1. Personal housing loan is a kind of consumer loan, which refers to the loan issued by the lender to the borrower for purchasing ordinary housing for personal use. When a lender issues a personal housing loan, the borrower must provide a guarantee. If the borrower fails to repay the principal and interest of the loan at maturity, the lender has the right to dispose of its collateral or pledge according to law, or the guarantor shall be jointly and severally liable for repaying the principal and interest.
Two, the loan object is a natural person with full capacity for civil conduct. The loan conditions are that urban residents use it to buy ordinary houses for their own use, have a house purchase contract or agreement, have the ability to repay the principal and interest, have good credit, and have a down payment of 30% of the funds needed for house purchase and a loan guarantee recognized by the bank.
Third, personal housing loans are limited to the purchase of self-occupied ordinary housing and the repair and construction of self-occupied housing by urban residents, and may not be used to purchase luxury housing. Personal housing loan refers to the loan issued by the lender to the borrower for the purchase of ordinary housing for personal use.
Fourth, personal housing loan business is one of the main asset businesses of commercial banks. Refers to the loan issued by a commercial bank to a borrower for the first time to purchase a house (that is, a house developed and built by a real estate developer or other qualified developers and sold to an individual). Personal housing loans mainly have the following three loan forms.
Five, the full name of the personal housing entrusted loan is the personal housing guarantee entrusted loan, which refers to the personal housing loan that the commercial bank entrusts the housing fund management center to issue with the housing provident fund. Housing provident fund loan is a policy personal housing loan, on the one hand, the interest rate is low; On the other hand, it mainly provides such loans to low-and middle-income workers who pay the provident fund. However, because the interest difference between housing provident fund loans and commercial loans is above 1%, both investors and ordinary people who buy houses and live in their own homes are more inclined to choose housing provident fund loans to buy houses.
6. Personal housing self-operated loans are loans issued to individual buyers based on bank credit funds. Also known as commercial personal housing loans, personal housing secured loans. Personal housing portfolio loan refers to a loan issued to the same borrower with housing provident fund deposits and credit funds for the purchase of self-occupied ordinary housing, which is a combination of personal housing entrusted loans and self-operated loans. In addition, there are housing savings loans and mortgage loans.