Housing loan conditions:
1. Loan applicant1Over 8 years old and under 65 years old. 18 years old or older, indicating that the applicant is an adult with full capacity for civil conduct and can be responsible for his own actions. The requirement of being under 65 years old is required by the bank to ensure that the applicant has the ability to repay. After all, 65 is past retirement age. If there is no stable income from work, it is difficult for banks to confirm whether the applicant has the ability to repay.
2. The loan applicant has a stable and legal income and has the ability to repay interest after being audited by the bank. No matter who works or who manages his own income, he can prove his income and repayment ability through bank running water.
3. There are funds to pay the down payment of the house. To buy a house, you have to pay a down payment before you can apply for a house loan in the bank. A loan that can't even pay the down payment. The down payment ratio varies from place to place, and the amount depends on the total house price.
4. There are also requirements for the house purchased by the loan applicant. On the one hand, if there are relevant official documents to prove that the house purchased by the applicant is within the scope of demolition, then it is impossible to apply for a bank loan. On the other hand, whether the bank lends money is also related to the age of your loan applicant. The older the house, the harder it is to get a loan, especially the second-hand house with a house age of twenty or thirty years. The audit standard of bank loans will be higher, and even the loan will not be paid. By the way, I would like to remind people who want to buy a second-hand house with an older house that it is best to know the situation before buying, so as not to cause themselves a lot of unnecessary trouble in the end.
5. You can provide a guarantee recognized by the bank. There is no doubt about it. When you go to a bank for a loan, especially for such a large loan, you must guarantee it by mortgage. However, housing loans are generally mortgaged by real estate.
6. Individuals have no credit problems. Before granting loans, banks will review the appraisers' personal credit status to see if there are overdue records and property disputes. In short, you can't have a bad record in the bank, otherwise it will affect your loan application and loan interest.
Even if you meet the above conditions for housing loan, there is no 100% guarantee that you can get a house loan in the bank. Friends who plan to buy a house must pay attention to these problems, otherwise it is useless to regret when the house loan application is not available.
1, don't take the provident fund easily.
Provident funds used for housing loans can enjoy lower bank loan interest rates than commercial loans. Although the provident fund can be used more and more now, you can also withdraw money from the provident fund account yourself. But I sincerely suggest that people who plan to buy a house should not touch your provident fund at will. Because the balance of the provident fund account is related to the loan amount you can apply for when buying a house. Moreover, if there is no money in the provident fund account, you may not be able to apply for a provident fund loan, and the loss will be great.
Don't jump ship easily before buying a house.
Pay attention to this, because there are some requirements when applying for a bank loan. For example, the provident fund account must be deposited continuously for 6 months, and the bank's running water in the past six months will be required to print. If there is a job change at this time, the intermittent bank flow will let the bank evaluate your repayment ability.
3. Be prepared not to get long-term loans.
We all know that the longest loan period for bank loans is 30 years, but not everyone can apply for a 30-year loan. Generally speaking, the sum of the real age of the loan applicant and the years of applying for mortgage cannot exceed 65. For example, if you are 45 years old now, you can't apply for a 30-year long-term loan, but you can only apply for a 20-year long-term loan at most.
That's about it. If you don't understand anything, you can leave me a message. In fact, the loan review of buying a house is quite strict. If you can use provident fund loans, it is naturally the best. Compared with commercial loans, provident fund loans are indeed cost-effective.