What conditions do you need to apply for a housing loan?
1. The borrower must be a natural person who has reached the age of 18 and has full capacity for civil conduct and full capacity for civil liability, and has a legal and valid residence certificate;
2. Ask the borrower to pay the down payment;
3. The borrower must have a 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 right of the house purchased by the borrower is clear and meets the conditions stipulated by the government for entering the real estate market;
6. The house purchased by the borrower is not within the scope of the demolition announcement;
7. Other conditions required by the lending bank.
What should I pay attention to when lending?
Besides meeting these conditions, it doesn't mean that you can get a loan and buy a house you like. Friends who are ready to buy a house, it is best to find out the following questions before the loan, so as to ensure the smooth handling of the loan.
First, try to avoid job hopping.
When a borrower applies for a loan, some banks will require the applicant to issue an uninterrupted bank statement for more than 6 months, and the amount is generally more than twice the monthly payment, so as to evaluate the repayment ability of the applicant.
When approving loans, banks need to comprehensively consider the lender's economic ability level, such as job stability, income stability, growth trend and so on. If the buyer resigns before buying a house, it may increase the difficulty of the loan and affect the progress of the loan.
Bian Xiao suggested that in order to get a loan smoothly, it is best not to resign before buying a house. If you unfortunately change jobs and your running account is not ideal, you can deposit more money in your bank account six months in advance, or provide other financial proof. If married, you can provide a running account of both husband and wife and proof of property under their names.
Second, calculate the loan life.
At present, the longest term of housing loan in most cities is 30 years, but not everyone can apply for the longest term housing loan. Property buyers need to meet the requirement that the sum of the loan period and the borrower's actual age should not exceed 65 years old (ICBC requires 70 years old). If you are 45 years old, according to the regulations, the longest term of your loan can only be 20 years.
Third, choose a reasonable repayment method.
The repayment method of the loan includes equal principal and interest and average capital. The former is to repay the same amount of loans (including principal and interest) every month during the repayment period; The latter is to evenly distribute the total amount of loans during the repayment period, and repay the interest generated by the remaining loans in average capital and that month every month. Property buyers can choose their own way according to their actual situation, such as stable work, equal principal and interest, and ordinary capital if there is room for growth in the later stage of work.
Finally, Bian Xiao reminded buyers to find out the loan conditions of major banks before buying a house (each bank has different specific policies) so as not to waste time; At the same time, we should be familiar with the whole mortgage loan process. Everything is ready, so you can save trouble.