China adheres to the principle of "one country, two systems" to Hong Kong, so the systems in Hong Kong and the mainland are different. Now Hong Kong people who come to the mainland to buy a house can enjoy the same bank mortgage loans as mainland citizens, but when Hong Kong people apply for consumer loans, banks will have differences between credit loans and mortgage loans. Generally speaking, Hong Kong customers can apply if they meet the banking conditions.
1. Credit loans, such as Hong Kong workers working in Shenzhen, are almost impossible to obtain bank loans in the market. Before 20 17 years ago, only Hang Seng Bank could provide credit loans to Hong Kong compatriots in the inland market. Now Hang Seng Bank has no credit loan products open to the outside world.
2. Mortgage Loan If there are legal collateral in the Pearl River Delta region such as Shenzhen and Huizhou, the loan will no longer be a big problem. Therefore, it is ok for Hong Kong residents to apply for mortgage loans, and the requirements are basically the same as those of mainlanders. Because of the different systems, the bank has different control and power over the two places. In order to verify the authenticity of customer information, the issue of marital status requires Hong Kong compatriots to issue a legally effective marital status certificate according to the Hong Kong law firm designated by the bank, and other required materials are basically the same.
3. What's wrong with needing a guarantor? This situation is mainly reflected in Hong Kong customers in Huizhou and Dongguan. Companies and commercial houses owned by customers in Shenzhen can apply to banks according to the bidding documents in the industry (Dah Sing Bank, Volkswagen Bank, Overseas Chinese Yongheng, etc.), and the required information is also very simple. Therefore, Hong Kong compatriots must consult more than a few when consulting loans from third-party intermediaries, so as to avoid being found by bad intermediaries to suppress points and then routine customers. At present, the lowest interest rate of bank loans on the market is 3% 95, with an annualized rate of 4.74%, with interest first and capital later, with a five-year term and a maximum of 7 million.
The Interim Measures for the Administration of Personal Loans has corresponding provisions:
Article 11 An individual loan application shall meet the following conditions:
(1) The borrower is a citizen of the People's Republic of China with full capacity for civil conduct or an overseas natural person who meets the relevant provisions of the state;
(2) The purpose of the loan is clear and legal;
(3) The amount, duration and currency of the loan application are reasonable;
(4) The borrower has the willingness and ability to repay;
(5) The borrower's credit status is good and there is no significant bad credit record;
(6) Other conditions required by the lender.
Relevant laws of the Interim Measures for the Administration of Personal Loans:
Article 18 The loan review shall comprehensively review the legality, rationality and accuracy of the loan investigation, focusing on the due diligence of the investigator and the repayment ability, integrity, guarantee, mortgage (pledge) ratio and risk degree of the borrower.
The loan risk assessment should be based on the analysis of the borrower's cash income, adopt quantitative and qualitative analysis methods, and comprehensively and dynamically conduct loan review and risk assessment. Lenders should establish and improve the borrower's credit record and evaluation system.
Article 20 Lenders shall, according to the principle of prudence, improve the authorization management system, standardize the examination and approval procedures, clarify the loan examination and approval authority, separate loan examination and approval, and ensure that loan examination and approval personnel independently examine and approve loans according to authorization.