The real estate license is a mortgage loan. Although it can be used for loans, if you want to apply for loans through real estate licenses, you must obtain the consent of the holders and co-owners. In addition to the value of the house, the loan amount is also related to your repayment ability and credit history. The bank decides the loan amount according to your repayment ability.
Secondly, before determining the amount of mortgage, we must first evaluate the housing price. This appraisal is carried out by a professional appraisal company, and there are many factors that affect the appraisal value, such as location, age, area, old and new degree, etc. After obtaining the evaluation price, the bank will generally make a 70% mortgage loan according to the evaluation price, that is, the maximum loan amount of your house is 70%.
Third, there are many factors that affect the appraisal value of houses. Banks pay more attention to the age of houses. For example, the Bank of China stipulates that 70% of the assessed value is less than 3 years, 60% is less than 3-5 years, 50% is less than 5- 10 years, and 40% is less than10-0/5 years.