First, how to borrow a decoration loan-loan conditions:
1, with urban permanent residence or valid residence status.
2. There is a property certificate or proof that the borrower has the right to use the house issued by the house property unit; If the property right of the house you want to decorate is your own, you must have a property certificate. If it is a unit house, you need to prove that you have the right to use it.
3 have a stable occupation and income, good credit, and the ability to repay the principal and interest of the loan on time.
Second, how to borrow decoration loans-loan types
1, apply for personal credit loan decoration.
Credit loans are unsecured and unsecured, but more than half of the credit loan products in the market have high requirements for consumers, or the threshold for asset certification is high, or people in specific industries, VIP customers and senior management of the company can apply. Be sure to strictly examine the details of the applicant's job nature, industry, income and so on. How to borrow a decoration loan? Consumers will favor personal credit loan products of banks such as Bank of Ningbo, Bohai Bank, Standard Chartered Bank and Citibank. The credit loan amount of these banks is generally 5-8 times the monthly income, and of course the interest rate will be higher.
2. Personal consumption loan decoration loan
Consumer loans here refer to mortgage loans with certificates, that is, consumer loans with real estate as collateral. As many banks are engaged in this business, consumers have a relatively large choice. However, banks have different requirements for mortgaged real estate in terms of house price, house age and real estate area. Consumers must do their homework before applying. If an individual owns one or more properties, he can try to apply, not only to get more loans, but also to have a longer term. However, the specific loan amount depends on the bank's review of consumers' personal qualifications and real estate status (geographical location, house price, real estate area and house age).
3. Credit card home improvement installment payment
In order to better meet the needs of consumers for home improvement by stages, some banks have launched credit card home improvement by stages, targeting people who live in large and medium-sized cities, just bought new houses, have no money to decorate and have good credit records. The upper limit of the general quota is 6.5438+10,000-200,000, and the maximum installment quota of a single product is 500,000. However, it should be noted that the applicants should be civil servants, teachers, full-time employees of banks, and middle and senior managers of companies with registered capital of more than 30 million. The general stage of home improvement is 12 months, 24 months, and the longest is 36 months. For the list of domestic banks that can apply for home improvement by stages, please check the personal loan product selection of Easy Loan China in 2009.
Applying for credit card installment home improvement will also be subject to certain restrictions, that is, the services and products selected by consumers must be cooperative merchants of banks. If the selected merchants are not among the cooperative merchants of home improvement staging, they cannot apply for staging. With prerequisites, what other conditions do applicants need? Real estate! As a mortgage guarantee, buyers need to provide real estate licenses or real estate sales or pre-sale contracts, purchase invoices, bank loan contracts, etc.
Consumers must be clear about the provisions of bank home improvement by stages, such as credit limit and consumption limit, repayment problem, liquidated damages and other issues. Once you have handled the credit card home improvement stage, you should also pay attention to product quality and after-sales service. After all, once the money is given, it is easy to solve the quality problems in the decoration process in time.
4. Loans from consumer finance companies
In addition to traditional bank loans, loans from consumer finance companies are also one of the options. Consumer finance companies provide personalized financial products for customers such as commercial banks and credit cards. In fact, this kind of consumer credit has existed in foreign market economy for more than 400 years, and the relevant laws and regulations on consumer credit have been quite perfect. Different credit has different targeted laws to regulate it. However, China's consumer credit laws are not perfect and the market maturity needs to be improved. After being transplanted from abroad to China, consumer finance companies need to continue to explore ways in concrete practice.
Through the above introduction, I believe everyone has a certain understanding of how to borrow decoration loans. Decoration loan is a common thing around us. We must understand the relevant knowledge and lay the foundation for the future. Want to know how to borrow more decoration information from the decoration loan, please continue to pay attention!