1, natural person aged 18-60 (Hong Kong, Macao, Taiwan, mainland China and foreigners are also allowed).

2. Have a stable occupation, stable income and the ability to repay the loan principal and interest on schedule.

3. The borrower's actual age and loan application period shall not exceed 70 years old.

However, the applicable customers of individual first-hand housing loans are as follows: China people, natural persons with full civil capacity and foreigners in China can apply. If the buyer is under the age of 18, a statement shall be issued and signed by his guardian for confirmation.

What are the conditions for BOC loan?

1. The applicant submits the purchase information, pays the down payment, and signs the commercial housing sales contract.

2. The applicant submits a written application for individual first-hand housing loan and provides the above application materials.

3. The bank agency comprehensively evaluates the credit status and solvency of the applicant and guarantor, conducts pre-loan investigation through interviews, telephone verification and home visits, and completes customer information verification;

4. After accepting the loan application, the bank agency shall conduct corresponding examination and approval;

5. After the loan application is approved, the borrower and the guarantor shall go through the relevant loan procedures within the specified time, and personally sign the relevant contract at the bank agency within the specified time to go through the formalities of using the money;

6. The borrower clearly stipulates the repayment method and repayment plan in the loan contract, and authorizes the lender to take the initiative to deduct the loan principal and interest from the account designated by the borrower on the agreed repayment date.