Although when it comes to today’s housing prices, many friends will think that they are very high. However, for friends with relatively affluent family conditions, buying real estate may be the best investment. In order to avoid market failure and at the same time, To protect the interests of the people themselves, the relevant departments have issued a series of purchase restriction policies, such as the interest rate standards for third house loans and the analysis from the perspective of identification. These parts are written information worthy of our study and understanding. So

1. What is the interest rate for the third house loan?

Nowadays, all banks do not accept loans for third houses, so you cannot apply for a loan to buy it now. The third house, then if you want to buy a third house, you can only buy the house in full. However, banks in different regions now have different regulations on third-home loans. They are relatively loose in first-tier cities, while in second- and third-tier cities, they have not yet liberalized third-home loans.

But now the provident fund loan for the third house has been stopped. The Ministry of Housing and Urban-Rural Development and others issued a notice in 2010, stipulating that housing provident fund loans should not be used for speculative home purchases, and all three houses were banned. And stop issuing housing provident fund personal housing loans to families of employees who purchase their third or more homes.

Criteria for identifying second and third houses:

1. Type 1: There are two sets of commercial loan records under an individual’s name, one of which has paid off the loan and sold it, and the other One house has not been repaid, and if it is borrowed again, it will be regarded as a third house by the bank.

2. The second type: There are two sets of commercial loan records in the personal name, both of which have been paid off and sold. Although the sale certificates of the two sets of properties can be provided and there is no real estate in the personal name, If you refinance, it will also be considered as a third house.

3. The third type: one set of commercial loans in the personal name has been paid off, and the other set of provident fund loans has also been paid off. If the borrower wants to use the provident fund loan to purchase a third property, the following procedures must be followed: The new housing provident fund policy is considered to be three houses, and the loan policy for three houses will be implemented.

4. The fourth type: The first home under an individual’s name is a provident fund loan, and the second home is a commercial loan. If he wants to use a commercial loan again, this situation must be counted as three homes.

5. The fifth type: Before marriage, one party used a commercial loan to buy a house, and the other party used a provident fund loan to buy a house. After marriage, they want to obtain the same loan in the name of the couple, because both of them are in the system. There are records, so it will still be counted as three houses.

6. Type 6: Between husband and wife, one party had a house without a loan before marriage, and the other party used a commercial loan to buy a house for his parents. After marriage, he used provident fund loans in the name of the other party who did not have a loan. Buying a house again.

7. Category 7: Between husband and wife, one party had a house purchased with full payment before marriage and sold it, and the other house was purchased with a provident fund loan and has been paid off but not sold. After marriage, they want to use another house. To apply for a provident fund loan to buy a house again in the name of one party.

8. Type 8: Between husband and wife, one party had a house purchased with full payment but no loan before marriage. After marriage, he purchased a house with full payment in the name of the other party, and now plans to use both of their ***Using a provident fund loan to buy another house in the same name is also considered the third house according to regulations.

The above example given by the editor is an introduction to the identification of loan conditions and standards in the process of purchasing a third house. From this, we can know that in order to regulate the real estate market, and at the same time to avoid some Over-investment in the real estate market by overly wealthy people has led to overheating of the market, thereby harming the interests of the rest of the population. Therefore, relevant departments have issued a series of purchase restriction policies, which not only have strict regulations on purchase conditions, but also specific requirements on loan interest rates. The standards are also quite stringent. Friends who are interested in consumption, or want to formulate similar purchase policies and plans, it is best to refer to the above to adjust their decisions.