How many years can a store loan last?

The price of a store is much higher than that of ordinary housing, which is unaffordable for ordinary working families. Therefore, some people choose loans when buying a store. So how many years can a store loan last? Let's take a look at it with Xiaobian.

1. How many years can a retail house loan last

A retail house loan can last for 1 years at most, and the loan amount cannot exceed 5% of the store house price. The lender must repay the loan on a monthly basis. The repayment methods include equal principal and interest and average capital, and the lender can choose according to its own economic conditions. Secondly, the lender can also choose to repay in full or in advance according to the operating conditions.

2. How to handle the store loan

1. Choose real estate

If you want to buy a store loan, you must first know whether this store can borrow money, for example, you can find out through advertisements or sales staff to ensure that the store can borrow money before you can buy it.

2. Apply for a mortgage loan

After the buyer confirms that the store can get a loan, he/she will apply for a loan from the designated bank, and ask the staff what materials are needed for the loan, and prepare the materials and relevant legal documents.

3. Sign a house purchase contract

After the loan bank receives the loan application, it will apply for the submitted materials. If it meets the loan conditions, it will send the lender a notice and a letter of commitment agreeing to the loan, and both parties will sign the Commercial Housing Pre-sale and Sales Contract.

4. Signing a real estate mortgage contract

After both parties sign a house purchase contract and obtain the proof of payment, they sign a real estate mortgage loan contract with the bank and the developer, paying special attention to the loan amount, repayment method and other rights and obligations.

5. Handling mortgage registration and insurance

Lenders, loan banks and developers provide the Property Mortgage Loan Contract and the house purchase contract to the local real estate bureau for mortgage procedures.

6. Open a special repayment account

According to the contract, open a special repayment account in a financial institution designated by the bank, and sign a power of attorney at the same time, so that the lender can repay the loan on time.

Editor's summary: The above is the relevant explanation about how many years the store house loan can last, hoping to bring help to our friends.

what materials do you need for a store loan?

The process of the store loan is as follows: 1. The facade can be mortgaged, and the following materials need to be submitted: ID card (marriage, both husband and wife), marriage certificate (marriage: marriage certificate; Unmarried: no marriage registration record; Divorce: divorce certificate and no marriage registration record), household registration book, income certificate (provided by individuals: business license and tax payment invoice and the bank's capital flow for three consecutive months), original property certificate, and loan amount. The bank will send a special evaluation company to evaluate and calculate the specific amount of the loan according to the furniture and traffic conditions of your store. Third, the repayment period can be determined according to your income level. It can be paid off in 1 years at the longest, with the monthly principal and interest paid together, or in one year, with the monthly interest paid and the full principal paid at the end of one year. There are many repayment methods, depending on different regulations of different banks and different interest rates.

how to get a loan for buying a shop

1. You need to open a current deposit account in the bank's business organization, fill out the loan application form as required, and submit the application form and the required materials according to the instructions of the bank.

2. The bank manager or the appointed lawyer will pay a home visit to the borrower to investigate the authenticity, legality and completeness of the information provided by the borrower.

3. After the approval of the bank, notify the approval result and sign a loan contract. Handle insurance, mortgage registration, notarization and other procedures as appropriate.

fourth, the bank will directly transfer the loan to the account agreed in the contract, and then the borrower needs to repay the principal and interest according to the provisions of the loan contract.

5. If the property for which the shop loan is purchased is for business operation, you need to prepare the borrower's ID card, household registration book, proof of marital status, original and photocopy of the real estate license, bank flow, proof of large assets, etc. A copy of the company's business license shall be stamped with the official seal, the articles of association, the company's financial statements for the last 1-3 years, the bank flow of the enterprise, and the certification materials for the enterprise's operation or financing purposes.

what is the loan process for buying a shop?

first, you need to open a current deposit account in the bank's business organization;

2. Please fill in the loan application form as required, and submit the application form and required materials according to the instructions of the bank;

3. A bank manager or an appointed lawyer will visit you at home to investigate the authenticity, legality and completeness of the information you provide;

4. After the approval of the bank, I will inform you of the approval result and sign a loan contract with you;

v, handle insurance, mortgage registration, notarization and other procedures as appropriate;

VI. CITIC Industrial Bank will directly transfer the loan to the account agreed in the contract;

7. Please repay the principal and interest as stipulated in the loan contract.

VIII. If the real estate for which the shop loan is purchased is for business operation, materials shall be prepared: borrower's ID card, household registration book, proof of marital status, original and photocopy of real estate license, bank flow, proof of large assets, etc. A copy of the company's business license shall be stamped with the official seal, the articles of association, the company's financial statements for the last 1-3 years, the bank flow of the enterprise, and the certification materials for the enterprise's operation or financing purposes.

quota: for business purposes, you can generally apply for up to 7% of the real estate assessment value.

interest rate: the interest rate will rise by more than 2% on the benchmark interest rate depending on the bank policy and the qualifications of borrowers.

years: generally less than five years.

Who can tell me if the storefront can be mortgaged?

The storefront can be used as a mortgage loan. At the same time, because facade houses often have high value, the funds available for mortgage borrowers with facade houses are still relatively high. However, not everyone can use the facade house as a mortgage loan, and certain conditions need to be met to use the facade house as a mortgage loan. Including:

1. The borrower has stable income and good credit;

2. Have the property certificate of the facade house;

3. The facade house is not very old and has a good geographical location, which has discounted value;

4. The facade house has a mortgage line.

after meeting the above conditions and other conditions stipulated by local lending institutions, the borrower can apply for a loan.

The simple and popular understanding of loan (electronic IOU credit loan) is to borrow money with interest.

loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Loans in a broad sense refer to loans, discounts, overdrafts and other lending funds. Banks put the concentrated money and monetary funds out through loans, which can meet the needs of society to expand reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation. Loan (electronic IOU credit loan) is simply understood as borrowing money with interest. A form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Loans in a broad sense refer to loans, discounts, overdrafts and other lending funds. Banks put the concentrated money and monetary funds out through loans, which can meet the needs of society to expand reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation. The "three principles" refer to safety, liquidity and efficiency, which are the fundamental principles of commercial banks' loan operation. Article 4 of the Law of the People's Republic of China on Commercial Banks stipulates: "Commercial banks shall operate independently, bear their own risks, be responsible for their own profits and losses and be self-disciplined, taking safety, liquidity and efficiency as their operating principles."

1. Loan security is the primary problem faced by commercial banks;

2. Liquidity refers to the ability to recover loans within a predetermined period or realize them quickly without loss, so as to meet the needs of customers to withdraw deposits at any time;

3. Efficiency is the basis for the sustainable operation of banks.

For example, if a long-term loan is issued, the interest rate is higher than that of a short-term loan, and the benefit is good, but if the loan term is long, the risk will increase, the security will decrease and the liquidity will become weak. Therefore, the "three natures" should be harmonious, and the loan can not be a problem.

Can I get a loan to buy a store?

With the continuous development of the real estate market, more and more investors are turning to the store. Then the question is, can I get a loan to buy a store? What conditions and information do you need for a store loan? Let me give you a brief introduction.

Can I get a loan for buying a store?

You can get a loan for buying a store. However, stores are commercial, and the current policy is that the maximum loan for commercial houses can only be 5%, that is, the down payment needs 5%. For example, if the store price is 1 million yuan, then a down payment of 5, yuan and a loan of 5, yuan are required.

Requirements of the applicant for the store housing loan:

① Have a legal and valid residence status;

② There is a contract or agreement for the purchase of commercial premises;

③ Having a stable occupation and income, good credit and the ability to repay the principal and interest of the loan on schedule;

④ there is a down payment of not less than 5% of the total price of the purchased store;

⑤ Agree to use the purchased shops as collateral or provide assets recognized by the lending bank as collateral or pledge, or have units or individuals with guarantee qualification and sufficient compensation capacity as guarantors to repay the loan principal and interest and bear joint and several liabilities.

term of store house loan:

generally, the longest term of mortgage loan for shops is 1 years.

Application materials for store housing loan

① The borrower's ID card (household registration book) or other valid residence documents, and the married person must also submit proof of personal marital status;

② The loan applicant fills in the Commercial Housing Loan Application (Approval) Form;

③ down payment voucher;

④ the contract or agreement for purchasing the store;

⑤ proof of the borrower's family property and income;

⑥ identification of the borrower;

⑦ other information required by the bank.

What is the loan process of the store

1. Sign a sales contract with the landlord;

2. Find an appraisal company to appraise the property;

3. Go to the bank to make a down payment and apply for a loan;

4. The bank approves the loan;

5. After approval, the buyer and the seller go to the exchange to transfer the real estate license;

6. The bank lends money to the seller.

editor's summary: after reading the above introduction, I believe everyone has a further understanding of whether it is possible to buy a store house with a loan. For more information, please continue to pay attention to our website, and more exciting content will be presented to you later.