What does real estate loan balance mean?

The balance of real estate loans is the total amount of real estate loans that the borrower has not repaid to the lender as of a certain node date.

The loan amount for a house mortgage is generally about 70% of the lowest value of the same type of property. Generally speaking, the mortgage loan amount is different depending on the mortgaged property. The housing mortgage loan limit is also directly related to the assets owned by the borrower. If there is only one property, the amount can only be loaned to the property appraisal Half of the value. If there are multiple properties, you can get a loan of 70% to 80% of the appraised value of the property.

Extended information:

Notes:

The mortgaged property must have residual value. Whether it is a property that is being repaid in installments, a property that was purchased in full, or a mortgage loan, the property must have a residual value when applying for a mortgage loan.

Diversified interest rates for real estate mortgages. Banks have the lowest interest rates, but the review time is longer. Other institutions lend faster, but the interest rates are relatively higher.

Diversified loan ratios. Most of them are classified by real estate, such as residences, commercial buildings, office buildings, villas, etc., and the loan ratios are completely different.