Housing loan conditions for college students

1. College students with foreign hukou must provide tax payment certificates or social security certificates.

Now the bank has indicated that it will no longer provide housing loans to foreign lenders who cannot provide tax payment certificates or social security payment certificates for more than 1 year. Therefore, the loan for college students with foreign accounts must be able to provide the above supporting materials, otherwise the newly graduated college students can only choose to pay the full amount if they want to buy a house in other places.

2. When I first started working, my parents must come forward to guarantee.

Even if college students already have jobs and their hukou is new, the examination of college students' loan to buy a house will be relatively strict. Mainly because the income of college students who have just joined the work is basically not high and their repayment ability is limited.

Generally speaking, college students need a certificate of income issued by the company to apply for a loan before they can approve the mortgage. After meeting the conditions, they will implement the policy of the first suite. If the income of newly graduated college students is not high, then parents with relatively high income need to be co-borrower. You can't get a loan until you have a guarantee at home.

3. Undergraduates who haven't graduated can't apply for loans when buying a house.

Some parents of foreign students want to buy a house for their children while they are still studying, so that they don't have to move back to their hometown after graduation. However, it is now stipulated that although college students are registered in this city, they cannot be the main lenders because they have no job and no income at present, and it is not feasible for their parents to be the main lenders. Therefore, college students who have not graduated can only choose the full amount if they want to buy a house.

However, some banks have introduced student housing loan regulations, allowing students and their parents who have reached the age of 18 to apply for personal housing loans from banks as borrowers. After the loan, the parents can be responsible for the monthly repayment, and the length of the loan period is determined according to the age of the students.

Preferential policies for college students to buy houses

In fact, there is basically no discount for college students to buy a house with loans. Of course, some banks will also introduce certain student purchase policies. The general discount that college students can enjoy is that they can enjoy the interest rate of 30% lower than the benchmark interest rate when they buy a house with the first mortgage loan. If it is a provident fund loan, the loan interest rate is 3.87%. The down payment for the first suite is 20% of the total house price, and the down payment needs to be paid by yourself.

As a college student who wants to buy a house, in addition to considering whether it meets the conditions, he needs to decide whether to borrow money to buy a house according to his own conditions. After all, the new job is not very stable, and buying a house with a loan will have certain risks.

2. Can foreign college students pay down payment when they buy a house with their parents' money as collateral? What is the city where the school is located?

Can't provide proof of income, can only buy a house in the name of parents. Your parents have the financial strength to prove that they are willing to buy a house with their own money. As for the real estate company whose money it wants, it can also negotiate with the developer.

Third, can college students buy a house guaranteed by their parents for 30 years?

Yes, it is no problem for parents to guarantee loans for 30 years. You can choose big houses and lots according to your personal situation. Legal basis: Article 68 1 of the Civil Code of People's Republic of China (PRC) is a contract in which the guarantor and the creditor agree that when the debtor fails to perform the due debt or the circumstances agreed by the parties occur, the guarantor will perform the debt or assume the responsibility. Article 682 A suretyship contract is an accessory contract to the principal creditor's rights and debts contract. If the principal creditor's rights and debts contract is invalid, the guarantee contract is invalid, unless otherwise stipulated by law. If the debtor, guarantor and creditor are at fault after the guaranty contract is confirmed to be invalid, they shall bear corresponding civil liabilities according to their faults.

4. Can parents mortgage the house for college students?

It can be mortgaged.

What's the difference between parents buying a house for college students and you usually buying a house? As long as you go to the bank for a loan, or use the housing provident fund for a loan, it is your own business as to who to buy a house for.