Article 2 Real estate loans must meet the following conditions:
1. The houses used for secondary mortgage should be houses with large market development and commercial houses;
2. The house used for personal housing in the second mortgage must be an existing house;
3. The house is a first-hand house purchased with a mortgage loan from China Bank;
4. The mortgage registration of the house has been completed and the mortgage bank is the mortgagee of the house;
5. The house has been insured, and the original policy is managed by China Bank;
6. The house has a superior location, convenient transportation and complete facilities.
7. The borrower is a natural person aged 18 and under 65 with full capacity for civil conduct.
8. The mortgaged property has no bad creditor-debtor relationship.
Materials required:
1. ID card, household registration book and marriage certificate of the principal borrower (if married, ID card, household registration book and marriage certificate of both husband and wife are required; Divorce, divorce certificate, divorce agreement or court judgment are required).
2. Proof of property right, proof of income (banks have a fixed format, which varies from bank to bank), bank card or passbook, and other assets under the name of the main lender.
Loan limit:
1, loan amount = house value * mortgage rate-original loan principal balance.
2. The value of the house is compared with the original purchase price of the house and the evaluation price at the time of secondary mortgage, whichever is lower. The mortgage rate of secondary loans with housing mortgage shall not exceed 70%; The mortgage rate of secondary loans for commercial housing mortgage shall not exceed 50%.
Loan term:
The term of the second mortgage is determined according to the specific purpose of the loan. Personal consumption loans shall not exceed 5 years, personal business loans shall not exceed 3 years, and the maturity date of loans shall not exceed the maturity date of the first mortgage loan.
Loan interest rate:
The interest rate of commercial loans of the same grade stipulated by the People's Bank of China shall be implemented. Foreign currency loans are subject to the same level foreign exchange loan interest rate stipulated by China Bank. If the loan term is less than one year, in case of legal interest rate adjustment, interest will be calculated at the original contract interest rate; If the loan term is more than one year, if the legal interest rate is adjusted, the new interest rate will be implemented on June 65438+ 10/the following year.