1. According to the current regulations on the upper age limit of individual housing mortgage borrowers, men are 65 years old and women are 60 years old. If the husband and wife jointly apply for a loan, the older one shall prevail. In other words, if the man is 55 years old and the woman is 48 years old, he can apply for a loan at most 12 years.
2. Some joint-stock banks are more relaxed. According to the current regulations of banks, the loan period for middle-aged and elderly people can be extended to 70 years for men and 65 years for women. Middle-aged and elderly people can apply for a mortgage as long as they have proof of income. The loan period shall not exceed 70 years for men and 65 years for women. If the procedures are complete, the loan can be released in about one and a half months.