How old can I get a loan?
1. According to the regulations of banks on personal loans, borrowers must first have full capacity for civil conduct. In China, the age limit for housing loans is 18 years old or above, but in practice it may be 20 years old, and the actual lender's age and loan period cannot exceed 65 years old. Individual banks may be different.
2. The upper limit is generally under 55 years old. In second-hand loans, banks generally require the age of second-hand houses+the age of borrowers, which cannot exceed 65 years old.
3. Banks have different age requirements for borrowers.
Banks require male borrowers to be under 65 years old.
What are the application conditions for housing loan?
1. The lender has stable professional and economic income, good credit and the ability to repay the principal and interest of the loan.
2. The town where the house purchased by the Lender is located (including urban area, county town and big market town) shall, in principle, be the Lender's current residence or the place where he works and operates.
3. The lender has signed a commercial housing sales contract, and paid the down payment of the house stipulated by the bank according to his personal credit situation, and paid at least 30% of the purchase price.
4. The Lender agrees to go through the mortgage registration procedures for pre-purchased commercial housing first, and promises to go through the mortgage registration procedures again with the house and residence it purchased as the mortgage before the completion of the purchased commercial housing and after obtaining the real estate license.
5. The loan amount is determined according to the lender's credit status, occupation, education, repayment ability and the liquidity of the purchased house.