More people choose loans to buy a house, because it is less stressful to buy a house with a loan, but if you want to choose this way to buy a house, you must meet some conditions, which does not mean that everyone can Loans, then, first we have to take a look at the real estate loan regulations issued by the China Banking Regulatory Commission.
More people choose to take loans when buying a house, because it is less stressful to buy a house with a loan. However, if you want to choose this way to buy a house, you must meet certain conditions. It does not mean that everyone can Loans, then, first we have to take a look at the real estate loan regulations issued by the China Banking Regulatory Commission, and master the regulations. Then, we will take a detailed look at what real estate loans are. Let’s take a look together.
Regulations on real estate loans issued by the China Banking Regulatory Commission
For projects whose capital (owner’s equity) ratio does not reach 35% or where the land use right certificate, construction land planning permit, construction Commercial banks are not allowed to grant any form of loans to projects that have engineering planning licenses and construction licenses; commercial banks are not allowed to grant loans to real estate development companies that have been verified by the land and resources department and the construction department to hoard land and housing. ; For commercial buildings that have been vacant for more than three years, commercial banks are not allowed to accept them as collateral for loans.
Loans issued by commercial banks to real estate development enterprises can only be issued through the account of real estate development loans. It is strictly prohibited to issue loans through the account of real estate development working capital loans or other loans. In principle, real estate development loans issued by commercial banks can only be used for real estate development projects in the region and cannot be used across regions. For loans that are really needed for off-site real estate development projects and have implemented corresponding risk control measures, commercial banks should report to the regulatory authorities before issuing the loans.
What are the real estate loans?
The types of real estate development loans include:
1. Real estate development enterprise working capital loans, real estate development enterprises apply for loans for capital turnover requirements;
2. Land development loan;
3. Commercial housing development loans;
4. Housing development loans are loans issued by banks to real estate development companies for the development and construction of housing for market sale.
Article 2 of the "Notice of the China Banking Regulatory Commission on the Issuance of Real Estate Loans" as mentioned in these Guidelines refers to loans related to the development, operation, and consumption activities of real estate or real estate. Mainly include land reserve loans, real estate development loans, personal housing loans, commercial housing loans, etc. Land reserve loans as mentioned in these Guidelines refer to loans issued to borrowers for land acquisition and preliminary land development and consolidation. Borrowers for land bank loans are limited to institutions responsible for primary land development.
Real estate development loans are loans issued to borrowers for the purpose of developing, constructing, and selling real estate projects to the market, leasing, etc. Personal housing loans are loans issued to borrowers for the purchase, construction, and major repairs of various types of housing. Commercial housing loans are loans issued to borrowers for the purchase, construction, and overhaul of various types of properties used for commercial purposes.
Among the knowledge mentioned in this article, I mainly understand what the real estate loan regulations issued by the China Banking Regulatory Commission are. The relevant regulations have been written out for you in the article. If you want to If you want to buy a house in this real estate, you must meet the regulations given above. In this case, you can choose a loan to buy a house. At the same time, you have also learned what real estate loans are and you can choose the appropriate method.