2017 Beijing Mortgage Loan Conditions You must know these conditions and procedures

Many young people in Beijing will choose to purchase personal housing through mortgage loans. This mortgage loan method can also cost With a small amount of money, you can buy a home that belongs to your family. Of course, some people are worried about what conditions are needed to get a mortgage loan to buy a house. Are there any processes that cannot be avoided? Let’s take a look at the conditions required for mortgage loans in Beijing in 2017 that everyone is concerned about.

What are the requirements for a mortgage loan:

1. A natural person who is over 18 years old and has full capacity for civil conduct and the ability to bear full civil liability, and has a permanent residence as an urban resident or is legally valid Proof of residence status;

2. Pay the first installment of the house purchase;

3. Have stable legal income and the ability to repay the loan and interest;

4. . When applying, the home buyer must have own funds of no less than 20% of the purchase price;

5. The borrower agrees to use the purchased house and its equity as collateral;

6. The property rights of the second-hand houses purchased are clear and meet the conditions stipulated by the government for entering the real estate market;

7. The houses purchased are not within the scope of the announcement;

8. The lending bank requires Other conditions.

What are the procedures for a mortgage loan:

1. Application:

The mortgage lender must bring the following supporting documents to the mortgage loan agency to fill out the application form: Valid Identity document, marriage status certificate, pledge, mortgage certification documents, and guarantee certification documents provided by the guarantor.

2. Bank loan review:

The bank investigates the borrower's guarantee, credit, etc., conducts approval according to procedures, and notifies the borrower of the approval results.

3. Signing:

After the borrower's application is approved, go through the procedures, sign a loan contract and corresponding guarantee contract with the bank, and handle notarization, insurance, mortgage (pledge) Registration and other procedures.

4. Loan disbursement:

After the borrower completes the relevant procedures, China Merchants Bank will issue the loan to the borrower’s personal account and transfer the loan to the relevant income according to the borrower’s entrustment. Payee account.

5. Investigation and review:

After investigation, review, and approval, the loan contract is signed. After the loan bank agent completes the registration and notarization procedures, the money will be deposited into the house seller's account ( The insurance adopts the principle of customer voluntariness), and the customer is notified to obtain the contract and go to the house seller to complete the house purchase procedures.

6. The loan bank acts as an agent to pay various materials:

The loan bank acts as an agent to pay the deed tax, receive the deed certificate, complete the real estate title certificate and housing mortgage registration procedures, and the fees are strictly handled according to the relevant regulations The charging standards of the agency are implemented and no agency fees are charged. The borrower must provide all materials required to handle the above procedures. After the loan is repaid, the lending bank cancels the collateral and returns it to the customer.

Summary: In summary, many borrowers are not familiar with the conditions of mortgage loans, but through the above introduction, they should have a certain understanding. In 2017, mortgage loan conditions in Beijing are constantly improving and reforming. If you need a mortgage loan, you must go to the local bank to find out.

The amount of housing provident fund deposits that can be borrowed in Beijing in 2017 is 120

On December 31, 2014, the Beijing Housing Provident Fund Management Center issued the "Notice on Adjusting the Housing Provident Fund Personal Housing Loan Policy": Since 2015 Starting from January 1, 2020, for borrowers who purchase policy housing or their first self-occupied housing with a construction area of ??less than 90 square meters (inclusive), the maximum personal loan amount will be adjusted to 1.2 million yuan. In addition, the housing provident fund payment records in other places are identified.

Housing provident fund personal loans (hereinafter referred to as loans) give priority to the needs of purchasing a first home for self-occupation. Borrowing applicants purchase policy housing or a first home with a building area of ??less than 90 square meters (inclusive) For self-occupied housing, the maximum amount of housing provident fund personal loans is adjusted to 1.2 million yuan. For purchases of other types of housing, the maximum loan amount remains unchanged.

Data source: WeChat public account - Provident Fund Master.

Example 1: The deposit-paying employees Xiao Zhang and Xiao Wang are husband and wife. They have no housing records, no personal housing loan records, and no housing provident fund purchase withdrawal records. They purchased a commercial house with a construction area of ??80 square meters. The unit price of the house 30,000 yuan/square meter, and the total house price is 2.4 million yuan. At present, the annual interest rate for the 30-year loan period is 4.25%, the basic living expenses standard is not less than 1,092 yuan per month, and the housing provident fund payment ratio is 12%. On the premise that both husband and wife meet the loan conditions, the monthly payment and deposit amount of the housing provident fund for each individual As long as the sum of the parts is more than 971 yuan, you can apply for a loan of 1.2 million yuan.

Example 2: Xiao Li, a deposit-paying employee, is unmarried. He has no housing record, no personal housing loan record, and no housing provident fund withdrawal record. He purchased a commercial house with a construction area of ????60 square meters, and the unit price of the house is 30,000 yuan/ square meters, and the total price of the house is 1.8 million yuan. If you meet the loan conditions in the above example, you can apply for a loan of 1.2 million yuan as long as the personal part of your housing provident fund monthly payment is more than 840 yuan.

What is the loan policy for buying a house in Beijing with non-local household registration in 2017?

Buying a house in another place means that the home buyer’s household registration location and the location of the house to be purchased are not in the same province.

The required procedures for buying a house in another place are as follows:

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When purchasing a house in a different place and applying for a mortgage, you need to provide a local tax certificate or social insurance payment certificate for more than one year. If If non-local residents who cannot provide proof of local tax payment or social insurance payment for more than one year apply for a housing loan, the lender will follow the second (and above) set of differentiated housing credit policies, that is, the down payment and loan interest rate may increase;

There are many types of loans to buy a house, including provident fund loans and commercial loans. If you want a provident fund loan, before you take out the loan, you first need to know how much money you have in your provident fund account and how much your employer will give you every month. You can only get a loan if you know your situation. If it's a business loan, you need to measure your financial affordability.

The procedures and procedures for approval vary from bank to bank, but they generally require the lender to provide: household registration certificate provided by the public security authority in the place of residence, work certificate issued by the unit where the applicant is located, income certificate, and local temporary residence permit. Please specify the local fixed contact address and contact information. The bank will check the borrower’s credit record, etc.;

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That’s it for the introduction to housing loans in Beijing in 2017.