Housing decoration consumer loans are loans granted to natural persons who have applied for mortgage loans in our bank for housing decoration, furniture and household appliances and other consumer purposes. The commercial promotion name of housing decoration consumer loan is determined as "home improvement loan".

Provisions on consumer loan business for house decoration:

(a) the transaction price of the same type of housing market is obviously lower than the borrower's purchase price, and the borrower's down payment ratio is less than 40%, so it is not allowed to apply for "home improvement loan".

(2) The purchased house has no mortgage or other rights restrictions, except that the borrower mortgages the purchased house to the loan bank for housing mortgage loan.

(three) the purchase of housing mortgage loans shall not open the automatic prepayment function, nor shall it handle the self-service repayment business.

(4) The "home improvement loan" should use the same repayment account as the purchased housing mortgage loan. Before the loan is paid off, the purchased housing mortgage loan shall not go through the formalities of prepayment, settlement and withdrawal.

(five) the "home improvement loan" shall not directly or indirectly enter the account of the seller, the housing sales organization or its related parties.

For details, please consult the local ABC business hall.