The new housing loan policy is as follows: first, if the borrower purchases affordable housing, the down payment ratio shall not be less than 20% of the total purchase price; Secondly, for the purchase of the first set of housing other than affordable housing, the down payment ratio shall not be less than 30% of the total purchase price; Finally, if you buy two houses, the down payment ratio should not be less than 60% of the total purchase price. Mortgage, also known as house mortgage. Mortgage means that the buyer fills in the mortgage loan application form to the bank and provides legal documents such as ID card, income certificate, house sales contract and guarantee letter. The bank promises to grant loans to the buyer after passing the examination, and handle the registration and notarization of real estate mortgage according to the house sales contract provided by the buyer and the mortgage loan contract concluded between the bank and the buyer. The bank directly transfers the loan funds to the seller's account within the time limit stipulated in the contract.

Participants in mortgage loans, including commercial banks that provide credit funds, buyers who eventually purchase real estate, and property owners (including developers/second-hand housing owners), also need to participate in the evaluation company and mortgage guarantee company when applying for loans. Statistics released by Beijing Wancai United Investment Management Co., Ltd., a real estate guarantee company, show that the mortgage utilization rate has reached a high level in major first-tier cities in China at the end of 20 10. In terms of mortgage loans for house purchase, the loan ratio has reached more than 70%, and in recent years, more and more residents have applied for mortgage loans for real estate consumption by using their own names or relatives' real estate. "Mortgage" has become a way of life closely related to residents' lives.

The process of buying a house by loan mainly includes:

1, loan application;

2. Choose real estate;

3. Sign a house purchase contract;

4. Handle mortgage registration and insurance;

5. Sign a house mortgage contract;

6. Open a special repayment account.

Legal basis:

Notice on Establishing Centralized Management System for Real Estate Loans of Banking Financial Institutions

Article 2. The term "concentration management of real estate loans" as mentioned in this Notice refers to the ratio of the balance of real estate loans of banking financial institutions (excluding overseas branches) to the balance of RMB loans of their institutions (hereinafter referred to as the ratio of real estate loans) and the ratio of personal housing loans to the balance of RMB loans of their institutions (hereinafter referred to as the ratio of personal housing loans), which meets the management requirements of the People's Bank of China and the China Banking Regulatory Commission, that is, it is not higher than the upper limit of real estate loans and personal housing loans stipulated by the People's Bank of China and the China Banking Regulatory Commission, and development banks and policy banks refer to it.