In the past few days, "the age limit of mortgage can be extended to 80 years old" continues to ferment. After Nanning, Hangzhou, Ningbo and other places have become the protagonists of the loosening of mortgage policy. Among them, two city commercial banks in Hangzhou extended the loan age to 75, and two banks in Ningbo raised the mortgage age to 80.

Recently, it was reported that some banks in Beijing relaxed the age limit for mortgage loans. On February 15, the Beijing News Shell Finance reporter interviewed a number of banks in Beijing and learned that banks have different regulations on the age limit for loans. Most banks indicated that they had not received any notice of adjustment. However, 70 years old is not the "red line" of all banks.

A related person from CITIC Bank Beijing Branch told the Beijing News Shell Finance reporter that the sum of the borrower's age and credit period under the bank's housing mortgage loan should not exceed 80 years at the longest. A branch of the Bank of Communications said that the current maximum mortgage age can reach 95, but it needs children's guarantee, and the borrower's pension and guarantor's monthly income can cover twice the monthly payment.

Many banks have not adjusted their policies, and some banks claim that they can lend conditionally until they are 95 years old.

"Our bank can lend for as long as 70 years." The staff of a branch of Bank of Beijing said that the bank's policy is that the borrower's age plus the loan period should not exceed 70 years old, and it has not received any notice from the higher bank recently.

Shell Finance reporter learned from relevant persons of China Construction Bank Beijing Branch that the bank has not yet received the notice of relevant policy changes. The account manager of a branch of China Construction Bank told Shell Finance that the bank's loan age requirement is that men should not exceed 65 years old and women should not exceed 60 years old. On this basis, you can apply for a loan of 10- 15 years, and the specific term should be judged according to the borrower's credit information and running water.

According to an interview with Shell Finance reporter, most banks in Beijing implement the policy of "the loan period for the purchase age" not exceeding 70 years old. However, individual banks have also relaxed the age according to the applicant's conditions.

A related person from CITIC Bank Beijing Branch told Shell Finance that the sum of the borrower's age and credit period under the bank's housing mortgage loan should not exceed 80 years at the longest. For two or more borrowers, the credit period shall be whichever is shorter.

The account manager of the personal loan center of Bank of Communications said in an interview with Shell Finance that the loan age of the bank should not exceed 65 years, and the longest loan period is 25 years, but it can only be loaned to 70 years at most. However, the account manager of another branch of Bank of Communications told reporters that the longest loan can be up to 95 years old, that is, the borrower of the bank is no more than 70 years old, and the longest loan period is 25 years. According to the account manager, this policy has not been adjusted recently.

The account manager explained that the implementation of this policy also has certain preconditions. If a 70-year-old borrower applies for a loan alone, the longest loan period is actually only five years. However, if there is a child guarantee, and the borrower's pension and guarantor meet the conditions that the monthly income can cover twice the monthly payment, the bank can appropriately relax the loan period to 25 years.

Increase the quota and reduce the pressure of monthly supply? Family "relay loan" haunts

"Generally speaking, the loan term plus the loan period cannot exceed 80 years old. Before handling the loan, we need to know the specific qualifications of the customer, and then our Commissioner will match the customer. " An intermediary handling bank loan financing business in Beijing told Shell Finance reporter that this is the content of previous training, and some policies have not been updated, and there may be some differences.

Banking industry insiders revealed to Shell Finance reporter that in actual business, all outlets are handled in combination with specific conditions such as customer qualifications.

The article of Yiju Research Institute pointed out that in the past, the age limit for mortgage loans in many cities was 70 years old. At present, Hangzhou and Nanning have mentioned the concept of 80 years old. Its popular understanding is that no matter what kind of mortgage buyers apply for, they need to pay off before the age of 80.

There is a basic logic and starting point for setting the age limit for loans, that is, natural persons are required to have full capacity for civil conduct, and the popular understanding is that property buyers will not default. In the field of mortgage, it mainly refers to adults between 18-70 years old, that is, to apply for personal mortgage loans, their age must be 18-70 years old. In practice, some cities will set it as 18-65 years old. This time, Nanning "extended the mortgage age to 80 years old", and the age of its buyers was also limited to 70 years old.

Yan Yuejin, research director of Yiju Real Estate Research Institute, said that objectively speaking, to a certain extent, such products can indeed belong to relay loans.

The so-called "relay loan" means that the borrower's relatives (parents, children and their spouses) can apply to the borrower or guarantor for a loan to buy a house under the condition that the borrower's loan period is limited or the repayment ability is limited, and the house purchased is owned by one party or all parties.

Yan Yuejin believes that "extending the mortgage period" is a policy tool in the field of mortgage. Its essence is to increase the loan period of some property buyers, thus increasing the loan amount and reducing the pressure of monthly supply. The most direct effect of "extending the mortgage age" is that middle-aged people aged 40-59 can borrow in full, especially for 30 years, which has a positive effect on releasing the just-needed and improved housing demand.

What is the loan age limit?

Nowadays, many people choose to borrow money to buy a house, but if they want to borrow money to buy a house, they must meet certain conditions and requirements and reach a certain age before they can borrow money to buy a house. What is the age limit for loans because you are too old or too young to borrow? Let's take a look with Bian Xiao.

What is the loan age limit?

1. The age limit of the loan is: the lender 18 years old or above, 60 years old for men and 55 years old for women, and it can be extended to 5 years old for cadres above the department level. All legal citizens can borrow money to buy a house. Because/kloc-minors under the age of 0/8 have no income and no fixed job, they can't apply for mortgage loans to buy a house, and the bank won't handle loans for them. Middle-aged and elderly people, who are older, are generally difficult to get mortgage loans from loan banks.

2. General banks stipulate that lenders must be 18 years old and have full capacity for civil conduct. In addition, men's loan age cannot exceed 60, and women's loan age cannot exceed 55.

3. When the lender applies for housing mortgage loan or mortgage loan, the loan term and the current age of the lender cannot exceed the age limit stipulated by the bank loan, that is, men cannot exceed 60 years old and women cannot exceed 55 years old.

4. Lending institutions have certain restrictions on the age of lenders, but different lending institutions have different requirements for age restrictions. However, compared with lending companies, lending banks will have slightly lower requirements for the age limit of lenders.

Before applying for a housing loan, the lender must clearly understand the loan requirements of the loan bank, and then make a reasonable judgment according to his actual situation, so as to find a suitable loan product.

The above is an introduction to the age limit for loans. Friends who want to borrow money to buy a house can learn more about it, then check whether they meet the requirements as required, and then go through the formalities of buying a house loan. In addition, we should make a long-term plan for buying a house with a loan to avoid causing economic pressure on ourselves in the future.

How old can I borrow money to buy a house?

There is basically no age requirement for buying a house, as long as it meets the relevant conditions. Many parents with assets will buy some properties for their minor children, but there will be age requirements if they apply for loans. So how old can they borrow money to buy a house? Let's take a look with Bian Xiao.

1. How old can I borrow money to buy a house?

The buyers who apply for a loan to buy a house must be between the ages of 18 and 65. Only people with full capacity for civil conduct are eligible to apply for loans, and the loan amount and loan period will change according to the buyers' own situation. For example, when you get older, the loan period will be shorter, the salary will be lower, and the loan amount will be less.

2. What are the application conditions for housing loan?

There are relatively few application conditions for housing loans. Basically, anyone with a fixed job can apply, because applying for a loan depends on the salary details, and only those with a stable job and a fixed income can apply. There is also an age requirement for applying for a loan, which should be between 18-65 years old. This is the normal working age, and you can't apply for a loan after retirement. To apply for a house loan, you also need relevant guarantors or collateral. Generally, the house you buy is used as collateral, and the person applying for a loan also requires good credit information.

To apply for a loan, you need to prepare relevant materials. First of all, you need to provide personal identification, preferably a valid second-generation ID card. If not, the passport is fine. Secondly, you need to provide the applicant's credit information within six months from the date of application, and the credit information must be kept good. You also need to provide the income certificate issued by the applicant's bank for half a year, as well as the purchase contract, down payment certificate and other materials.