1. has full capacity for civil conduct. The borrower must be a natural person aged 18 with full capacity for civil conduct.
2. The overall situation is relatively good. When considering the borrower's repayment ability, the bank will also consider the borrower's comprehensive situation to judge the borrower's loan qualification. In addition to paying more attention to the real estate license and credit information, the borrower's occupation and income are also important criteria for banks to judge.
3. Have the ability to repay the loan. Banks need to know your income status and credit history to judge whether the lender has the repayment ability, so you also need to provide corresponding real income proof materials.
4. The debt ratio should not be too high. Usually, when the personal asset-liability ratio exceeds 40%, it is difficult for banks to continue lending.
5. The monthly repayment amount shall not exceed 50% of the family income. Generally speaking, the borrower's monthly repayment shall not exceed 45%-50% of the personal family income on the premise of meeting the credit information. Therefore, if the existing mortgage is close to this ratio, it means that the borrower's debt is already high, and it is difficult to apply for other loans at this time.
Loan means that banks, credit cooperatives and other institutions lend money to units or individuals who use money, and generally agree on interest and repayment date.
Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.
Interest:
Interest refers to the remuneration paid by the borrower to the lender in order to obtain the right to use the funds, which is the use price of the funds in a certain period (that is, the loan principal). The loan interest can be calculated in detail by the loan interest calculator.
In civil law, interest is the legal fruit of principal.
Repayment method:
(1) Equal principal and interest repayment method: equal repayment every month, the sum of loan principal and interest. Most banks have adopted this method for housing provident fund loans and commercial personal housing loans. So the monthly repayment amount is the same;
(2) average capital repayment method: that is, the borrower distributes the loan amount to each period (month) evenly throughout the repayment period and pays off the loan interest from the previous trading day to the repayment date. In this way, the monthly repayment amount decreases month by month;
(3) Paying interest and principal on a monthly basis: that is, the borrower repays the loan principal in one lump sum on the loan maturity date (applicable to loans with a term of less than one year (including one year)), and the loan bears interest on a daily basis and the interest is repaid on a monthly basis;
(4) Repaying part of the loan in advance: that is, the borrower can repay part of the loan amount in advance when applying to the bank, and the general amount is an integer multiple of 1 1,000 or 1 1,000. After repayment, the loan bank will issue a new repayment plan, in which the repayment amount and repayment period are changed, but the repayment method remains unchanged, and the new repayment period shall not exceed the original loan period;
(5) prepayment of all loans: that is, the borrower can repay all the loan amount in advance when applying to the bank, and the loan bank will terminate the borrower's loan at this time after repayment and handle the corresponding cancellation procedures.
(6) Pay back as you borrow: interest is calculated on a daily basis after borrowing, and interest is calculated on a daily basis. You can pay the money in one lump sum at any time without any penalty.