It is difficult to get a loan for a house for more than 30 years, and banks generally do not lend money based on risk considerations. If a small number of banks can get loans, the requirements for down payment are relatively high. Buyers should prepare more down payment and provide other property certificates before they can pass the loan.

First, the factors affecting second-hand housing loans

1. Buyer's age:

The age of buyers has a certain influence on the loan period. Usually, every bank requires the lender to be over 18 and under 60. The older the lender, the shorter the loan period.

2. Room age:

The age of the house is also one of the factors that affect the loan life. For people who buy second-hand houses, they should pay special attention to this point during the purchase process. If the house is over 30 years old, it is difficult to apply for a loan. Even if some banks can apply, the loan period is very short.

3, the economic situation of property buyers:

When examining and approving loan applications, every bank will take personal economic situation into reference to see how the lender's income is and whether he has the ability to repay the monthly payment.

4, housing property rights:

For houses with different property rights, the loan term will also be different. The current housing types are mainly residential, industrial and commercial, with different property rights. For a house with 70-year property rights, the loan period given by the bank is generally about 30 years, and for a house with 40-year property rights, it is about 10 years.

Second, the procedure.

1. The borrower shall fill in the Application Form for Housing Mortgage and submit the following supporting materials to 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; The relevant certificate of the ownership of the house or the certificate that I have the right to the house according to law; 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.

2. The bank examines the borrower's loan application, purchase contract, agreement and related materials.

3. The borrower shall hand over the title certificate, insurance policy or securities of the collateral to the bank for safekeeping.

4. The borrower and the guarantor of both borrowers sign the Housing Mortgage Loan Contract and notarize it.

5. After the loan contract is signed and notarized, the bank's deposits and loans to the borrower are transferred to the selling unit or building unit specified in the purchase contract or agreement.

6. The loan applicant repays the loan on a monthly basis.

Three equal principal and interest

1. The nature of interest will not change whether it is equal principal and interest repayment method or average capital repayment method. Generally speaking, matching the principal and interest will pay a little more interest than the average capital. . But the premise is that the loan period is sufficient. It seems that the bank has recovered the interest, but in fact, with the reduction of the principal, the average capital repayment method can speed up the repayment, withdraw the funds as soon as possible, reduce the operating cost and help reduce the risk coefficient. In the actual operation process, the matching of principal and interest is more conducive to the borrower to master and facilitate repayment.

2. In fact, after comparison, most borrowers still choose the method of matching principal and interest, because this method has a fixed monthly repayment amount, is easy to remember, and has a balanced repayment pressure, which is actually not much different from the average capital. Because these borrowers also see that the use value of funds varies with time, simply put, the repayment method of equal principal and interest is to pay more interest because of long-term occupation of the bank's principal; The repayment method of equal principal takes up the bank principal for a short time, and the interest will naturally decrease. There is no problem that banks lose money and earn more interest.

3. The two repayment methods are essentially the same, and there is no difference between advantages and disadvantages. Only when the demand is different can there be different choices. Because the repayment pressure of equal principal and interest is balanced, but it needs to pay more interest, which is suitable for people who have some savings, but their income may be flat or declining, and their living burden is increasing day by day, and they have no plans to repay in advance. In the average capital repayment method, because the borrower can repay the principal faster, it can pay less interest, but the amount of repayment in advance is larger, which is more favorable because it is suitable for people with higher income at present, or those who expect a substantial increase in income in the near future and are ready to repay in advance.

Provisions on the loan life of second-hand houses

Thirty years.

Generally speaking, different banks have different specific regulations, but nothing more than the following:

1. The sum of the age of the second-hand house and the loan period cannot exceed 30 years. Some banks stipulate that it should not exceed 40 years, while others stipulate that it should not exceed 50 years.

2. The maturity date of the loan cannot exceed the land use period;

3. The sum of the loan term and the borrower's age shall not exceed 65 years old.

The younger the borrower is, the longer the loan period he can apply for; For the age of second-hand housing, the bank will comprehensively calculate the loan period according to the remaining ownership time of the house. Banks generally stipulate that the age of second-hand houses should not exceed 20 or 25 years, some banks stipulate that it should not exceed 15 years, and more stringent requirements should not exceed 10 years. So if the house is too old, it may not be able to borrow the longest life. In addition, the service life of the land is also an important factor affecting the loan life. The service life of the house is calculated from the time when the developer takes the land. The normal service life of land should be 70 years, but the average second-hand house certainly can't reach this life. The short service life of land will also affect the service life of mortgage.

Can't I get a loan for a house over 30 years old?

Yes, under normal circumstances, major banks basically do not lend second-hand houses for more than 20 years.

When a lender buys a property, the "age" of the purchased property will determine how many years he can borrow. According to the regulations of the bank, it is easier to get a loan for a property with a newer room. For example, the second-hand houses with a construction period of 10 years have good conditions in all aspects, and banks are willing to speed up the approval of housing loans with this period.

However, in the 1970s and 1980s, second-hand houses were relatively old, and the loan risks controlled by banks were relatively high, so banks were very cautious in approving loans for such houses.

Extended data:

Other related factors affecting housing loans:

1, age of loan applicant

When banks evaluate the repayment period of mortgage loans for borrowers, they first take their age as the basis. Generally speaking, under the premise of meeting the loan conditions, the younger the age, the longer the loan period, and the older the age, the shorter the loan period. Under normal circumstances, "the lender's age+the loan period does not exceed 65 years" is the loan period that the bank can handle for it.

2, the economic ability of the loan applicant

For applicants who buy a house by loan, work income, job stability, savings deposits and assets are also factors that banks consider, and they are also factors that measure the application time of their loan years. Borrowers with strong economic strength can consider loan schemes with short loan life and certain repayment pressure.

People's Network-It is very common for a limited intermediary to conceal the age of a second-hand house loan with a house age of more than 20 years.

Baidu encyclopedia-housing loan

Can I still get a loan for a 30-year house?

A 30-year-old house can be loaned, but the probability is low.

Houses with a room age of 1.30 years are generally unable to apply for mortgage loans, and only a few properties with higher real value can apply. Generally, it is not easy to apply for a mortgage loan for a house over 20 years, unless it is a house in a first-tier city or a high-priced villa and other real estate types, which can be used as a mortgage.

2. For residential houses, the term of property right is 70 years. For apartments, the property right is generally 40 years. The shorter the remaining property right, the shorter the service life and the lower the value.

3. In order to avoid risks, banks generally stipulate that the age of second-hand houses is within 10-30 years. For older properties, even if they can apply for loans, banks will reduce the borrower's loan ratio.

Personal housing loan is a kind of consumer loan, which refers to the loan issued by the lender to the borrower for the purchase of ordinary housing for personal use. When a lender issues a personal housing loan, the borrower must provide a guarantee. If the borrower fails to repay the principal and interest of the loan at maturity, the lender has the right to dispose of its collateral or pledge according to law, or the guarantor shall be jointly and severally liable for repaying the principal and interest.

The loan object is a natural person with full capacity for civil conduct. The loan conditions are that urban residents use it to buy ordinary houses for their own use, have a house purchase contract or agreement, have the ability to repay the principal and interest, have good credit, and have a down payment of 30% of the funds needed for house purchase and a loan guarantee recognized by the bank.

Personal housing loans are limited to the purchase of self-occupied ordinary housing and urban residents' self-occupied housing, and may not be used to purchase luxury housing.

Basic concepts:

Personal housing loan refers to the loan issued by the lender to the borrower for the purchase of ordinary housing for personal use. Personal housing loan business is one of the main asset businesses of commercial banks. Refers to the loan issued by a commercial bank to a borrower for the first time to purchase a house (that is, a house sold to an individual after development and construction by a real estate developer or other qualified development subject). Personal housing loans mainly have the following three loan forms:

(1) The full name of personal housing entrusted loan is personal housing guarantee entrusted loan, which refers to the personal housing loan entrusted by the housing fund management center to commercial banks by using the housing provident fund. Housing provident fund loan is a policy personal housing loan, on the one hand, the interest rate is low; On the other hand, it mainly provides such loans to low-and middle-income workers who pay the provident fund. However, because the interest difference between housing provident fund loans and commercial loans is above 1%, both investors and ordinary people who buy houses and live in their own homes are more inclined to choose housing provident fund loans to buy houses.

(2) Personal housing self-operated loans are loans granted to individual buyers with bank credit funds as the source. Also known as commercial personal housing loans, personal housing secured loans.

(3) Personal housing portfolio loan refers to the loan issued to the same borrower with housing provident fund deposits and credit funds for the purchase of self-occupied ordinary housing, which is a combination of personal housing entrusted loans and self-operated loans. In addition, there are housing savings loans and mortgage loans.