The lower limit of the interest rate of the first commercial personal housing loan is adjusted to not less than the quoted interest rate of the loan market minus 20 basis points. According to the latest (i.e. April 2022) LPR, the price is 4.6% for more than 5 years, that is, the interest rate of the first home loan is not lower than 4.6%. The interest rate of the first home loan can be as low as 4.4%.

If the interest rate of the first home loan is lowered, it will not be lowered if it has been bought, which means that it has no impact on the owners who have already bought a house.

This policy adjustment is mainly aimed at newly issued commercial personal housing loans, and the interest rate of existing commercial personal housing loans is still implemented according to the original contract.

This means that the adjustment range of the lower limit of the interest rate of personal housing business loans does not include the second suite, and it is not applicable to individual families who have applied for the mortgage loan of the first suite.

Preferential policies for the first home loan 202 1

The down payment ratio of the first suite is generally low. Of course, cities with restricted purchases will be higher, reaching 30%, and the down payment ratio of ordinary commercial housing will be no less than 50%. The interest rate of the first home loan policy is lower. The interest rates of provident fund loans and commercial loans have been reduced.

1. Housing loan, also known as housing mortgage loan, refers to the application form for housing mortgage loan filled out by property buyers to the loan bank, providing ID cards, income certificates, housing sales contracts, guarantees and other documents that must be submitted according to legal documents.

Second, after passing the examination, the loan bank promises loans to the buyers, and handles the notarization of real estate mortgage registration according to the house sales contract provided by the buyers and the mortgage loan contract concluded between the bank and the buyers. The bank will directly transfer the loan funds to the account of the seller's unit in the bank within the time limit stipulated in the contract.

Third, mortgage loan conditions: the service life of the house is within 20 years; Banks have different requirements for the size of houses; The house should have strong liquidity; Generally need commercial housing, apartments, shops, office buildings.

Fourth, real estate mortgage loans generally need professional real estate guarantee companies to handle. Real estate mortgage loan has become an important means of real estate financing for individual residents. Loans are issued through mortgage loans to meet temporary consumption needs and even business needs, so as to revitalize the real estate held by residents. Among various financing channels, real estate mortgage loans are still one of the lowest cost ways.

5. The borrower should fill in the Application for Housing Mortgage before the loan, and submit the following supporting materials issued by the bank: the borrower's fixed income certificate issued by the borrower's unit; Credit certification documents such as business license and legal person certificate of the loan guarantor; Legal and valid identity certificate of the borrower;

Six, in line with the relevant laws and regulations of the housing ownership certificate or proof that I have control over the house; Appraisal report, appraisal report and insurance documents of mortgaged real estate; Contracts, agreements or other supporting documents for the purchase and construction of houses; Other documents or materials required by the lending bank.

Housing mortgage loan interest rate 2022

1. What's the mortgage interest rate?

1. At present, the benchmark interest rate implemented by the bank is: the loan interest rate for less than one year (including one year) is 4.35%; The interest rate for one year to five years (including five years) is 4.75%; More than five years is 4.90%.

2. At present, the benchmark interest rate of commercial loans with a loan term of more than 5 years is 4.90%. Due to the policy of restricting purchases and loans, local banks have different efforts to adjust the interest rate of the first home loan. According to the latest data from Bank Information Port, the average interest rate of the first suite in China is 5.38%, and the interest rate generally rises by 5%-20%. The interest rate of the second home loan generally rose 10%-30%. During the same period, the benchmark interest rate of provident fund loans was 3.25%, and the interest rate of second-home loans generally rose 10%.

3. The second suite is defined as the number of mortgage loans based on the borrower's family (including the borrower, spouse and minor children). Families who have used provident fund loans or commercial loans to buy houses and apply for mortgages again are regarded as second suites.

Second, the classification of loan interest rates

According to whether the interest rate level changes during the monetary fund lending relationship, the loan interest rate can be divided into fixed interest rate and floating interest rate. Floating interest rate refers to the interest rate that is adjusted accordingly with the change of price or other factors during the loan period. Lenders and borrowers can agree that the interest rate can be adjusted with the price or other market interest rates when signing the loan agreement. Floating interest rate can avoid some disadvantages of fixed interest rate, but the calculation basis is diverse and the procedures are complicated.

China's medium-and long-term savings deposit subsidy method is a form of floating interest rate system.

First home loan conditions

1, with legal identity. 2. There is an asset mortgage or pledge recognized by the loan bank, or (and) a legal person, other economic organization or natural person with sufficient compensation capacity as the guarantor. 3. Self-raised funds of more than 30% of the total house price (20% for self-occupied houses with a building area of less than 90 square meters), and guaranteed to be used to pay the down payment of the purchased houses. 4, a stable economic income, good credit, the ability to repay the loan principal and interest. 5. There are legal and effective contracts and agreements for the purchase, construction and overhaul of houses and other supporting documents required by the lending bank. 6. Other conditions stipulated by the lending bank. Article 11 of the Interim Measures for the Administration of Personal Loans shall meet the following conditions: (1) The borrower is a People's Republic of China (PRC) citizen with full capacity for civil conduct or an overseas natural person who meets the relevant provisions of the state; (2) The purpose of the loan is clear and legal; (3) The amount, duration and currency of the loan application are reasonable; (4) The borrower has the willingness and ability to repay; (5) The borrower's credit status is good and there is no significant bad credit record; (6) Other conditions required by the lender.

What is the first home loan policy of China Bank?

China Bank's first home loan policy;

At present, the regulation of the real estate market is decided by local governments, and the policies vary greatly from place to place and are frequently adjusted. Therefore, please consult the local China Bank outlets for the specific down payment ratio and loan interest rate of commercial personal housing loans.

The above contents are for your reference. Please refer to the actual business regulations.