No, the loan amount shall not be higher than a certain proportion of the lower of the actual transaction price of the property and the appraised price approved by the bank. The specific proportion is determined comprehensively by local bank branches based on national housing credit policies and the credit status of borrowers. The loan term shall not exceed 30 years, and the sum of the borrower's age shall not exceed 65 years. Article 21 of the "General Principles of Loans" The lender must be approved by the People's Bank of China to operate loan business, hold the "Financial Institution Legal Person License" or "Financial Institution Business License" issued by the People's Bank of China, and obtain approval from the industrial and commercial administration department. Approval of registration.