1. The title certificate of the auction property (title certificate) has been obtained, and the title certificate is in your name; (Simply put, whose name is on the real estate license and who borrows money)
2. He has reached the age of 18;
3. No bad credit discipline.
If you fully meet the above three conditions, you can apply for a loan. To be precise, you should apply to the bank for an existing mortgage loan. But also find a real estate appraisal company to evaluate the property, and the bank will give you the corresponding loan according to the percentage of the appraisal company's appraisal value of your house. The general bank loan ratio is 60%, and you can also consult several banks.
You can also use the housing provident fund loan to buy a second-hand house, because the loan after buying a second-hand house is also to apply for a loan from the bank with the existing house mortgage, so if you have the housing provident fund, you should be able to use the provident fund loan. The interest rate of housing provident fund loans is lower than that of commercial loans. Even though the interest rate of commercial loans for the first home in China has dropped by 30%, the interest rate of housing provident fund is lower than that of commercial loans. You should consult the local provident fund management center for relevant policies.
If you need to apply for a second-hand real estate loan, you usually apply for a loan from the bank first, and then go through the formalities of property transfer. You can provide your specific information and purchased property by contacting the local counter personal loan department, and the counter personal loan department will review your comprehensive situation to determine whether you can handle it. At present, the loan/credit period of the second-hand building is no longer than 30 years, and the loan period plus the age of the mortgaged property is no longer than 40 years in principle.
Application materials generally required for applying for a loan:
1. Identity information: ID card, military officer's card, etc. ;
2. Marriage certification materials: marriage certificate, divorce certificate, unmarried statement, etc. ;
3. Use certificate: the original property right certificate of the purchased property, the purchase contract, the purchase contract, and the down payment receipt confirmed by the seller (if the transaction funds are supervised, the supervision fund entry certificate is enough);
4. Proof of repayment ability (provide one or more of the following):
(1) The income provided by the income certificate is basically consistent with its local industry, occupation and position, and the income level is sufficient to meet the repayment needs of customers, and the income certificate is provided;
(2) For self-employed individuals and customers whose income is significantly higher than that of the same position in the local industry, supplementary proof materials of repayment sources shall be provided. Including but not limited to:
(a) to provide a running account or a reliable list of wages paid by the bank for more than three consecutive months (inclusive) in the past year;
(2) provide proof of holding shares of relevant institutions and proof of share dividend income;
(3) Provide proof of family assets, including financial assets or non-financial assets.
(3) Bank payroll customers can directly provide their payroll account flow, without the need for the unit to issue a separate income certificate;
(4) Customers who can provide social security account running water or personal tax bills do not need the unit to issue income certificates, and the Bank calculates the customer's income according to the relevant provisions of local social security account payment or tax policies;
If you need to provide other information about the loan, the handling bank will inform you in time, or you can confirm these information in detail through the handling bank when applying for the loan.