1. The borrower needs to be a natural person who is over 18 years old and has full capacity for civil conduct and the ability to bear full civil liability, and has a legal and valid proof of residence;

2. The borrower needs to pay the first installment of the house purchase;

3. The borrower must have stable legal income and the ability to repay interest;

4. The borrower agrees to use the purchased house and its rights and interests as collateral;

5. The property rights of the house purchased by the borrower are clear, and the house meets the conditions stipulated by the government for entering the real estate market;

6. The house is not within the scope of the demolition announcement;

7. Other conditions required by the lending bank.

House purchase loan procedures

1. Submit loan application

House buyers need to go to the bank to submit a loan application and submit relevant information, such as a copy of their ID card, A copy of the household registration; an income certificate issued by the employer (stamped and valid) or other certificates that can prove the borrower's solvency; and other documents and information required by the bank.

2. Sign a loan contract

After the loan application is approved by the bank, sign a loan contract with the bank under the guidance of bank staff.

3. Open an account

Generally speaking, home buyers need to apply for an exclusive bank card at the lending bank to repay the loan regularly.

4. Loan disbursement

After the lending bank agrees to grant the loan, the lending bank will directly transfer the loan to the deposit account opened by the lender in the lending bank or designated by the lender in accordance with the loan contract. in the account.

Things to note when buying a house with a loan

1. Request a loan amount

Be sure to calculate the amount of loan you need before taking a loan. The loan amount does not include the down payment, which is paid in advance. Generally speaking, the higher the down payment ratio, the shorter the payment period, and the lower the monthly supply pressure. The basic loan amount is the total house payment minus the down payment. In addition, various taxes such as deed tax and value-added tax must also be taken into consideration.

2. Choose a good mortgage loan bank

With the development of the real estate market, many banks have developed products for home purchase loans. Home buyers can shop around to see which one has more favorable policies and is more suitable for them, and choose a suitable loan bank based on the actual situation.

3. Choose the correct repayment method

Generally speaking, there are two repayment methods: one is equal amounts of principal and interest, and the other is equal amounts of principal. Both methods have advantages and disadvantages. Lenders need to choose the appropriate repayment method based on their actual situation.

4. The information provided to the bank must be true

When a home buyer applies for a bank loan, the bank will generally require the lender to provide corresponding proof of economic income. Home buyers should provide true proof of personal employment, position and recent financial income. If the lender provides false documentation, this will cause the bank to reduce its trust in you and affect the loan.