(1) The borrower of the loan object must be a customer of China Bank's first-hand housing mortgage loan, with no interest default, stable income, good credit, and the ability to repay the loan principal and interest on schedule, which has been repaid on schedule for more than two years.

(II) Loan conditions The house used for mortgage must meet the following conditions at the same time: 1. The housing used for the second mortgage loan should be high-quality housing and commercial housing with great market development potential; 2. The house used for personal housing in the second mortgage must be an existing house; 3. The house is a first-hand house purchased with a mortgage loan from China Bank; 4. The mortgage registration of the house has been completed, and our bank is the mortgagee of the house; 5. The house has been insured, and the original policy is managed by China Bank; 6. The house has excellent location, convenient transportation, complete facilities and great appreciation potential.

(III) Currency of the loan The currency of the secondary mortgage is determined according to the specific purpose of the loan, and is consistent with the original mortgage loan currency in principle. Borrowers applying for foreign currency loans must have a source of foreign exchange repayment.

(4) Loan amount 1, loan amount = house value * mortgage rate-original loan principal balance. 2. The value of the house is compared with the original purchase price of the house and the evaluation price at the time of secondary mortgage, whichever is lower. The mortgage rate of secondary loans with housing mortgage shall not exceed 70%; The mortgage rate of secondary loans for commercial housing mortgage shall not exceed 50%. The term of the second mortgage is determined according to the specific use of the loan. The longest loan for personal consumption is not more than 5 years, the longest loan for personal business is not more than 3 years, and the maturity date of the loan is not more than the maturity date of the first mortgage.

(5) The loan interest rate is the same level commercial loan interest rate stipulated by the People's Bank of China. Foreign currency loans are subject to the same level foreign exchange loan interest rate stipulated by China Bank. If the loan term is less than one year, in case of legal interest rate adjustment, interest will be calculated at the original contract interest rate; If the loan term is more than one year, if the legal interest rate is adjusted, the new interest rate will be implemented on June 65438+ 10/the following year.