The family needs to apply for a loan If parents are 50 years old, they can't get a loan for 30 years because they don't meet the requirements of the bank. The bank requires the lender to be at 18-65, and the lender's age plus the loan period cannot exceed 70 years old. If you apply for a loan at the age of 50, you can only apply for a loan for 20 years at most, and this is the longest period. In practice, if you apply for a loan at the age of 50, the success rate will be reduced first, and the loan period will be about 10 year. In addition to the age limit, the applicant must have a stable professional and economic income, good credit and the ability to repay the principal and interest of the loan. The loan amount is determined according to the lender's credit status, occupation, education, repayment ability and the liquidity of the purchased house.

If parents are the main lenders, they can only apply for a loan for up to 20 years. If the loan is made in the name of the child, the loan period is calculated according to the age of the child. As long as the child is before the age of 35, the loan can be basically 30 years. Therefore, as long as the main lender is changed, the loan term can be extended.

Conditions for applying for loan business:

1,18-a natural person aged 65;

2. The borrower's actual age plus the loan application period shall not exceed 70 years old;

3. Have the ability to stabilize employment, income and repay the loan principal and interest on schedule;

4. Good credit information and no bad records;

5. Other conditions stipulated by the bank.

However, family members can discuss who is the main lender to apply for a loan, but if they want to borrow for 30 years, they can only apply as the main lender.

How long can parents borrow money to buy a house when they are 50 years old?

The maximum loan for parents to buy a house at the age of 50 is 15. Different banks have different regulations, and the actual regulations of the handling bank shall prevail.

To apply for a commercial loan to buy a house, the specific loan period should be calculated according to the individual's age, usually men are no more than 65 years old and women are no more than 60 years old.

When parents buy a house with a loan at the age of 50, the bank will consider various factors and need to meet various conditions. Age is one of them, as well as income, personal credit and repayment ability. Need an audit. Buying a house depends on the specific situation.

What should I do if I am 50 years old and want to borrow money for 30 years? You can try to do this.

As a parent, I have been worried about my children all my life. At the age of 50, I finally waited until my children got married and wanted to give them a loan to buy a house. The longest term of mortgage is 30 years. How can you borrow a house for such a long time when you are 50 years old? Let's have a look.

1, 50 years old can buy a house for 30 years?

It depends on the nature of the loan and the age at the time of the loan. For example, provident fund loans and commercial loans have different age requirements for lenders.

1) commercial loan: the lender is required to be at least 18 to 65 years old, and the sum of the ages at the time of applying for the loan+the loan period cannot exceed 70 years old. That is, if you apply for a mortgage at the age of 50, the longest loan period is 70-50=20 years;

2) Provident fund loan: The longest service life of the borrower after retirement is no more than 5 years, and the legal retirement age is 55 years for women and 60 years for men. When you are 50 years old, you should use the legal retirement age+5-the age at the time of loan, that is, the longest mortgage for women 10 years, and the longest mortgage for men 15 years.

It can be seen that buying a house at the age of 50, whether it is a commercial loan or a provident fund loan, is difficult to get a 30-year loan.

2, 50 years old, how to buy a house in 30 years?

If you want to borrow money for 30 years when you buy a house at the age of 50, you can try to borrow money to buy a house in the name of your children and repay it yourself and the lender. Because the main lender is a child, the loan period will be calculated according to the age of the child at the time of loan. As long as the child borrows money to buy a house before the age of 35, he can basically borrow money for 30 years.

If a 50-year-old lender wants to borrow for 30 years by himself, it is also possible to succeed. This requires the lender to have a spotless credit record, a source of living funds, generally more than twice the monthly payment, and must be in good health until he is 80 years old.

Can parents still get loans when they are in their fifties?

You can also get a loan if you are over 50.

As we all know, banks and lending institutions generally have certain requirements on the age of borrowers, but different loan products have different regulations. Therefore, some loan products may not be handled by people over 50 years old, but some loan products are still within the scope of loans over 50 years old.

Of course, even if you are over 50 years old, you are still eligible to apply for a loan, but because the borrower is too old and risky, it is more likely that the bank will refuse to grant a loan.

I suggest that when you apply for a loan, find a person with good reputation as a guarantee, so that the chances of loan success will be higher. If you have enough income from assets, you can also provide more information on income from assets to prove your repayment ability, and apply for mortgage loan directly with assets as collateral.

Legal basis:

People's Republic of China (PRC) Civil Code

Article 673 Where the borrower fails to use the loan according to the agreed purpose, the lender may stop issuing the loan, recover the loan in advance or terminate the contract.

Article 674 The borrower shall pay interest at the agreed time limit. If the time limit for paying interest is not stipulated or clearly stipulated, and cannot be determined according to the provisions of Article 510 of this Law, if the loan period is less than one year, it shall be paid together with the loan; If the loan term is more than one year, it shall be paid at the end of each year; if the remaining term is less than one year, it shall be paid together with the loan.

Article 676 If the borrower fails to repay the loan within the agreed time limit, it shall pay the overdue interest in accordance with the agreement or the relevant provisions of the state.