The mortgage borrower must meet the following conditions at the same time:

Have a legal status;

Have a stable economic income, good credit and the ability to repay the principal and interest of loans;

There are legal and effective contracts and agreements for the purchase and overhaul of housing and other supporting documents required by the loan bank;

Having self-raised funds of more than 20% of the total price of the purchased (overhauled) house, and guaranteeing to pay the down payment of the purchased (overhauled) house;

Having the assets mortgaged or pledged by the loan bank, or (and) a legal person, other economic organization or natural person with sufficient compensation capacity as the guarantor;

Other conditions stipulated by the lending bank.