Because the nature of rural homestead belongs to collective ownership, rural housing cannot be mortgaged by auction, so rural real estate license does not allow loans.

The conditions for buying a house by loan are as follows:

1. Buying a house with a loan requires a local permanent residence or a valid resident ID card;

2. Buying a house with a loan requires a stable occupation and income;

3. Buying a house with a loan requires good credit and the ability to repay the principal and interest of the loan on time;

4. If the loan to buy a house requires the assets recognized by the lender as collateral or pledge, or the borrower fails to provide the mortgaged (pledged) things in full, the unit or individual recognized by the lender, which meets the prescribed conditions and has sufficient compensatory capacity will serve as the guarantor, repay the principal and interest of the loan and bear joint and several liabilities;

5. Buying a house by loan requires a house purchase contract or agreement or relevant approval documents;

6. The price of the house purchased by the loan basically conforms to the appraisal value of the lender or its designated real estate appraisal institution;

7. If you don't enjoy the loan subsidy for house purchase, a down payment of not less than 20% of the total house price will be made in cash. Enjoy housing subsidies, with 20% of personal deposits or cash as the down payment;

8. Buying a house with a loan requires other conditions stipulated by the loan bank.

legal ground

Interim Measures for the Administration of Personal Loans

Article 11 An individual loan application shall meet the following conditions:

(1) The borrower is a People's Republic of China (PRC) citizen with full capacity for civil conduct or an overseas natural person who meets the relevant provisions of the state;

(2) The purpose of the loan is clear and legal;

(3) The amount, duration and currency of the loan application are reasonable;

(4) The borrower has the willingness and ability to repay;

(5) The borrower's credit status is good and there is no significant bad credit record;

(6) Other conditions required by the lender. Article 29 The lender shall manage and control the payment of loan funds by means of entrusted payment by the lender or independent payment by the borrower according to the loan contract.

Entrusted payment by the lender means that the lender pays the loan funds to the borrower's transaction object that meets the purpose agreed in this contract according to the borrower's withdrawal application and payment entrustment.

The borrower's independent payment means that the lender directly pays the loan funds to the borrower's account according to the borrower's withdrawal application, and the borrower independently pays the borrower's transaction object that meets the purpose agreed in the contract.