Legal analysis: the longest commercial and residential loan can be 10 year. Because commercial and residential buildings are commercial in nature, only commercial loans can be applied for loans. The down payment ratio needs to be at least 50%, the loan term generally does not exceed 10 years, and the loan interest rate rises at least 10%. You cannot apply for housing provident fund loans.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 667 A loan contract is a contract in which the borrower borrows money from the lender, repays the loan at maturity and pays interest.

Article 668 A loan contract shall be in written form, unless otherwise agreed between natural persons.

The contents of a loan contract generally include terms such as loan type, currency, purpose, amount, interest rate, term and repayment method.

Article 669 When concluding a loan contract, the borrower shall, at the request of the lender, provide the true information about the business activities and financial status related to the loan.