a personal first hand housing loans
First-hand housing loans refer to loans issued by the Agricultural Bank to borrowers for the purchase of first-time housing (that is, housing sold to individuals after development and construction by real estate developers or other qualified developers).
What are the requirements for applying for a personal first-hand housing loan?
* Have full capacity for civil conduct and legal and valid status;
* have the ability to repay the loan principal and interest;
* Good credit status, no record of loans overdue for more than 90 consecutive days (if there are such records, the original proof that all loans have been settled must be provided), and there is no overdue loan principal and interest when applying for loans;
* There is a legal and valid purchase contract or agreement, and the purpose of the purchased house is to live;
* There is a down payment certificate of not less than the minimum required proportion;
* Agree to use the purchased house as collateral or provide other guarantee methods recognized by the Agricultural Bank;
* Other conditions stipulated by the Agricultural Bank.
Information required to apply for individual housing loan.
:: Identity documents;
* proof of marital status;
* proof of repayment ability;
* documents proving that the down payment for house purchase has been paid;
* A legally binding commercial housing sales contract signed with a real estate developer;
* * * and the borrower or the owner of * * *, the borrower or the owner of * * * must provide relevant identity documents and a letter of commitment to agree to mortgage, and the borrower must also provide proof of repayment ability;
* Other information required by the Agricultural Bank.
Loan amount * If the construction area is more than 90 square meters, the maximum loan amount is 70% of the transaction price of the purchased house;
* If the building area is 90 square meters or less, the maximum loan amount is 80% of the transaction price of the purchased house.
Loan Term * The longest loan term shall not exceed 30 years.
* The loan interest rate that the sum of the borrower's age and the loan term does not exceed 70 years at the longest * The housing loan interest rate shall be implemented according to the loan interest rate of the same grade in the same period stipulated by the People's Bank of China;
* There are three ways to determine the interest rate: floating interest rate, fixed interest rate and mixed interest rate;
* At present, the most favorable interest rate is 0.85 times of the corresponding term and grade interest rate. * Equal principal and interest method/average capital method.
* Equal ratio increasing method/equal ratio decreasing method * Equal ratio increasing method/equal ratio decreasing method