which the borrower borrows money from the lender, repays the loan at maturity and pays interest.
Article 680 usury is prohibited and the loan interest rate shall not violate the relevant provisions of the state. If there is no agreement on the payment of interest in the loan contract, it shall be deemed that there is no interest. If the loan contract does not specify the payment method of interest, and the parties cannot reach a supplementary agreement, the interest shall be determined according to the local or the parties' trading methods, trading habits, market interest rates and other factors; Loans between natural persons are regarded as interest-free.