Now many people are mainly shops, but the purchase cost of shops is too high, so applying for mortgage loans for shops has become the choice of most people. But the mortgage loan of shops is different from the mortgage loan of houses, so how many years can shops mortgage? What are the application conditions for store mortgage? Let's take a look with Bian Xiao! \r\n 1。 How many years can the store be mortgaged \ r \ nThe term of the store mortgage loan shall not exceed ten years. As long as the lender has the loan conditions and good repayment ability, it only needs to prepare relevant materials and submit an application to the loan bank according to the normal store mortgage loan process, but the loan must agree to use the purchased store as collateral. \r\n II。 What are the requirements for applying for a store mortgage loan \r\n 1. In the process of applying for store mortgage loan, the lender is required to show ID card, store sales contract, income certificate and other related materials, and the down payment is more than 50% of the total house price of the purchased store. After submitting the materials to the bank, the bank will ask the lender to provide proof of down payment. \r\n2。 In addition, the applicant for mortgage loan for shops should have a good credit status, a stable income and job, and the ability to repay the principal and interest of the loan. Big agrees to use the purchased store as collateral or provide other assets recognized by the loan bank as collateral. \r\n3. Most banks provide up to 50% mortgage loans to individual shops, and even some banks charge commercial loan interest rates to individual shops, which means that the retail loan interest rate will be higher than the individual housing loan interest rate. \ r \ Abstract: This is all about how many years a store can be mortgaged. I believe you have a more detailed understanding of the mortgage loan of a shop, and hope to help friends in need. At present, banks are very strict in approving shop loans. Therefore, before going through the formalities of shop loan, everyone should first check whether they are qualified to apply for shop loan, and then prepare the required materials and follow the procedures.

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