1. The maximum personal decoration loan of a bank shall not exceed 1.5 million.
Individuals apply for housing renovation loans from banks. Under normal circumstances, the maximum loan amount that an individual can apply for is 654.38+0.5 million. At the same time, applying for a decoration loan also requires the applicant to prepare certain funds himself.
2. The maximum installment of credit card home improvement can reach 200,000.
At present, many banks can handle credit card home improvement by stages, and individuals can also handle credit card home improvement by stages, with a maximum loan amount of 200,000. But the specific amount still depends on the applicant's personal qualifications and repayment ability.
Home improvement loans, also known as decoration loans, refer to personal credit loans launched by banks or consumer finance companies for the purpose of family housing decoration, that is, unsecured credit loans. In principle, the single loan amount of personal housing renovation loan issued by the bank shall not exceed 654.38 yuan +0.5 million yuan, and shall not exceed 50% of the total cost of renovation project.
There are two kinds of home improvement loans and a credit card installment payment form, as follows:
1, apply for personal credit loan decoration;
2. Personal consumption loan decoration loan. The consumer loan here refers to the secured mortgage loan, that is, the consumer loan applied for by real estate mortgage;
3. credit card home improvement staging;
4. In addition to traditional bank loans, loans from consumer finance companies are also one of the options.
At present, there are two kinds of decoration loans and one credit card installment form to apply for, as follows:
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. Consumers prefer 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.
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.
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).