When we apply for a loan, the first choice is the bank. For example, China Construction Bank, we take China Construction Bank as an example. Let's take a look at the requirements for applying for a personal housing mortgage loan from China Construction Bank. What is the term and amount of the loan?

1. What are the requirements for personal housing mortgage loan of China Construction Bank?

1, with legal status, stable economic income, ability to repay loan principal and interest, and no bad credit record;

2. There is a legal and valid purchase contract or house ownership certificate, which can provide effective guarantee recognized by the loan bank;

3. If the newly purchased house is used as the maximum mortgage, it must have a legal and effective purchase contract, the age of the house is within 10 years, and a down payment of not less than 30% of the total price of the purchased house has been prepared or paid;

4. If the mortgage loan has been purchased and handled, the original mortgage loan has been repaid for more than one year, the loan balance is less than 60% of the value of the mortgaged house, and the mortgaged house has obtained the ownership certificate, and the age of the house is within 10 years;

5. Other loan conditions stipulated by China Construction Bank.

2. What is the term and amount of personal housing mortgage loan of China Construction Bank?

1, loan term, generally the longest is 30 years. If the newly purchased house is used as the maximum mortgage, the effective date is the day before the signing date of the individual housing loan contract; If the original mortgage loan of China Construction Bank is converted into the maximum mortgage loan, the starting date of the validity period is the day before the original mortgage loan issuance date.

2. The loan amount shall not exceed 70% of the total price of the house purchased.