Foreigners can borrow money to buy a house locally. Because there is no household registration requirement for bank loans, both locals and foreigners can handle loan business normally. Only users who must specify household registration in the loan products can apply, but foreigners can only apply for loans if they meet the household registration conditions. As for locals, they do not meet the household registration requirements and cannot apply for loans with household registration requirements. When foreigners apply for loans locally, the difficulty lies in whether foreigners have a place to live and a stable job. Users in different places who have a place of residence and a stable job meet the basic conditions for loans.

How to borrow money to buy a house in a different place

1. Every city has different policies for foreigners to buy houses. At present, most cities have cancelled the purchase restriction policy, which means that foreigners are no longer bound by the policy to buy a house.

2. Requirements for individuals to apply for housing loans: agree to use the purchased housing as collateral; The age of the borrower plus the loan period, the male is no more than 65 years old and the female is no more than 60 years old; Having full capacity for civil conduct; Have permanent residence or valid residence status in China; Must pay a down payment of not less than a certain percentage of the total price of the purchased house; Have stable professional and economic income, good credit and the ability to repay the principal and interest of the loan; Has signed a house purchase contract or agreement.

3. General information to be submitted: proof that all or part of the down payment has been paid; Proof of the borrower's repayment ability; Original and photocopy of the contract, agreement or letter of intent for purchasing second-hand houses; Legal identity certificate of the borrower: resident identity certificate, household registration book, military officer's card or other valid residence permit; The borrower and/or spouse have the right to inquire about the authorization documents of the personal credit information system of the People's Bank of China.

4. Even if it is a house in a different place, if it is the first loan house, the down payment is 30%, and the interest rate is generally lower than the benchmark interest rate 10%- 15% (according to the housing purchase standard implemented by local banks); In the case of two (including two) loan houses, the down payment is 40%, and the interest rate is the benchmark interest rate rising 10% (and so on, the third suite rising by 20%).