Generally speaking, when handling mortgage loans, the area of the mortgaged property shall not be less than 30 square meters, and the construction period shall not exceed 20 years. At the same time, the maximum amount of mortgage loan shall not exceed 70% of the assessed value of collateral, and the maximum amount of office buildings, commercial buildings facing the street and villas shall not exceed 50% of the assessed value of collateral. When handling loans, the benchmark interest rate is usually implemented, and sometimes it will rise by a certain percentage according to the nature of the house and the mortgage interest rate. The mortgage term of a loan is usually between 65,438+0 and 65,438+00 years, and the minimum loan amount is 300,000 yuan. So what are the conditions and procedures for applying for a real estate mortgage loan?

Conditions for applying for real estate mortgage loan

1. The applicant is over 18 years old.

2. Have a stable job and income and good personal credit;

3. Other conditions stipulated by the applicant bank.

4. Generally speaking, the age of the house should not be too high (few banks generally accept it for more than 20 years).

5. It is generally required that there can be no mortgage on the property (or even if the mortgage loan has not been repaid), and the loan can not be released until the last loan can be repaid.

Application process of bank housing mortgage loan

Submit personal loan application first;

1. After acceptance by the bank, evaluate the mortgaged property;

2. Review the loan according to the appraised price and the information provided by the borrower;

3. Sign a loan contract with a law firm after passing the examination, and handle the mortgage formalities of real estate property right certificate at the same time;

4. Bank loans. If the information is complete, it will take at least 15 working days to send the information to the bank for review, and the loan will be completed.