2. The area of the house applying for bank loan should be more than 50 square meters.
3. The house applying for bank loan should have strong liquidity.
4. The mortgage loan amount is 70% of the appraised value of the house.
5. The loan period of new house loans shall not exceed 30 years, and that of second-hand houses shall not exceed 20 years.
6. The loan interest rate shall be implemented according to the loan interest rate of the same grade at the same period stipulated by the People's Bank of China.
7. Generally, "house age+borrower age" means that men are under 65 years old and women are under 60 years old.
What if the loan can't be done?
1, remedy in time
If the buyer can't repay the loan after paying the down payment, don't change banks in a hurry. After finding out the specific reasons why the loan cannot be processed, he can take remedial measures and resubmit the loan application. If the problem lies in the buyer's own credit, running water and liabilities, it is suggested to increase the down payment and reduce the loan application amount, and then apply for a loan from the bank after the information is fully prepared.
2. Change the loan bank
Don't bother to go through the loan formalities. If the property buyers do not meet the requirements of the previous loan bank, they can try to change to another bank. Different banks have different loan policies. Just because you can't apply for a loan in this bank doesn't mean you can't apply for a loan in other banks. Each bank has a different degree of strictness in approving loans. Maybe banks with loose lending policies can get loans smoothly. Therefore, when you are refused a loan by the bank or the loan amount is insufficient, buyers can try to change the bank loan.
Step 3 find a guarantee company
This situation is more serious. There are some minor problems in the personal credit information of ordinary buyers, which will not have much impact on the loan. If the qualifications of property buyers are really not very good, but they especially want to buy this house, then you can consider looking for a guarantee company to provide loan guarantee for yourself. However, the loan from the guarantee company will generate extra expenses, which is higher than the bank loan, so you should be prepared psychologically.
Is the loan term as long as possible?
1, with high inflation and rapid currency depreciation, the longer the loan term, the better.
The currency is constantly depreciating. The higher the inflation rate, the faster the depreciation. In other words, from last year's 1000 to this year's 1000, we will buy less things. Therefore, it is suggested that the longer the repayment period, the better. Although it seems that a lot of interest has been paid, it is still very cost-effective after careful calculation.
2. The loan term is not as long as possible, which will cause more interest.
The longer the repayment period, the more interest you need to pay. In other words, the interest on mortgage purchase is likely to account for nearly half of the total cost, which is very uneconomical.