Hello, in principle, the single loan amount of personal housing decoration loans issued by banks shall not exceed RMB 150,000, and shall not exceed 50% of the total cost of the decoration project. However, depending on the loan channel you choose, the amount you can apply for will also be different.

1. Personal decoration loan

1. Unsecured credit decoration loan

The bank credit decoration loan limit is generally 5-8 times the monthly income, unsecured There is no guarantee, but the borrower’s credit requirements are high. The bank will strictly examine the applicant's job nature, industry, income status and other details. Generally, only people from specific industries, VIP customers, senior managers of the company, etc. can apply. You can also try unsecured credit products from big Internet brands. For example, Youqianhua is the original Baidu financial credit service brand with transparent and trustworthy interest rates. Youqianhua provides personal consumer credit services to the public and creates an innovative consumer credit model. The application materials are simple, the fastest is approval in 30 seconds, and the fastest loan is issued in 3 minutes. The maximum loan limit is 200,000. You can repay in advance, and after repayment, the amount can be restored and you can borrow money on a recurring basis.

2. Mortgage decoration loan

Mortgage decoration loan is a decoration loan applied for using real estate as mortgage. There are many banks that carry out this kind of business, and consumers have more choices. big. Generally, the loan limit shall not exceed 70% of the appraised value of the mortgaged property. If a pledge is adopted as a guarantee, the loan limit shall not exceed 90% of the value of the pledged right certificate. If you find someone to guarantee, the loan amount will be determined based on the credit rating of the borrower or guarantor, and the maximum shall not exceed 600,000 yuan.

2. Credit Card Home Improvement Installment

In order to better meet consumers’ home improvement installment needs, some banks have launched the credit card home improvement installment business, targeting people living in large and medium-sized cities. Just now People who are buying a new home, have no money to renovate it, and have a good credit record. The loan amount that can be processed is generally 100,000-200,000, and the maximum installment amount for some products is 500,000. How much you can borrow for a renovation loan depends on the loan method you choose, and the amount is also different. However, the specific amount depends on the applicant’s personal qualifications and repayment ability.

Click below on the mobile phone to measure the amount immediately. The maximum loan amount you can borrow is 200,000