Those who meet the loan conditions can apply for a mortgage after the name of the house purchase contract is changed. To apply for a mortgage, the borrower needs to have good credit, a stable career and income, be able to pay a down payment of no less than 50% of the assessed value of the full purchase price, and agree to use the purchased house or an asset recognized by the lending bank as collateral.

Legal Basis

Article 17 of the "General Rules for Loans"

When a borrower applies for a loan, he or she must have a marketable product, productive production and operation, and no expropriation or misappropriation. Credit funds, abide by credit and other basic conditions, and should meet the following requirements:

1. Have the ability to repay principal and interest on time, and the original loan interest payable and due loans have been repaid; if they have not been repaid, they have been A repayment plan approved by the lender;

2. Except for natural persons and institutional legal persons that do not need to be approved and registered by the industrial and commercial department, annual inspection procedures must be completed by the industrial and commercial department.

3. A basic account or general deposit account has been opened;

4. Except as stipulated by the State Council, the cumulative amount of external equity investment by limited liability companies and joint stock companies does not exceed its 50% of the total net assets;

5. The borrower’s asset-liability ratio meets the requirements of the lender;

6. If applying for a medium-term or long-term loan, the corporate legal person of the new project must The ratio of investor equity to the total investment required for the project shall not be lower than the capital ratio for investment projects stipulated by the state.