Buying a house with a single loan requires the following conditions:

1. Having a permanent residence in the town or a valid residence status;

2. Have a stable occupation and income, good credit and the ability to repay the loan principal and interest;

3. Have a contract or agreement to purchase a house;

4. If there is no housing subsidy, not less than 3% of the total price of the purchased house shall be used as the down payment; If there is housing subsidy, 3% of the individual's commitment will be the down payment of the house purchase;

5. There are assets recognized by the lender as collateral or pledge, or units or individuals with sufficient compensatory capacity as guarantors;

6. Other conditions stipulated by the lender.

The following formalities are required when making a loan:

1. Identity documents (referring to resident identity cards, household registration books and other valid residence certificates);

2. Proof of the stable economic income of the borrower's family;

3. Letter of intent, agreement or other approval documents of the housing purchase contract that meet the requirements;

4. List of collateral or pledge, ownership certificate and certificate that the person with the right to dispose agrees to mortgage or pledge; Certificate of collateral valuation issued by the competent department; The Guarantor agrees to provide written documents of guarantee and credit certificate of the Guarantor;

5. To apply for housing provident fund loans, a certificate issued by the housing provident fund management department is required;

6. Other documents or materials required by the lender.

Extended information:

Article 11 of the Measures for the Administration of Personal Housing Loans, the borrower shall make a repayment plan with the loan bank. If the loan term is less than one year (including one year), the principal and interest shall be repaid once at maturity, and the interest shall be paid off with the principal; If the loan term is more than one year, the principal and interest of the loan will be repaid monthly.

Article 12 The interest rate of individual housing loans issued with credit funds shall be reduced according to the statutory loan interest rate (excluding floating). That is, if the loan term is less than one year (including one year), the legal loan interest rate for less than half a year (including half a year) shall be implemented; If the term is 1 to 3 years (including 3 years), the legal loan interest rate of 6 months to 1 year (including 1 year) shall be implemented;

if the term is 3 to 5 years (including 5 years), the legal loan interest rate for 1 to 3 years (including 3 years) shall be implemented; If the term is 5 to 1 years (including 1 years), the legal loan interest rate will be implemented for 3 to 5 years (including 5 years); If the term is more than 1 years, it will rise appropriately on the basis of the legal loan interest rate for 3 to 5 years (including 5 years), and the maximum floating rate shall not exceed 5%.

People's Republic of China and Ministry of Housing and Urban-Rural Development-Notice on Promulgating the Measures for the Administration of Individual Housing Loans