Not the same. Mortgage loans for buying a house can be loaned for up to 30 years and carry benchmark interest rates. The maximum loan amount can reach 80% of the appraised value of the property. Mortgage interest rates usually follow a standard that rises above the benchmark interest rate. The loan period is usually about 10 years, and the maximum loan amount can reach 70% of the property's appraised value.

What is the process of buying a house loan?

1. Check the qualifications for buying a house:

Before buying a house, buyers must first find out whether they are qualified to buy a house. There are many first- and second-tier houses across the country. The city implements purchase restriction policies. Generally speaking, home buyers with local registered permanent residence can buy their first home locally, while those with foreign registered permanent residence need to meet certain tax or social security requirements.

2. Choose a house:

Before buying a house, have a clear understanding of your own house purchasing needs and ability. When selecting a property, buyers should go to see the property on site and focus on whether the property has pre-sale qualifications. In the process of checking whether a property has pre-sale qualifications, the focus is to check the pre-sale certificate of commercial housing, such as whether the property is publicly available for internal subscription without a pre-sale certificate, whether the pre-sale certificate is hung in a conspicuous place in the sales department, and whether the pre-sale certificate is Expiration etc. In terms of the quality of the house, it is recommended to go to the site to check whether there are any problems such as wall cracks, water leakage, water seepage, cut corners, etc.

3. Pay a deposit:

Buyers should pay attention to whether they pay a deposit or a deposit. The deposit is legally binding. If the contract is violated, the buyer will not get the deposit back. If the developer violates the contract, the deposit must be doubled. The deposit is not expressly stipulated in the law. It generally represents a certain amount of money paid in advance, and there is no liquidated damages.

4. Sign the contract and pay the down payment:

After the home buyer pays the deposit, he will usually pay the down payment and sign the contract after a period of time. The house purchase contract is particularly important. It generally includes the area, unit price, total price, building, floor, unit and household number of the house. At the same time, relevant precautions and supplementary terms must be negotiated, including the division of responsibilities and handling methods for unexpected situations after the house is handed over. .

5. Sign a house purchase contract:

The house purchase contract is an important document for purchasing a house and safeguarding rights. Therefore, when signing a house purchase contract, buyers should pay attention to see if there are any blank clauses in the contract. Whether the obligations and rights in the supplementary agreement are reciprocal, whether the liability for breach of contract and compensation are clearly written, whether the delivery date and standards are clear, and whether there is a monopoly on property management rights.

6. Loan procedures:

House buyers should choose a suitable loan method according to their actual situation. Most home buyers still need to buy a house through a loan. The loan method is generally There are two types of provident fund loans and commercial loans. According to the repayment method, it is divided into two types: equal principal and interest repayment method and equal principal repayment method.