? This article explains it in detail for you! Definition of commercial housing mortgage loan Real estate mortgage loan means that the borrower uses the purchased commodity housing as a mortgage, and the lending bank provides a package of financial services to the borrower. Then the housing mortgage loan is divided into two types, one is a personal consumption loan, and the other is a personal business loan. loan. The so-called bank consumer loans are loans issued by banking institutions to individual consumers to purchase durable consumer goods or pay for other consumption, such as housing, cars, furniture, color TVs, refrigerators, computers, etc. Personal business loans, as the name suggests, use your own property as collateral to obtain bank financing for commercial purposes. Notes on Mortgage Loans: The maximum loan period for new house loans shall not exceed 30 years, and the maximum loan period for second-hand houses shall not exceed 20 years; the loan limit is 70% of the appraised value of the house; the loan interest rate shall be based on the loan interest rate for the same period and grade stipulated by the People's Bank of China, and the base annual interest rate It's 5.94. House mortgage loan conditions: The age of the house should be within 20 years; the area of ??the house has different requirements from bank to bank; the house must have strong liquidity; commercial houses, apartments, shops, and office buildings are generally required. Real estate mortgage loans generally need to be handled through professional real estate guarantee companies. Real estate mortgage loans have become an important means of personal real estate financing for residents. Funds are loaned through mortgage loans to meet temporary consumer needs or even business operating needs in order to revitalize Real estate held by residents, and among various financing channels, real estate mortgage loans are still one of the lowest-cost methods. Conditions for applying for a loan: 1. A natural person with the nationality of the People's Republic of China and full capacity for civil conduct; 2. Holding a valid identity document; 3. Having a stable and legal source of income; 4. The mortgaged property has a real estate certificate , with clear property rights and can be listed and circulated; 5. Other conditions stipulated by the bank.