1. Have a legitimate occupation and stable economic income, have the ability and willingness to repay the loan on time, and have good credit standing.

2. Have a legal and valid commercial housing sales contract registered with relevant departments.

3. Have self-raised funds of no less than 30% of the total purchase price.

4. Agree to use the purchased house as a mortgage.

5. Agree to handle comprehensive loan insurance business.

6. A guarantor agrees to guarantee it until the property ownership certificate is received, and registers the mortgage of other rights in the house and then submits it to the lending bank and the Housing Provident Fund Management Center for storage.

How to apply for a mortgage when buying an off-plan house

1. When applying for a personal housing mortgage loan from the bank, you should fill in the "Personal Housing Loan Application Approval Form" and submit the following documents to the bank: The borrower's legal identity document (resident ID card, household register, military ID card or other identity document); proof of economic income or solvency recognized by the lending bank (such as the borrower's income certificate, tax payment certificate or professional certificate, etc.);

2. The borrower with a spouse must provide proof of marital relationship; if the borrower has a spouse, a written commitment signed by both borrowers clearly indicating the repayment responsibilities of the borrower must be provided; collateral or pledge A list of properties, proof of ownership, and the consent of the person with the right to dispose of the mortgage, proof of pledge, and proof of valuation of the mortgaged property; if provident fund is used as self-raised funds, proof of approval from the housing provident fund management department for the use of provident fund deposits must be provided; other documents required by the bank or information.

3. Sign the contract. After receiving the loan approval notice from the bank, the loan applicant must go to the lending bank to sign a loan contract and the corresponding guarantee contract with the bank, and handle notarization, insurance, mortgage (pledge) registration and other procedures as appropriate.

4. Grant loans. For loans approved by the bank, after completing the relevant procedures, the bank will transfer the loan in one go or in installments to the deposit account opened by the house seller in the bank in accordance with the loan contract.

What is the process of buying a house off-plan loan?

1. House-buying employees can consult the loan-related matters through the house selling unit, the loan undertaking bank or the housing provident fund management agency. The calculation can Loan amount and term.

2. The home buyer applies for a loan to the undertaking bank, submits copies of relevant documents, and brings the originals for inspection.

3. After being notified by the handling staff, the approved loan applicant shall go to the agreed place at the agreed time to sign the loan contract and other relevant contract texts and apply for the housing purchase guarantee.

4. Handle house purchase transactions and mortgage registration procedures. If you buy a house off-plan with a mortgage, it depends on the developer's payment time. Generally, the mortgage procedures will be completed before the house is handed over.

5. The loan that has been completed will be issued to the borrower by the loan undertaking bank in accordance with the provisions of the "Loan Contract", and the loan funds will be directly transferred to the account designated by the sales unit of the property purchased by the borrower.

6. Because there are certain risks in off-plan properties, the price and payment method are not important. What is important is whether the real estate developer you choose is regular, and his qualifications and strength.