To some extent, the real estate market in many cities is very poor, which directly leads to the gradual lowering of the threshold for buying houses in various regions, and some places have even introduced measures to let farmers and the elderly buy houses. At the same time, banks are also relaxing the requirements for buyers to apply for personal housing loans. If a person is unable to repay his personal housing loan, he can let his parents or children jointly repay the mortgage loan. Although this measure can make more people buy their own houses, people generally hold a negative attitude towards it, and many people will think that this kind of relay loan is completely immoral.
The bank mortgage needs to be paid back to 90 years old.
When a homebuyer applied for a personal housing loan, the homebuyer said that his parents were over 70 years old and asked if they could apply for a personal housing loan. The staff of the bank said that 70-year-old people can also apply for a mortgage, but because the loan period is 84 years old, the elderly can only apply for a personal housing loan of 14 years, so the children of the elderly need to help the elderly repay the mortgage together.
The essence of this method belongs to disguised relay loan.
You can try to understand this: many banks will launch this kind of relay loan because they want to attract more high-quality users in this way. This way can also help cities to sell local real estate vigorously, thus stabilizing the local real estate market. For many cities, these cities seem to have forgotten the risks of applying for mortgage loans.
At the same time, the longest period for applying for individual housing loans is 84 years. When buyers apply for personal housing loans, they need to subtract the actual age of the buyers from 84, and the remaining age is the repayment period of the personal housing loans they can apply for.