1. Have permanent residence or valid residence status in China;
2. Have stable professional and economic income, good credit and the ability to repay the principal and interest of the loan;
3. A house purchase contract or agreement has been signed. If the house is purchased by auction (the progress of the construction project must comply with the relevant provisions of the relevant government and financial regulatory agencies), complete documents proving the legality of the house construction and sales shall be provided (except that the project has a cooperation agreement with the lender);
4. The down payment of not less than 30% of the total price of the purchased house has been paid. Where the relevant laws, regulations, regulatory provisions or national policies change the down payment ratio, such provisions shall prevail;
5. Provide effective guarantee recognized by the lender;
6. Other conditions stipulated by the lender.
The above contents are for your reference. Please refer to the actual business regulations.
If you have any questions, please contact online customer service of Bank of China.
You are cordially invited to download and use China Bank Mobile Banking APP or China Bank Cross-border GO APP to handle related business.