2. The age of the lender will also affect the loan term: when applying for a mortgage, the age of the borrower is an important auditing factor. As long as the borrower reaches the age of 18, he can apply for personal housing loan, and the borrower's age plus the loan period should not exceed 70, otherwise it will not be accepted. Therefore, the younger the borrower, the longer the loan period he can apply for. If you are over 40 years old, the long-term loan period can only be less than 29 years.
3. The purchased house is too old to obtain long-term loans: the age of the house is also an important factor for the bank to determine the loan term, especially for the purchase of second-hand houses, and the bank will comprehensively calculate the loan term according to the remaining ownership time of the house.
What should I pay attention to when applying for a mortgage?
1, personal credit is very important: although there are many people who buy houses with loans now, there are not a few buyers who are refused loans by banks. Banks attach great importance to borrowers' personal credit. Banks can evaluate the repayment ability of borrowers from the personal credit information of buyers. For buyers with poor credit information, banks may reduce the loan amount or directly refuse the loan. Therefore, property buyers should check their personal credit information in advance before applying for bank loans, so as not to affect loans because of credit information problems.
2. Do a good job in evaluating the ability to buy a house: you must do what you can to buy a house, and don't let your life get into trouble for buying a house. Property buyers must make a correct judgment on their current economic strength and repayment ability before applying for a mortgage. In addition, it should be noted that banks generally require borrowers to repay less than 50% of their monthly income, and buyers can calculate the monthly repayment amount according to their monthly income. If they want to live comfortably, they'd better not exceed 30% of their monthly income.
3. Choose the right loan method: there are three main ways to buy a house by loan, namely provident fund loan, commercial loan and portfolio loan, among which commercial loan is the most widely used, but it is not the most cost-effective way. The interest rate of provident fund loans is low, and many people want to apply for provident fund loans to buy a house. However, if they want to apply for provident fund loans to buy a house, it is best for buyers to know clearly with the local provident fund management center in advance.