Commercial loan terms: 1. Beijing urban residents with full capacity for civil conduct, nonlocal residents with the right of abode in Beijing, overseas and foreign citizens must meet the following conditions when applying for loans: 2. Have legal residence status; 3. Have a stable occupation and income; 4. Have the ability to repay the loan principal and interest on schedule; 5. There are assets recognized by the loan bank for mortgage or pledge, or (and) there are guarantors who meet the prescribed conditions for their guarantee; 6. There is a contract or agreement for the purchase of housing; 7. When applying for a loan, there is a deposit of not less than 30% of the funds required for house purchase in CCB. If the house payment has been paid in advance to the selling unit, the original and photocopy of the payment receipt are required; 8. Other conditions stipulated by the lending bank. Commercial loans are loans used to supplement the working capital of industrial and commercial enterprises. Generally, they are short-term loans, usually 9 months, and no more than one year at most, but there are also a few medium-and long-term loans. This kind of loan is the main part of commercial bank loans, generally accounting for more than one-third of the total loans. Commercial loans, also known as individual housing loans, are commercial banks and housing savings banks approved by the People's Bank of China, which provide loans for urban residents to purchase ordinary housing for their own use and implement the statutory loan interest rate. Many commercial banks in Beijing have this business, such as CCB and ABC. The procedures for applying for loans are basically the same. ? Materials required for loan:? My household registration book, ID card or other valid proof of residence; Proof of occupation and income; House purchase contract or letter of intent, proof of down payment accounting for 30% of the house price and other relevant supporting materials; Other materials required by the agency of China Construction Bank. ? Loan procedures: 1. The agency of China Construction Bank or the law firm (or notary office) entrusted by China Construction Bank shall investigate the information provided by the borrower. ? 2.？ The agency of China Construction Bank shall examine and approve the borrower's application. ? 3. The borrower opens an account, obtains a savings card and signs a loan contract. 4.？ Handle mortgage, guarantee, pledge, insurance and other related guarantee procedures. ? 5. The loan contract takes effect and the funds are transferred to the developer's account. ?