The longest term of real estate mortgage loan is 30 years. According to different repayment methods, mortgage loans have different years, from 1 to interest after 3 years, from 1 to 10 years with equal principal and interest, and from 1 to 5 years. Legal basis: Article 51 of People's Republic of China (PRC) Urban Real Estate Management Law obtains the land use right of real estate mortgage by allocation. After the real estate is auctioned according to law, the mortgagee shall pay the amount equivalent to the payable land use right transfer fee from the auction price. Article 402 of the Civil Code of People's Republic of China (PRC) mortgages the property specified in Items 1 to 3 of the first paragraph of Article 395 of this Law or the building under construction specified in Item 5, and goes through the mortgage registration. The mortgage is established at the time of registration.

How many years is the general life of real estate mortgage loan?

Housing loans (commercial loans) can be loaned for up to 30 years.

Depending on the repayment period, the mortgage loan will pay interest first and then 1-3 years, and the equivalent principal and interest will be1-0/0 years, and the loan will still be 1-5 years.

Real estate mortgage loan:

1. Mortgaged real estate for operation;

Materials to be prepared: borrower's ID card, household registration book, proof of marital status, original and photocopy of real estate license, bank account, proof of large assets, etc. A copy of the company's business license stamped with the official seal, the company's articles of association, the company's financial statements for the last 1-3 years, the company's bank flow, and the certification materials used for business or financing purposes;

Amount: commercial use, up to 70% of the real estate appraisal value;

Interest rate: according to the bank policy and the borrower's qualification, the interest rate will rise by 20% on the basis of the benchmark interest rate;

Years: generally less than five years.

2. Mortgaged property for personal consumption:

Materials to be prepared: borrower's ID card, household registration book, proof of marital status, original and photocopy of real estate license, bank account, proof of large assets and personal consumption;

Interest rate: when the mortgaged property is used for personal consumption, the benchmark interest rate is generally implemented or floating10%;

Years: generally less than ten years.

3. Mortgaged property is used to purchase commercial housing.

Materials to be prepared: borrower's ID card, household registration book, proof of marital status, original and photocopy of real estate license, bank account, proof of large assets, and contract for purchasing commercial housing;

Years: up to 30 years.

4, housing mortgage bank loan procedures:

1. You need to open a current deposit account with a banking institution;

2. Please fill in the loan application form as required, and submit the application form and required materials as instructed by the bank;

3. The bank manager or appointed lawyer will visit you at home to investigate the authenticity, legality and completeness of the information you provide;

4. After the bank has passed the examination and approval, it will inform you of the examination and approval results and sign a loan contract with you;

5. Handle insurance, mortgage registration, notarization and other procedures as appropriate;

6. CITIC Industrial Bank will directly transfer the loan to the account agreed in the contract;

7. Please repay the principal and interest according to the loan contract.

The key question is what is the purpose of your loan? With a bungalow mortgage of 250,000, you must take out 250,000 projects you want to do. The bank will evaluate the project and make sure that if the bank is interested in the project, it will naturally lend you money or even more.

What is the longest term of mortgage loan?

Theoretically, the general term of real estate mortgage loan can be up to 30 years.

1. Where the mortgaged property is used for business:

(1) quota: for business purposes, you can generally apply for 70% of the real estate appraisal value at most;

(2) Interest rate: According to the bank policy and the qualifications of borrowers, the interest rate will rise by more than 20% on the basis of the benchmark interest rate;

(3) Duration: generally not more than five years.

2. Mortgaged real estate for personal consumption:

(5) Interest rate: When the mortgaged property is used for personal consumption, the benchmark interest rate will generally be implemented or it will rise by 65,438+00%;

(6) Duration: generally within ten years.

(7) The mortgaged property is used to purchase commercial housing.

Extended data:

Housing mortgage loan is a kind of loan provided by the bank to ensure the safety of the loan. The borrower's real estate, securities and other documents can legally obtain the lien and pledge of the borrower's property through certain contracts. This kind of loan is actually a loan method in which the debtor (mortgagor) legally transfers the property ownership to the creditor (mortgagee) to obtain a loan. During this period, if the debtor fails to repay the loan principal and interest on schedule, the creditor has the right to dispose of the collateral and get priority compensation.

This loan method can reduce the loan risk of creditors and provide the most effective guarantee for creditors to recover their loans. The use of mortgage loan in housing credit is based on the security, liquidity and profitability of bank operating funds.

Because the borrowers of this kind of housing loan are mostly individual residents, and it is impossible for banks to clearly understand the financial strength and credibility of borrowers, which increases the risk of bank loans, and mortgage loans provide creditors with effective protection to recover loans just under the condition of high loan risk. Therefore, most banks use mortgage loans when granting housing loans to individual residents.

Housing mortgage loan refers to a loan in which the borrower takes the purchased house and other property with ownership as mortgage or pledge, or a third party provides guarantee for the loan and assumes joint liability. It is a triangular relationship with housing sales contract, housing mortgage agreement and housing mortgage loan contract as the link.

I. Housing requirements

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

(two) the age of the house (calculated from the date of completion of the house) and the loan period can not exceed 40 years;

(three) the mortgaged house is not included in the local urban transformation plan, and there are real estate licenses and land certificates issued by the real estate department and the land management department;

Two. Requirements of the lender

China citizens who have a fixed residence in China, a fixed residence in a local town (or a valid certificate), have full capacity for civil conduct and meet the following conditions may apply for individual comprehensive consumption loans.

1, has a proper occupation and a stable income source, and has the ability to repay the loan principal and interest on schedule;

2. No illegal acts and bad credit records;

3. Being able to provide effective rights pledge guarantee recognized by the bank or legal and effective real estate as mortgage guarantee or a third-party guarantee with compensatory ability;

4. Open a personal settlement account of China Industrial and Commercial Bank, and agree that the bank will deduct the loan principal and interest from its designated personal settlement account;

5. Other conditions stipulated by the bank.

procedure

1. The buyer and the seller sign the house sales contract, and stipulate the down payment, loan and final payment;

2. The purchaser and spouse apply for a loan from the bank, and the seller and spouse are present for confirmation;

3. The bank examines and approves the loan application;

4. The buyer signs a loan and guarantee contract with the bank;

5. The seller transfers the property right of the house to the buyer, and the seller obtains the down payment from the buyer;

6, the buyer and the bank for real estate mortgage registration (or by other natural persons and legal persons to provide phased guarantee for the buyer);

7. The bank issues loans to the seller's account;

8. The buyer and the seller settle the house payment, and the seller obtains the final payment from the buyer;

9. The purchaser takes over the house and repays it on a monthly basis (in the case of installment guarantee, the purchaser and the bank will re-register the house mortgage).