(I) Product Definition
Housing development loans refer to loans issued by lenders to borrowers for the development and construction of commercial housing and its supporting facilities. For comprehensive real estate projects with residential investment accounting for more than 5% of the total investment, their loans are managed according to housing development loans.
(II) Borrower's conditions
A borrower applying for a housing development loan from a bank shall meet the following conditions:
1. An enterprise legal person approved and registered by the administrative department for industry and commerce;
2. Clear property rights, sound corporate governance structure, standardized operation and management, and good financial status;
3. Have a loan card and open a basic deposit account or general account with our bank;
4. If the borrower is a comprehensive real estate development enterprise, the real estate development qualification shall be Grade III or above, and its paid-in capital shall not be less than 1 million yuan;
5. If the borrower is a project company, it shall have the qualification of real estate development, and the paid-in capital shall not be less than 1 million yuan;
6. if the borrower is a foreign-invested enterprise, the registered capital shall comply with the relevant provisions of the state;
7. Good credit and the ability to repay the loan principal and interest on schedule;
8. Other conditions stipulated by the lender.
(III) Conditions of the loan project
1. It has been included in the national or local construction and development plan, and its project establishment or filing documents are legal, complete, true and effective;
2. Have the State-owned Land Use Right Certificate, Construction Land Planning Permit, Construction Project Planning Permit and Construction Project Construction Permit;
3. The project capital is not less than 35% of the total project investment (except for affordable housing projects), and it can be put into project construction before using bank loans;
4. The loan project meets the local market demand and meets the requirements specified by the Bank upon evaluation;
5. Other conditions stipulated by the lender.
(iv) loan methods
mortgage and pledge methods should be adopted to implement the relevant management regulations on loan guarantee management of our bank. For the part that can't provide mortgage (pledge) guarantee with insufficient capacity, the lender shall ensure that the loan guarantee is legal, sufficient and effective.
(V) Loan term and interest rate
The loan term is generally not more than 3 years. The loan interest rate shall be implemented in accordance with the relevant provisions of the People's Bank of China.
if you are not qualified enough, you can apply to Nanjing Runli. I did it there last time, with high efficiency and good service.