The following are the conditions set by the bank for the house mortgage: firstly, a legal identity; secondly, a stable economic income, the ability to repay the principal and interest of the loan, and no bad credit record; thirdly, a legally valid purchase contract; fourthly, a newly purchased house as a maximum mortgage, a legally valid purchase contract, the age of the house is less than 10 years, and the preparation or payment of a down payment of no less than 30% of the full price of the purchased house; fifthly, a newly purchased house as a maximum mortgage, the purchase contract should be legally valid, the age of the house is within 10 years, and the preparation or payment of no less than 30% of the full price of the purchased house. Down payment; fifth has been purchased and for the house mortgage, the original house mortgage has been repaid for more than one year, the loan balance is less than 60% of the value of the mortgaged housing, and used as collateral for the housing has obtained the certificate of ownership of the house, the age of the house in less than 10 years; sixth to be able to provide an effective guarantee of recognition of the lending bank; the seventh lending bank specified other conditions.
I, personal real estate mortgage term is the longest?
Home mortgage, is the borrower to own or third-party property as collateral. And with a stable income to the bank in installments to pay the principal and interest, while before the principal and interest are not repaid, with its title deed to the bank as collateral, if the buyer can not follow the term of the principal and interest payments, the bank can sell the house in order to offset the arrears.
1, commercial residential mortgage rate up to 70%;
2, office and store mortgage rate up to 60%;
3, industrial plant mortgage rate up to 50%;
4, the maximum period of up to 30 years; mortgages, including stores, office buildings, homes, villas, factories, warehouses and so on.
Second, what is the procedure for property mortgage?
1, the borrower before the loan fill out the application for residential housing mortgage, and submit to the bank the following documents: the borrower's unit issued by the borrower's fixed economic income certificate; borrowing guarantor's business license and legal person certificates and other documents proving creditworthiness; the borrower's legally valid identification; in line with the provisions of the law on the ownership of the housing documents or proof of the right to dispose of their own homes; mortgage Property valuation report, appraisal and insurance documents; purchase and construction of housing contracts, agreements or other documents; loan banks require the provision of other documents or materials.
2. The bank examines the borrower's application for the loan, the contract for the purchase of the house, the agreement and related materials.
3, the borrower will be mortgaged property title certificate and insurance policies or securities to the bank to collect.
4, the borrower and lender guarantor signed a housing mortgage contract and notarized.
5. After the loan contract is signed and notarized, the bank transfers the borrower's deposits and loans to the housing unit specified in the purchase contract or agreement.
6, loan settlement, loan settlement including normal settlement and early settlement of two.