The maximum age limit for mortgage is 65 years old, and the age plus loan period shall not exceed 70 years old. The age limit of mortgage is mainly due to the consideration of the lender's repayment ability. The application conditions for personal mortgage are as follows: 1, 18 years old and above, 65 years old and below, a natural person with legal and valid identity certificate, residence certificate and income certificate, no bad credit record and full civil capacity; 2. There is a house purchase contract or agreement, and the borrower can pay the down payment that meets the requirements; 3. The lender has a stable occupation, sustained and stable economic income and the ability to repay the principal and interest of the loan; 4. It has a valid guarantee recognized by the handling bank; 5. It is necessary to open a personal settlement account in the bank and handle the settlement business such as loan issuance and repayment through the natural life family financial card; 6. Meet other conditions stipulated by the mortgage handling bank. Legal basis: Article 4 of the Measures for the Administration of Individual Housing Loans should be a natural person with full capacity for civil conduct. Article 5 A borrower must meet the following conditions at the same time: (1) Having a permanent residence in the urban area or a valid residence status; (2) Having a stable occupation and income, good credit and the ability to repay the principal and interest of the loan; (three) there is a purchase contract or agreement; (four) no housing subsidies to not less than 30% of the total price of the purchased housing as the down payment; If there is a housing subsidy, 30% of the personal commitment is the down payment for the purchase; (5) There are assets recognized by the lender as collateral or pledge, or units or individuals with sufficient compensatory capacity as guarantors; (6) Other conditions stipulated by the lender.
Second, how old can I not apply for a mortgage?
If you apply for a personal loan in China Merchants Bank, at present, China Merchants Bank stipulates that the age of the lender must be 18 years old, and the loan age must not exceed 70 years old.
3. Is there an age limit for buyers?
Down payment is a guarantee. If the party paying the down payment fails to perform the contract or unilaterally terminates the contract, the down payment has no right to demand the return. If we accept some people who have struggled in other places for many years and returned to their hometown, most of them have reached middle age. After years of struggle, it is a very happy thing to be able to buy a house of your own. Before that, you need to do more homework to understand the whole process of buying a house and whether there is an age limit for the buyer.
Is there an age limit for buyers?
The average bank's housing loan has an age limit for buying a house. If the bank thinks that it has no repayment ability, it will not issue loans. At the age of 52, you can still get a loan, but the local bank is different. For example, if you are 52 years old now, the bank's limit for commercial loans in housing loans is 60 for men and 56 for women. If the bank gives you a loan for 8 years (60-52), in fact, the bank will still go down. In about 2 years, you can actually get a loan for about 6 years. That depends on the specific situation.
At present, applying for a mortgage from a bank requires not only that the applicant has full civil capacity (18 years old), but also that the borrower has certain repayment ability, including a certain wage income and bank liquidity. Minor children have no income, no job, can't apply for loans, and banks won't handle loans for them.
Among them, the elderly, who are older, are generally difficult to get loans. There is a clear age limit for provident fund loans: if the purchaser pays the provident fund loans on time and meets the conditions of provident fund loans, according to the regulations, the term of provident fund loans shall not exceed 5 years after the borrower retires. For example, when a man retires at the age of 60, he can only borrow until the borrower is 65; Women retire at the age of 55 and can only borrow money until the borrower is 60.
However, commercial loans are different, and each bank has different requirements for the age limit of lenders, which may change and adjust with the bank's quota; In most cases, it will be slightly shorter than the life of the provident fund lender.
The whole process of buying a house
1, first of all, look after the house, pay the deposit at the sales office, and sign the subscription book to confirm the time to sign the formal contract. Sign a formal purchase contract with the developer at the agreed time. Within the prescribed time limit, the developer will assist the local real estate transaction management department to handle the pre-sale contract registration procedures and pay stamp duty as required.
2. After the contract is registered, if you need to apply for a house loan, you can apply for a mortgage loan, and you can consult the relevant departments for specific handling methods.
3. After the house is completed and accepted, the developer will provide the Notice of Occupancy and the Notice of Building Resumption, and the sales department, the finance department and the management office of the property management company will go to the site to handle the owner's occupancy procedures, as follows:
(1) Pay the balance of the house purchase at the sales office of the developer.
(2) Obtain the Instruction Manual for Residential Buildings, the Guarantee of Residential Quality and relevant decoration regulations and forms.
(3) The sales department or the property department shall accompany the owner to inspect the house and sign the Building Handover Book.
(4) Sign a property management convention with the property management company.
(5) Pay the down payment of property management fee, installation fee of cooker, cable TV installation fee and telephone installation fee. According to the regulations (different properties have different regulations).
(6) The new owner gets the house key and goes through the decoration or check-in formalities.
This is the whole process of buying a house. Finally, if the buyer is a mortgage, he usually pays the down payment within one week and then goes to the bank to apply for a mortgage. Generally, developers who handle mortgage loans are directly in the sales office. Is it necessary to make sure that the bank has an age limit for buying a house? Then choose the length of the mortgage according to your own situation.
(The above answers were published on 20 17-03-27. Please refer to the actual situation for the current purchase policy. )
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4. How old can I not apply for a mortgage?
Within 45