The borrower must meet the following conditions:

1. has legal status;

2. Have stable economic income, good credit and the ability to repay the principal and interest of the loan;

3. There are legal and effective purchase and overhaul contracts and agreements and other supporting documents required by the loan bank;

4. Having self-raised funds of more than 20% of the total price of the purchased (overhauled) house, and guaranteeing to pay the down payment of the purchased (overhauled) house;

5. Having assets mortgaged or pledged by the loan bank, or (and) having legal persons, other economic organizations or natural persons with sufficient compensation capacity as guarantors;

6. Other conditions stipulated by the lending bank.