There is no requirement that mortgage loans must be integers, but in order to facilitate the calculation of mortgage loans, major banks and lending institutions will choose to borrow integers, but it is clearly stipulated that the loan amount cannot exceed the value of the house.

According to Article 7 of the Measures for the Administration of Individual Housing Loans, the borrower shall apply for a loan directly from the lender. The lender shall give a formal reply to the borrower within three weeks from the date of receiving the loan application and the materials that meet the requirements. After examination and approval, the lender shall issue housing loans to the borrower in accordance with the relevant provisions of the General Rules for Loans.

Article 8 The loan amount issued by the lender shall not exceed the value of the house purchased by the real estate appraisal agency.

Article 9 If an applicant applies for using the housing provident fund loan to purchase a house, after the loan application is approved, the lender will transfer the funds to the bank account opened by the selling unit according to the time stipulated in the loan contract. The maximum amount of housing provident fund loans shall not exceed 2 times the amount of housing provident fund deposits within the retirement age of borrowing family members.

Extended data:

Article 5 A borrower shall meet the following conditions:

1. Have permanent residence or valid residence status in cities and towns;

Two, a stable occupation and income, good credit, the ability to repay the loan principal and interest;

Three, with the purchase of housing contracts or agreements;

Four, no housing subsidies to not less than 30% of the total price of the purchased housing as the down payment; If there is a housing subsidy, 30% of the personal commitment is the down payment for the purchase;

Five, there are assets recognized by the lender as collateral or pledge, or units or individuals with sufficient compensation capacity as guarantors;

6. Other conditions stipulated by the lender.

Can the loan period of housing provident fund be an integer multiple of 5 or 10? About four or six years.

Yes, you can.

The longest term of provident fund loans shall not exceed 30 years.

Provident fund loan conditions:

Only employees who participate in the housing provident fund system are eligible to apply for housing provident fund loans, and employees who do not participate in the housing provident fund system cannot apply for housing provident fund loans;

Those who participate in the housing provident fund system must also meet the following conditions when applying for housing provident fund personal housing loans: that is, the time for continuous deposit of housing provident fund before applying for loans is not less than 6 months. Because, if the employee's behavior of paying housing provident fund is abnormal and intermittent, it means that his income is unstable and he is prone to risks after issuing loans;

One of the husband and wife has applied for a housing provident fund loan, and neither of them can obtain a housing provident fund loan again before paying off the principal and interest of the loan. Because the housing provident fund loan is a kind of "housing security" financial support to meet the basic housing needs of workers' families;

When applying for housing provident fund loans, the loan applicant must have relatively stable economic income and repayment ability, and there are no other outstanding debts that may affect the repayment ability of housing provident fund loans. When employees have other debts, it is risky to give housing provident fund loans, which violates the principle of safe operation of housing provident fund;

The longest term of provident fund loans shall not exceed 30 years. For portfolio loans, the loan conditions of provident fund loans and commercial housing loans must be the same.

How is the mortgage term calculated?

Hello, according to the loan policies given by various banks at present. as follows

Commercial loans:

Bank of China: Housing age requirement: housing age+loan age 50 (housing age is calculated from the completion time). Age requirement: age+loan age 70 (regardless of gender)

China Construction Bank: Housing age requirements: housing age+loan life (housing age is calculated from land grant). Age requirement: age+loan age 70 (regardless of gender)

ICBC: Housing age requirement: housing age+loan service life (housing age is calculated from land grant). Age requirement: age+loan age 70 (regardless of gender)

Agricultural Bank of China: Housing age requirements: housing age+loan housing age service life (housing age is calculated from the time of land grant). Age requirement: age+loan age 70 (regardless of gender)

China Merchants Bank: Housing age requirements: housing age+loan age 45 (housing age is calculated from the completion time). Age requirement: age+loan age 70 (regardless of gender)

Minsheng Bank: Housing age requirements: housing age+loan age 45 (housing age is calculated from the completion time). Age requirement: age+loan age 70 (regardless of gender)

According to the above policy, if you make a good choice in choosing a loan bank, then you can borrow for 30 years without any problems.