Is it easy to get an apartment loan?
1. You can apply for a loan to buy an apartment, but apartment loans are different from ordinary houses, which require commercial loans and cannot use provident fund loans.
2. Apartment loans are relatively easy, but borrowers must meet the following conditions at the same time: they have legal status; Have a stable economic income, good credit and the ability to repay the principal and interest of loans; There are legal and effective contracts and agreements for the purchase and overhaul of houses and other supporting documents required by the loan bank.
Is it easy to get an apartment loan?
3, have purchased (overhaul) housing more than 20% of the total self-raised funds, and ensure that used to pay the first payment of the purchased (overhaul) housing; There is an asset mortgage or pledge recognized by the loan bank, or (and) a legal person, other economic organization or natural person with sufficient compensation ability as the guarantor. Other conditions stipulated by the lending bank.
When buying an apartment, we must pay attention to the property right of the house. According to the relevant regulations, the nature of the right to use the house is consistent with the right to use the land, and the nature of the commercial house is only residential land, commercial land and industrial land. Buyers only need to check the land use column in the land use certificate of the property, and it is clear at a glance whether it is residential or commercial.
How many years can I borrow an apartment loan?
1. Some people need to apply for a loan when buying an apartment. How many years can they borrow an apartment loan? Apartment is the most extensive form of commercial real estate investment. It is a building with more than one dwelling unit or multiple dwelling units. The general property right is 40 years, the down payment is more than 50%, and the loan term cannot exceed 10 year.
The advantage of the apartment is that it is not limited to purchase or loan. The policy of restricting purchases and loans affects users who can't buy a house and can consider buying an apartment. It is worth noting that apartments are not allowed to apply for provident fund loans, but only commercial loans.
3. When making apartment loans, you will find that the interest rate of apartment loans is generally between 5. 145%-6.37%, which is higher than the benchmark interest rate of the central bank's commercial loans of 4.9%. Because the purchase threshold of apartments is relatively low, the loan interest rate is higher than that of ordinary residential loans.