Personal housing loan refers to the loan issued by the bank to the borrower for the purchase of ordinary housing for personal use. The borrower must provide a guarantee when applying for a personal housing loan. At present, individual housing loans mainly include entrusted loans, self-operated loans and portfolio loans.

Personal housing portfolio loan

It refers to the loan issued to the same borrower from the housing provident fund deposit and credit funds for the purchase of self-occupied ordinary housing. It is a combination of individual housing entrusted loans and white camp loans. In addition, there are housing savings loans and mortgage loans.

(2) Entrusted loans for individual housing

Refers to the loan that the bank entrusts the housing provident fund management department to use the housing provident fund deposit as the source of funds to purchase ordinary housing according to the requirements of the Regulations, also known as the provident fund loan.

(3) Personal housing loans

It is a loan issued to individual buyers with bank credit funds as the source. Also known as commercial personal housing loans, the loan names of banks are different. China Construction Bank is called individual housing loan, and Industrial and Commercial Bank and Agricultural Bank are called individual housing guarantee loan.

Second, what conditions do you need to borrow money from the bank to buy a house?

1. Agree to use the purchased house as mortgage guarantee.

2. The borrower's age plus the loan period shall not exceed 65 for men and 60 for women.

3. Have full capacity for civil conduct; Have permanent residency or valid residence status in China.

You must pay a down payment of not less than a certain percentage of the total price of the house you buy.

5. Have stable professional and economic income, good credit and the ability to repay the principal and interest of the loan.

6, has signed a contract or agreement to buy housing.