China adheres to the principle of "one country, two systems" towards Hong Kong, so the systems in Hong Kong and the Mainland are different. Now Hong Kong people who come to the mainland to buy a house can enjoy the same bank mortgage loans as mainland citizens, but when Hong Kong people apply for consumer loans, banks will have the difference between credit loans and mortgage loans. Generally speaking, Hong Kong customers can apply as long as they meet the requirements of the bank.
1. Credit loans, such as Hong Kong workers working in Shenzhen, are almost impossible to obtain bank loans in the market. Before 20 17, only Hang Seng Bank could provide credit loans to Hong Kong compatriots in the mainland market. At present, Hang Seng Bank has no credit loan products open to the outside world.
2. If the mortgage loan has legal collateral in the Pearl River Delta region such as Shenzhen and Huizhou, the loan will no longer be a big problem. Therefore, it is ok for Hong Kong residents to apply for mortgage loans, and the requirements are basically the same as those of mainlanders. Due to different systems, banks have different control and power over the two places. In order to verify the authenticity of customers' information, the issue of marital status requires Hong Kong compatriots to issue a legally binding certificate of marital status according to a Hong Kong law firm designated by the bank, and other required materials are basically the same.
3. What's wrong with needing a guarantor? This situation is mainly reflected in Hong Kong customers in Huizhou and Dongguan. Companies and commercial houses owned by customers in Shenzhen can apply to banks according to the bidding documents in the industry (Dah Sing Bank, China Volkswagen Bank, Overseas Chinese Yongheng, etc.). ), and the required information is also very simple. Therefore, Hong Kong compatriots must consult more when consulting third-party intermediary loans, so as to avoid being found by bad intermediaries and then routing customers. At present, the lowest interest rate of bank loans in the market is 3% 95, with an annualized rate of 4.74%. Interest comes first, then capital, with a term of 5 years and a maximum of 7 million.
The Interim Measures for the Administration of Personal Loans have corresponding provisions:
Article 11 An individual loan application 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.
Relevant laws of the Interim Measures for the Administration of Personal Loans:
Article 18 The loan review shall comprehensively review the legality, rationality and accuracy of the loan investigation, focusing on the due diligence of investigators and the borrower's repayment ability, integrity, guarantee, mortgage (pledge) ratio and risk degree.
The loan risk assessment should be based on the analysis of the borrower's cash income, and adopt quantitative and qualitative analysis methods to conduct a comprehensive and dynamic loan review and risk assessment. The lender shall establish and improve the borrower's credit record and evaluation system.
Article 20 Lenders shall, in accordance with the principle of prudence, improve the authorization management system, standardize the examination and approval procedures, clarify the authority of loan examination and approval, implement the separation of loan examination and approval, and ensure that loan examination and approval personnel independently examine and approve loans according to authorization.