Real estate mortgage loan must be state-owned land, and the loan amount is determined according to the evaluation price. Generally, the maximum loan is 70% for residential buildings and 50% for commercial buildings.
Second, the real estate license loan can be borrowed for several years.
How many years can I borrow a real estate mortgage loan?
3. How many years can the real estate license loan last?
The real estate license loan is a real estate mortgage loan with a maximum of 50% and a maximum of 10 years.
In other words, if a house is valued at 6,543,800 yuan, the bank will lend you at most 500,000 yuan, and it is more likely to lend you only 400,000 yuan. The maximum term 10 year can be evaluated according to your situation.
Mortgage loan, also known as "mortgage loan". Refers to a loan method adopted by some national banks. The borrower is required to provide a certain amount of collateral as loan guarantee to ensure the repayment of the loan at maturity. Collateral is generally easy to keep, easy to wear and tear, easy to sell, such as securities, tickets, etc.
After the loan expires, if the borrower fails to repay the loan on time, the bank has the right to auction the collateral and use the auction money to return the loan balance. If the auction money is not enough to pay off the loan, the borrower will continue to pay off the loan.
Mortgage is divided into two forms: maximum mortgage and traditional mortgage. Maximum mortgage means that the mortgagor and mortgagee use collateral to guarantee the creditor's rights that occur continuously in a certain period of time, which is a new mortgage system different from the traditional mortgage system. Compared with the traditional mortgage system, the difference lies in:
(1) Debt secured by maximum mortgage
(2) The creditor's rights secured by the maximum mortgage are usually future creditor's rights;
(3) The maximum mortgage must be;
(4) mortgage of maximum amount shall not be assigned with the assignment of the principal creditor's rights. Although the maximum mortgage is more than the traditional mortgage, it is still collateral, and its establishment mode and effectiveness are not essentially different from the traditional mortgage.
Generally, the mortgage interest rate will rise, generally 10%-20%( 1 day ago). Interest is calculated according to the benchmark interest rate, that is, the benchmark interest rate rises by 20% to 50%. As the property right certificate of the house, the borrower can use the property right certificate to obtain the mortgage loan, but still need to provide other application materials, such as the borrower's (and spouse's) ID card, household registration book, marriage certificate, income certificate, bank statement and other family property certificates to speed up the bank's approval of the loan application.