First, the loan term.

1, the longest term of individual housing loan is 30 years, and you can choose 20, 15, 10, 5 years, etc.

2. The longest term of personal commercial housing loan is 10 year;

3. Men under 60 years old and women under 5 years old.

Second, the basic provisions of housing loans

1. loan purpose: to buy, build and repair houses.

2. Loan targets: China natural persons with full capacity for civil conduct and overseas countries with the right of abode in Chinese mainland,

3. Loan amount: The maximum amount is 70% of the total price or evaluation value of the house purchased (built or overhauled).

4. Loan term: up to 30 years.

5. Banking and other relevant regulations.

6. Repayment method: entrusted deduction and counter repayment.

7. Repayment method: If the loan term is within 1 year (including 1 year), the repayment method of one-time repayment of principal and interest shall be implemented; If the loan term is greater than 1 year, the repayment method of equal principal and interest and average capital can be adopted.

8. Loan guarantee: mortgage, pledge, guarantee, mortgage plus phased guarantee, etc. , you can use one or more loan guarantees.

Three, apply for a loan should be raised.

1, identity document;

2. The borrower can repay the loan.

3. Legitimate and effective purchase (construction, overhaul) contracts, agreements or (and) other approval documents;

four

5. Loan guarantee materials;

6. Lending bank

2. Does anyone know how many years a mortgage can be borrowed at most?

The amount/down payment ratio of China Merchants Bank's housing loans (including first-hand buildings and second-hand buildings) is as follows:

The minimum down payment ratio of the first suite is 30%, that is, the maximum loan amount does not exceed 70% of the value of the purchased property; (cities that do not implement "purchase restriction" will be adjusted to not less than 25%)

The minimum down payment ratio of the second suite is 40%, that is, the maximum loan amount does not exceed 60% of the value of the purchased property.

Your specific credit line needs you to submit relevant information, and it can only be determined after the approval of the outlets. You can directly contact the personal loan department of local outlets for consultation!

3. How many years can I borrow a mortgage? How old at most?

According to the bank loan regulations, the longest loanable period of mortgage is 30 years. Generally, banks will subtract your actual age according to your age (male 65, female 60) after five years of statutory retirement, and the remaining figure is the maximum number of years you can borrow money. In other words, the longest mortgage loan can reach 65 years old, of course, the specific situation should be subject to the provisions of the loan application bank. For example, the sum of ICBC's housing loan period and the borrower's age cannot exceed 65 years, and the shortest mortgage is 1 year and the longest is 30 years; The borrower's age and loan time of China Everbright Bank cannot exceed 65 years, and the longest term of mortgage is 30 years. Housing loan is any form of housing loan support provided by banks and other financial institutions to buyers, usually with the purchased house as collateral. According to the source of loan funds, it is divided into provident fund loans and commercial loans. According to the repayment method, it can be divided into two types: equal principal and interest repayment method and average capital repayment method. The housing loan interest rate is based on the benchmark interest rate of banks in the same period, and the loan interest rates of different banks have slightly increased. Application conditions for housing loan (provident fund loan) Application conditions: (1) Hold valid identification; (2) Only employees who participate in the housing provident fund system are eligible to apply for housing provident fund loans, and employees who do not participate in the housing provident fund system cannot apply for housing provident fund loans. (3) Persons who participate in the housing provident fund system must also meet the following conditions when applying for housing provident fund personal housing loans: that is, the housing provident fund has been continuously paid for at least 6 months before applying for loans. Because, if the employee's behavior of paying housing provident fund is abnormal and intermittent, it means that his income is unstable and he is prone to risks after issuing housing loans. (4) One of the husband and wife has applied for housing provident fund loans, and neither husband nor wife can obtain housing provident fund loans again before paying off the principal and interest of the loans. Because the housing provident fund loan is a kind of "housing security" financial support to meet the basic housing needs of workers' families. (5) When applying for a housing provident fund loan, the loan applicant must have a relatively stable economic income and the ability to repay the loan, and there are no other outstanding debts that may affect the repayment ability of the housing provident fund loan. When employees have other debts, it is risky to lend to housing provident fund, which violates the principle of safe operation of housing provident fund. That is, when applying for housing provident fund loans, applicants are generally required to have no large loans, such as outstanding housing commercial loans and auto loans.