If you apply for personal first-hand housing loan business with Bank of China, the borrower should meet the following conditions:

1) Have a permanent residence or valid residence status in China (foreigners can also To apply, please refer to the relevant regulations of various places for specific conditions;

2) Have a stable career and economic income, good credit, and the ability to repay the principal and interest of the loan;

3) Have signed a contract to purchase a house contract or agreement. When purchasing an off-plan house (the main structure of a multi-storey residential building must be capped, and high-rise residential buildings must complete two-thirds of the total investment) or a house whose title has not been confirmed, complete building construction and sales certification documents must be provided;

4) The down payment for the purchased house must be paid in compliance with relevant regulations;

5) Provide an effective guarantee approved by the lender;

6) Other conditions stipulated by the lender.

Because there are certain differences in various regions, please consult the local agency when applying for a loan.

The above content is for your reference, please refer to actual business regulations.

If you have any questions, please feel free to consult Bank of China’s online customer service.

You are sincerely invited to download and use Bank of China Mobile Banking APP or Bank of China Cross-border GO APP to handle related businesses.