No matter which bank you apply for a loan, the loan review is actually a very personalized process. Generally speaking, the factors that affect the loan speed, amount and duration mainly include the following aspects:

1, villa price and location

The total price of the villa will mainly affect the loan amount that can be obtained. For example, the loan amount of a bank to a villa is ≤50%, which fluctuates according to the unit price of the house. The higher the house price, the lower the amount (some banks limit the amount according to the total price, but generally it is limited to 50%). Most Chinese banks also have subdivision standards for the location of villas, which has a partial impact on loans.

2. Is it a second-hand villa?

Some banks stipulate that the loan period of second-hand villas should not exceed 20 years; The loan amount is also limited to a maximum of 50%, and generally does not enjoy preferential interest rates; The purchased second-hand villa is appraised by the real estate appraisal agency established by the bank, and the bank finally determines the loan amount according to the appraised price; It is suggested that readers who want to buy second-hand villas have a certain understanding of the bank's loan regulations for second-hand villas and have a good idea of the loans they can get in the future.

3. Total loan amount

Banks also have certain restrictions on the total amount of personal loans. If the total amount exceeds a certain standard, the loan ratio will be reduced. If the sum of the first two loans exceeds 5 million, the loan that could have been 50% will be reduced to 40%. Moreover, the interest rate of bank loans to villas is generally controlled at 6. 12%, and many banks will rise by 5%~ 10% on this basis.

4. Lender's country \ \ household registration

Generally speaking, the loan amount and proportion that foreigners, Hong Kong, Macao and Taiwan people can get are reduced to some extent, usually by 10% on the basis of general terms, and their household registration is not in Shanghai, which will also affect the loan amount.

5. Credit status of the lender

The lender's credit evaluation is the most critical of all these points. Property buyers should try their best to provide banks with excellent repayment records, credit certificates, good income level certificates and bank deposit certificates, and try their best to obtain the lower upper limit of mortgage interest rate and the highest loan amount. Applying to a bank with a good record can also speed up the loan application time. I hope my answer is helpful to you.