1. Personal housing renovation loan is a loan issued by the bank to borrowers for the renovation of their own houses. The housing decoration mentioned here refers to the engineering activities that use decoration materials to modify and process the housing. That is to say, the property must be your own.

2. The special requirements in the decoration loan are: to have the housing renovation contract, decoration budget and related materials signed with the decoration enterprises approved by the relevant departments; Some banks also require owners to have no less than 3% of the total renovation budget, and invest in the project construction before using the loan.

3. According to the regulations of the bank, personal consumption loans are generally not allowed to withdraw cash. The bank will transfer the money to the account of the decoration company.

4. The loan term generally does not exceed 5 years.