Commercial loans, also known as individual housing loans, are commercial banks and housing savings banks approved by the People's Bank of China, which provide loans for urban residents to purchase ordinary housing for their own use and implement the statutory loan interest rate. Materials that the borrower needs to provide when handling a commercial loan: (1) my household registration book, ID card or other valid proof of residence; (2) proof of occupation and income; (3) Relevant certification materials such as purchase contract or letter of intent; (4) proof that the down payment accounts for 30% of the house price; (5) Other materials required by the agency of China Construction Bank.

What is a commercial loan?

1. Commercial loans are loans used to supplement the working capital of industrial and commercial enterprises. Generally, they are short-term loans, usually 9 months, and no more than one year at most, but there are also a few medium-and long-term loans. This kind of loan is the main part of commercial bank loans, generally accounting for more than one-third of the total loans.

2. Commercial loans, also known as individual housing loans, are commercial banks and housing savings banks approved by the People's Bank of China, which provide loans for urban residents to purchase ordinary housing for their own use and implement the statutory loan interest rate.

3. Personal housing commercial loans are self-operated loans issued by banks with their credit funds. Specifically, a natural person with full capacity for civil conduct applies to the bank for a commercial housing loan as a loan repayment guarantee when purchasing a self-occupied house in a town in this city, with the purchased property housing (or other guarantee methods recognized by the bank) as collateral. Mortgage loan is a kind of commercial loan. Personal housing commercial loan is a kind of loan that China citizens apply to the bank for the purchase of commercial housing. According to the relevant regulations of the bank, anyone who meets one of the following two conditions can apply for loan varieties: first, residents who participate in housing savings; Second, the house seller and the loan bank agreed that the real estate guarantee enterprise would provide guarantee to the bank for the residents' house purchase loan.

4. Commercial loans refer to the proportion of commercial loans in the guarantee balance of housing property right guarantee institutions at the end of the statistical period.

1. What is a provident fund loan?

Provident fund loans refer to individual housing provident fund loans, which are issued by local housing provident fund management centers. Using the housing provident fund paid by employees who apply for provident fund loans, commercial banks are entrusted to pay housing provident fund depositors who purchase, build, renovate or overhaul their own houses and retired employees who pay housing provident fund during their employment. According to the regulations, employees who have paid housing provident fund for more than a certain period of time can apply for provident fund loans when the funds for purchasing, building, renovating and overhauling their own houses are insufficient.

What do portfolio loans and commercial loans mean?

Commercial loans, also known as mortgage loans, mainly come from the deposits of individuals and enterprises in banks. Their main characteristics are: first, they are commercial and profitable; Second, the interest rate is higher than the provident fund loan, which is about 1.45 times of the provident fund loan.

Portfolio loan refers to the buyers who normally pay the provident fund, and use commercial loans as a supplement when the amount of provident fund loan application is not enough. For example, a buyer needs a loan of 700,000 yuan, the maximum amount of provident fund loan is 400,000 yuan, and the other 300,000 yuan is a commercial loan. Provident fund loans, commercial loans = portfolio loans.

Portfolio loan refers to the borrower who meets the conditions of individual commodity housing loan and pays housing provident fund at the same time, which meets the conditions of provident fund loan. In addition, when applying for personal housing commercial loans, you can also apply for personal housing provident fund loans, which are called portfolio loans. The provident fund loan of portfolio loan is implemented according to the interest rate of individual housing provident fund loan, and the commercial loan part of portfolio loan is implemented according to the commercial loan standard of individual housing of loan bank.

Commercial loans, also known as mortgage loans, mainly come from the deposits of individuals and enterprises in banks. Their main characteristics are: first, they are commercial and profitable; Second, the interest rate is higher than the provident fund loan, which is about 1.45 times of the provident fund loan.

Application method:

To apply for a portfolio loan, the preliminary examination procedure is the same as that of a provident fund loan. After passing the preliminary examination, when the borrower goes to the bank to handle other procedures for provident fund loans, he should fill in the application form for commercial loans and go through relevant procedures as required by the bank. After the two loans are approved, the bank will transfer them to the account of the selling unit at the same time. In portfolio loans, the loan term, loan date and repayment date of provident fund loans and commercial loans are the same, but different interest rates are implemented.

Step 1: The borrower takes the Commodity House Sales Contract to the personal loan business window of the Housing Provident Fund Management Center 1 to get the loan application form. Step 2: The borrower takes the ID card of himself and the auxiliary borrower, the original household registration book (marriage certificate is required if the household registration accounts are not together), the deposit certificate of provident fund (required for the deposit of provident fund by the locomotive factory and county), the notarization statement (required for the mortgagor and the borrower who are not the same person), the commercial housing sales contract and the completed loan application form to the No.2 window of personal loan business to review the loan amount and calculate the relevant fees to be paid. If the provident fund loan is insufficient, you can apply for a portfolio loan, and apply for a commercial loan at a designated bank with a portfolio loan contact form and related materials. Step 3: The mortgagor and the borrower take their personal seal, current passbook or credit card and the following materials to the No.3 window of personal loan business, then go to No.4 window to collect relevant fees, go through the mortgage formalities at No.3 window, sign the loan contract at No.2 window and sign the entrusted transfer agreement at the designated bank window. Step 4: The borrower will collect the loan receipt at the entrusted loan bank window of the center on the specified date.

Legal basis: Article 26 of the Regulations on the Administration of Housing Provident Fund.

Workers who have paid housing provident fund can apply for housing provident fund loans to the housing provident fund management center when purchasing, building, renovating or overhauling their own houses. The housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities.

The risk of housing provident fund loans shall be borne by the housing provident fund management center.

What is a commercial loan?

Commercial service loans, also known as individual housing loans, are commercial service banks and resident deposit banks allowed by the People's Bank of China, which provide loans for urban and rural residents to purchase their own ordinary houses, and the loan interest rate is stipulated by law. If you buy a house, the buyer only needs to pay the down payment that meets the requirements (the down payment in big cities is different), and the final payment can be applied for a loan. The funds and loan interest can be paid to the bank in installments by monthly repayment.

Is there a difference between commercial housing loan and housing loan?

The difference between shop loans and housing loans;

1, residential loans include commercial loans, and now residential loans are commercial loans and provident fund loans;

2. In terms of loan time, the store requires the house to be pre-sold or capped after the main body is completed and accepted;

3. The down payment ratio is 30% lower for houses and 50% lower for shops; Loan period: 0/0 year for the store and 30 years for the house;

4. In terms of loan interest rate, shops generally go up 10%, and houses generally go down15%; If the house is mortgaged, it can be mortgaged for decades: the loan period is 30% lower for the house and 50% lower for the shops, and then the rest is mortgaged in the bank. Store 65,438+00 years, house 30 years, loan interest rate.

(Introduction of housing loan related information):

Housing loan is any form of housing loan support provided by banks and other financial institutions to buyers, usually with the purchased house as collateral. According to the source of loan funds, it is divided into provident fund loans and commercial loans. According to the repayment method, it can be divided into two types: equal principal and interest repayment method and average capital repayment method. The housing loan interest rate is based on the benchmark interest rate of banks in the same period, and the loan interest rates of different banks have slightly increased.

Application conditions:

Housing loan (provident fund loan) application conditions:

(1) has valid identification;

(2) Only employees who participate in the housing provident fund system are eligible to apply for housing provident fund loans, and employees who do not participate in the housing provident fund system cannot apply for housing provident fund loans.

(3) Persons who participate in the housing provident fund system must also meet the following conditions when applying for housing provident fund personal housing loans: that is, the housing provident fund has been continuously paid for at least 6 months before applying for loans. Because, if the employee's behavior of paying housing provident fund is abnormal and intermittent, it means that his income is unstable and he is prone to risks after issuing housing loans.

(4) One of the husband and wife has applied for housing provident fund loans, and neither husband nor wife can obtain housing provident fund loans again before paying off the principal and interest of the loans. Because the housing provident fund loan is a kind of "housing security" financial support to meet the basic housing needs of workers' families.

(5) When applying for a housing provident fund loan, the loan applicant must have a relatively stable economic income and the ability to repay the loan, and there are no other outstanding debts that may affect the repayment ability of the housing provident fund loan. When employees have other debts, it is risky to lend to housing provident fund, which violates the principle of safe operation of housing provident fund. That is, when applying for housing provident fund loans, applicants are generally required to have no large loans, such as outstanding housing commercial loans and auto loans.

Reference link: Baidu Encyclopedia: Housing Loan

What does a commercial loan mean?

Commercial loans are loans used to supplement the working capital of industrial and commercial enterprises. According to relevant laws, general commercial loans refer to short-term loans with a term of no more than one year, but there are also a few medium-and long-term loans. There is no limit to the maximum amount of commercial loans.

The repayment methods of commercial loans and mortgage loans are also different. Commercial loan is the way for buyers to borrow money from banks. Generally speaking, as a property buyer, you use the house you bought as collateral, sign a commercial contract with the bank, and repay the loan to the bank in time without transfer as a guarantee. This kind of loan should repay the principal and interest to the bank in accordance with the contract, and then get back the collateral "House Ownership Certificate" and "Land Use Certificate". In other words, the ownership of the house is not yours until you pay off the loan. In case of default, the bank has the right to dispose of the house. Commercial loans are usually short-term and usually paid off within five years. And mortgage loans are now like installment payments. You can get ownership of the house by installment. As long as you pay, the house is yours.

Personal housing commercial loans are self-operated loans issued by banks. Specifically, it refers to a natural person with full capacity for civil conduct who, when purchasing his own urban housing in this city, uses his own property house or other collateral recognized by the bank as collateral to apply for commercial housing loans from the bank. Mortgage loan is a form of commercial loan. Personal housing commercial loan is a loan that China citizens apply to the bank to buy commercial housing. According to the relevant regulations of the bank, those who meet one of the following two conditions can apply for loan types: first, residents who participate in housing savings; Second, the house seller has an agreement with the loan bank. The house seller reached an agreement with the loan bank, and the real estate guarantee enterprise provided guarantee to the bank for the residents' housing loan.

The loan for urban residents to buy ordinary housing shall be subject to the statutory loan interest rate. Many commercial banks in Beijing have such businesses, such as CCB and ABC. The procedures for applying for loans are basically the same. Commercial loans are loans used to supplement the working capital of industrial and commercial enterprises, usually short-term loans, with a general term of about 9 months and no more than one year, but there are also a few medium-and long-term loans. Such loans are the main part of commercial bank loans, generally accounting for more than one-third of the total loans.