Of course.
Requirements:
1. Loan target: The home improvement loan of CCB is applicable to China citizens with full civil capacity who need decoration financing and are over 18 years old but not over 60 years old.
2. Guarantee method: CCB's home improvement loan provides a variety of guarantee methods, which can be selected according to its own needs, mainly including mortgage, guarantee, pledge and credit.
3. Loan amount: the loan amount of a single family does not exceed 6,543,800 yuan, of which the maximum credit can be 300,000 yuan if the renovated house has been loaned and has been repaid normally for more than 2 years, and the specific loan amount cannot exceed 30% of the house value.
4. The longest repayment period of the loan is no more than 5 years, and the repayment method is flexible. You can choose the equal principal and interest method, the average capital method, the one-time principal and interest method at maturity and the arbitrary principal repayment method of paying interest on schedule.
5. The loan interest rate of CCB's home improvement loan is implemented according to the central bank's loan interest rate for the same period, which can fluctuate up and down within the prescribed range, usually not too high.
Extended data:
Precautions:
1. Issue the loan purpose certificate. In order to ensure that the borrower will use the loan funds for legal and compliant purposes, the bank usually requires the borrower to issue a certificate on the purpose of the loan, which can be used for special purposes. Therefore, when applying for decoration loan, the borrower also needs to provide relevant renovation contract or agreement.
2. Get into the habit of paying back on time. After obtaining the loan funds, the borrower should also keep in mind the repayment date, form the habit of repaying in full and on time every month, and avoid overdue repayment, resulting in bad credit.
3. Prepare loan information in advance. When applying for a loan, in addition to requiring the borrower to meet the relevant loan conditions, the borrower is also required to provide relevant loan information, which generally includes personal identity certificate, income certificate, work certificate, residence certificate and renovation contract. Borrowers can make preparations in advance to avoid mistakes and omissions in the loan process, which will affect the loan approval.