Personal loan conditions:
1, natural person aged 18-60 (Hong Kong, Macao and Taiwan and foreigners are also allowed);
2. Have the ability to stabilize employment, income and repay the loan principal and interest on schedule;
3. The borrower's actual age plus the loan application period shall not exceed 70 years old;
4. Information to be provided by the borrower
(1) ID card, household registration book/temporary residence permit, and household registration book for foreigners;
(2) Two copies of marriage certificate/divorce certificate or court judgment/single certificate;
(3) proof of income (in the format stipulated by the bank);
(4) A copy of the business license of the unit (with official seal);
(5) Credit certificate: including education certificate, other real estate, bank running water, large deposit certificate, etc.
What are the precautions for loans?
1. Apply for the loan amount according to your own ability.
When applying for personal housing loans, borrowers should make correct judgments on their current economic strength and repayment ability, and at the same time make correct and objective predictions on their future income and expenditure.
2. Choose the repayment method that suits you best.
At present, there are basically two ways to repay personal housing loans: one is equal repayment, and the other is equal principal repayment. The advantage of equal repayment method is that the borrower can accurately grasp the monthly repayment amount and arrange the family's income and expenditure in a planned way. Average capital's repayment method is more suitable for individuals who have strong repayment ability and want to repay a large amount of funds at the initial stage of repayment to reduce interest expenses.
3. The information provided to the bank should be true.
To apply for commercial personal housing loans, banks generally require borrowers to provide proof of economic income. For individuals, the true personal occupation, position and recent economic income should be provided. Because if your income doesn't reach a certain level and you don't have enough ability to repay the loan, but you exaggerate your income level, you may default at the initial stage of repayment, and it is confirmed by the bank investigation that you have provided false certificates, which will greatly reduce the bank's trust in you and thus affect your loan application.
4. Tax refund should be considered when determining the property owner.
According to the relevant regulations of Shanghai, individuals who purchase commercial housing after June 1998 1 can enjoy personal income tax deduction. Since the object of deduction is only the property owner listed in the real estate license, it is necessary to carefully determine the property owner (purchaser) of the house purchased for each family.
5. Repay on time every month to avoid penalty interest.
For borrowers, before the agreed repayment date every month, they should pay attention to whether there are enough funds in their repayment accounts to avoid being punished by the bank for their negligence, and never lose money because of their negligence, and at the same time leave a bad credit record in the bank.