Mortgage loan, also known as house mortgage loan. Mortgage means that the buyer fills in an application for mortgage loan to the bank and provides legal documents such as ID card, income certificate, house sales contract and guarantee letter. The bank promises to issue loans to the buyer after passing the examination, and handle real estate mortgage registration and notarization according to the house sales contract provided by the buyer and the mortgage loan contract concluded between the bank and the buyer. The bank directly transfers the loan funds to the seller's account within the time limit stipulated in the contract.
Influencing factors of housing loan
1, age of loan applicant
When banks evaluate the repayment period of mortgage loans for borrowers, they first take their age as the basis. Generally speaking, under the premise of meeting the loan conditions, the younger the age, the longer the loan period, and conversely, the older the age, the shorter the loan period. Under normal circumstances, "the lender's age+the loan period does not exceed 65 years" is the loan period that the bank can handle for it.
2. Age of the lending institution
When a lender buys a property, the "house age" of the purchased property will determine how many years he can borrow. According to the regulations of the bank, it is easier to get a loan than a new room property. For example, the second-hand houses with a construction period of 65,438+00 years are in good condition in all aspects, and banks are willing to speed up the approval of housing loans at this age. However, in 1970s and 1980s, second-hand houses were relatively old, and the risk of loans controlled by banks was relatively high, so banks were very cautious in approving loans for such houses.
3, the economic ability of the loan applicant
On the other hand, for applicants who buy a house with loans, such as work income, job stability, savings deposits, assets, etc. It is also a factor that banks consider, and it is also a factor that measures the application time of their loan years. Borrowers with strong economic strength can consider loan schemes with short loan life and certain repayment pressure. For example, 70% 10 or 15, or even 60% to 50% loan scheme. Borrowers with poor economic strength should pay attention to whether their own economic conditions allow them to bear greater repayment pressure. If the bank has a good reputation and qualifications, such people may get loans as high as 80% to 20 years.