“To buy a house loan, you first bring all the relevant information to apply for a personal housing loan, then accept the bank’s review and determine the loan amount, then sign a loan contract, and the bank will handle insurance, handle property mortgage registration and notarization procedures, and finally Banks issue loans. ”

Can I get a loan for commercial housing?

The amount of bank loan applied for is affected by the loan down payment ratio and usually cannot exceed the total price of the house minus the down payment. The down payment ratio will be adjusted according to the conditions of the property market. Cities with purchase restrictions and non-restrictions will be different, and different banks in the same area may also be different. It is recommended that home buyers fully understand the mortgage policies of the banks where they purchase the house and choose the most appropriate bank to apply for a loan. Need to meet the conditions for mortgage purchase of a house:

1. The loan applicant has a local urban permanent residence or valid residence status and is a Chinese resident aged 18-65 years old;

2. Loan The applicant has a stable career and income, good credit, and the ability to repay the principal and interest of the loan on time;

3. The loan applicant has self-raised funds of more than 20% of the total price of the house purchased, and is guaranteed to use it. To pay the down payment of the house purchased;

4. The loan applicant has assets recognized by the bank as mortgage or pledge, or an unit or individual with sufficient repayment capacity to repay the principal and interest of the loan and assume joint and several liability The guarantor;

5. The loan applicant has a house purchase contract or agreement, and the price of the house purchased basically meets the assessed value of the bank or the real estate appraisal agency entrusted by the bank; other conditions stipulated by the bank.

How much can you borrow for a commercial housing loan?

1. Generally speaking, the mortgage loan amount is different depending on the mortgaged property. Under normal circumstances, the mortgage for commercial housing can reach 70%, while the mortgage for shops can reach 60%, and the mortgage for industrial plants can reach 50%.

2. Point out that there are many factors that affect the amount of house mortgage loan. The appraisal of the property is an important factor that directly affects how much money can be borrowed for a home mortgage loan.

3. The housing mortgage loan limit is also directly related to the assets owned by the borrower. If there is only one property, the loan can only be half of the appraised value of the property; if there are multiple properties If you buy a real estate, you can get a loan of 70% to 80% of the appraised value of the real estate.

4. Personal income will also be considered by the bank as a loan factor. If the personal income is low, the bank will consider whether the borrower has sufficient repayment ability, and the bank will Lower the loan amount.