Housing loan is any form of housing loan support provided by banks and other financial institutions to buyers, usually with the purchased house as collateral. According to the source of loan funds, it is divided into provident fund loans and commercial loans. According to the repayment method, it can be divided into two types: equal principal and interest repayment method and average capital repayment method. The housing loan interest rate is based on the benchmark interest rate of banks in the same period, and the loan interest rates of different banks have increased slightly.
The types of housing loans provided by banks mainly include enterprises and individuals.
Personal housing loans can be divided into two categories: personal housing provident fund loans and personal housing commercial loans, entrusted loans, self-operated loans and portfolio loans.
personal housing accumulation fund loan
Personal housing provident fund loan is a loan that employees who pay housing provident fund to the fund management center on time in a specified period apply to the fund management center with their own property houses as collateral when they buy or build their own houses (including second-hand houses) in this city. Loans can be issued by banks entrusted by the fund management center.
Personal housing commercial loan
It can be roughly divided into six varieties:
(1) Personal housing loan (including forward house and existing house);
(2) Personal second-hand housing loans;
(3) individual housing renovation loans;
(4) Personal housing consumption loans;
(five) personal commercial housing loans;
(6) individual housing portfolio loans;
Housing entrusted loan refers to the loan issued by the bank to individuals who purchase ordinary housing as required, and the source of funds is housing provident fund deposits.
Housing self-operated loan is a loan issued to individual buyers from the source of bank credit funds.
Housing portfolio loan refers to the loan from the housing provident fund deposit and credit funds to the same person who buys the same ordinary house for his own use, which is a combination of personal housing entrusted loan and self-operated loan.
Housing savings loan refers to a kind of loan that buyers deposit with banks in advance in order to obtain bank loans. It is a kind of contractual housing savings, which is used for those who have not participated in the provident fund, or those who have obtained provident fund loans but still have a funding gap to solve the financial difficulties.