When reviewing loans, banks will refer to personal credit records, monthly repayment ability (stable work, sufficient income sources, sufficient family income), asset-liability ratio and other factors. Personal credit is good and repayment ability is strong to apply for a loan.
However, if there are more than two commercial credit loans (excluding housing loans), it is almost impossible to apply for credit loans.
Conditions for applying for individual housing construction loans
1, with legal China citizen identity documents.
2, stable economic income, good credit, the ability to repay the loan principal and interest.
3. There are valid contracts for the purchase, construction and repair of houses, contracts and other supporting documents required by the loan bank.
4. More than 20% of the self-raised funds of the purchased (built or repaired) houses are guaranteed to pay the down payment of the purchased (built or repaired) houses.
5. There are assets recognized by the loan bank as collateral or mortgage, or legal persons, other organizations or individuals with sufficient compensatory capacity as guarantors.
6. China Construction Bank Co., Ltd. agrees to other conditions stipulated by the loan bank. &; nbsp