2. Hold valid identity documents; 3. Have a stable and legal source of income; 4. The mortgaged property has a real estate license with clear property rights and can be listed and traded; 5. Other conditions stipulated by the bank.
Legal basis: Article 11 of the Interim Measures for the Administration of Personal Loans shall meet the following conditions: (1) The borrower is a People's Republic of China (PRC) citizen with full capacity for civil conduct or an overseas natural person who meets the relevant provisions of the state; (2) The purpose of the loan is clear and legal; (3) The amount, duration and currency of the loan application are reasonable; (4) The borrower has the willingness and ability to repay; (5) The borrower's credit status is good and there is no significant bad credit record; (6) Other conditions required by the lender.
Article 8 of the Measures for the Administration of Urban Real Estate Mortgage Registration The following real estates shall not be mortgaged: (1) Real estates with disputed ownership; (2) Real estate used for public welfare undertakings such as education, medical care and municipal administration; (three) buildings listed as cultural relics protection and other buildings with important commemorative significance; (four) real estate that has been announced in accordance with the law and included in the scope of demolition; (5) Real estate that has been sealed up, detained, supervised or restricted in other ways according to law; (six) other real estate that cannot be mortgaged according to law.