Loan is one of the most important aspects of buying a house. After you are qualified to buy a house, if you need a loan to buy a house, the bank will review whether you qualify for the loan. Simply put, if you are qualified to buy a house, you may not be qualified for a loan; but if you are not qualified to buy a house, you will definitely not be able to get a loan.

At present, Wuhan has canceled the property market purchase restrictions, so everyone is eligible to buy a house in Wuhan; but generally speaking, the salary must be at least twice the monthly repayment, and one must have good personal credit , such as no overdue credit card loans, etc., the bank will approve your loan.

Currently, when applying for a loan to buy a house in Wuhan, banks will conduct the following reviews on the applicant:

(1) Commercial loan

1. Applicant’s qualifications for house purchase Investigation:

Applicant’s ID card;

Household register and proof of marital status;

How many houses are owned by family members;

2. Applicant’s loan qualification review:

Applicant’s personal credit;

Mortgage record;

Salary certificate and bank statement;

(2) Application conditions for provident fund loans or combination loans

1. The provident fund account has been opened in Wuhan for more than 6 months, and the account status is normal;

2. From the date of application for public loans In the first 6 months, the provident fund has been paid in full and on a regular basis, and supplementary payments are not counted;

3. The provident fund account has a payment balance of 6 months or more.

(The above answer was published on 2015-10-14, please refer to the actual relevant current house purchase policies)

To buy a new house, go to Sohu Focus.