What are the conditions for commercial housing loans?
Banks applying for individual housing loans must meet the following conditions:
1, with legal residence status; To apply for a policy-based personal housing loan, you should have a local permanent residence;
2. Have a stable occupation and income;
3, have the ability to repay the loan principal and interest on schedule;
4. There is an asset mortgage or pledge recognized by the loan bank, or (and) there is a guarantor who meets the prescribed conditions as its guarantee.
5, there is a contract or agreement to buy housing;
6. When applying for a loan, there is a deposit of not less than 30% of the funds required for the purchase of housing in the Construction Bank. If applying for a policy-based personal housing loan, the housing provident fund shall be deposited in the Construction Bank according to regulations;
7. Other conditions stipulated by the lending bank.
Problems needing attention in commercial housing
1, loan interest rate floating range
The fluctuation range of loan interest rate is related to how much interest the borrower has to pay during the loan period, so we should pay more attention to it. If the fluctuation of loan interest rate is relatively small, the pressure on buyers will be relatively small, and if the fluctuation is relatively large, the pressure will also increase. Borrowers can analyze the floating range of loan interest rates of various banks for reference before applying.
2. Adjustment frequency of loan interest rate
At present, most banks agree that if the benchmark interest rate of the People's Bank of China is adjusted, banks will adjust the loan interest rate accordingly on June 65438+ 10/the following year. In addition, a few banks allow customers to float according to the loan date, that is, when the benchmark interest rate of the People's Bank of China is adjusted, the loan interest rate will be adjusted every 1 year. Generally speaking, the longer the period of interest rate adjustment, the better for borrowers.
3. The cost of handling the loan.
When handling commercial loans, there are generally fees such as notarization fees for loan contracts, insurance premiums, mortgage registration fees, loan contract fees, evaluation fees, etc., and the total amount may reach several thousand yuan, which borrowers cannot ignore. At present, some banks are partially or completely exempted from the above fees, which is also the reason why borrowers choose after comparison.
4. Loan cost
At present, the loan interest rates of various banks are similar. In the same loan period, the loan cost is mainly reflected in the bank's regulations on early repayment and adjustment of repayment plan. Therefore, it is suggested that the borrower choose a bank that repays the loan in advance without penalty, has a low repayment starting point and can adjust the repayment plan.