Term of housing mortgage loan

How many years is the general life of real estate mortgage loan?

Housing loans (commercial loans) can be loaned for up to 30 years.

Depending on the repayment period, the mortgage loan will pay interest first and then 1-3 years, and the equivalent principal and interest will be1-0/0 years, and the loan will still be 1-5 years.

Real estate mortgage loan:

1. Mortgaged real estate for operation;

Materials to be prepared: borrower's ID card, household registration book, proof of marital status, original and photocopy of real estate license, bank account, proof of large assets, etc. A copy of the company's business license stamped with the official seal, the company's articles of association, the company's financial statements for the last 1-3 years, the company's bank flow, and the certification materials used for business or financing purposes;

Amount: commercial use, up to 70% of the real estate appraisal value;

Interest rate: according to the bank policy and the borrower's qualification, the interest rate will rise by 20% on the basis of the benchmark interest rate;

Years: generally less than five years.

2. Mortgaged property for personal consumption:

Materials to be prepared: borrower's ID card, household registration book, proof of marital status, original and photocopy of real estate license, bank account, proof of large assets and personal consumption;

Interest rate: when the mortgaged property is used for personal consumption, the benchmark interest rate is generally implemented or floating10%;

Years: generally less than ten years.

3. Mortgaged property is used to purchase commercial housing.

Materials to be prepared: borrower's ID card, household registration book, proof of marital status, original and photocopy of real estate license, bank account, proof of large assets, and contract for purchasing commercial housing;

Years: up to 30 years.

4, housing mortgage bank loan procedures:

1. You need to open a current deposit account with a banking institution;

2. Please fill in the loan application form as required, and submit the application form and required materials as instructed by the bank;

3. The bank manager or appointed lawyer will visit you at home to investigate the authenticity, legality and completeness of the information you provide;

4. After the bank has passed the examination and approval, it will inform you of the examination and approval results and sign a loan contract with you;

5. Handle insurance, mortgage registration, notarization and other procedures as appropriate;

6. CITIC Industrial Bank will directly transfer the loan to the account agreed in the contract;

7. Please repay the principal and interest according to the loan contract.

The key question is what is the purpose of your loan? With a bungalow mortgage of 250,000, you must take out 250,000 projects you want to do. The bank will evaluate the project and make sure that if the bank is interested in the project, it will naturally lend you money or even more.

How many years can a mortgage last?

Mortgage loans can last as long as 30 years. The mortgage rate of commercial housing can reach up to 70%; The mortgage rate of office buildings and shops can reach up to 60%; The mortgage rate of industrial plants can reach up to 50%; , the longest period can reach 30 years; Mortgages include shops, offices, houses, villas, factories, warehouses and so on.

What is the longest life of mortgage loan?

If it is a new house mortgage, the longest loan period cannot exceed 30 years; If it is a second-hand housing mortgage, it cannot exceed 20 years. When calculating the loan term, the borrower should determine the repayment term according to his repayment ability, so as not to cause repayment pressure. To apply for housing mortgage loan, the house provided by the borrower must meet the requirements of bank mortgage loan. If the borrower's house does not meet the requirements of the bank mortgage loan, he can't apply.

The following are the conditions stipulated by the bank: First, they have legal status; Second, it has a stable economic income, the ability to repay the principal and interest of loans, and no bad credit record; Third, there is a legal and effective purchase contract; Fourth, if the newly purchased house is used as the maximum mortgage, it must have a legal and effective purchase contract, the age of the house is within 10 years, and the down payment of not less than 30% of the total price of the purchased house has been prepared or paid; Fifth, if the mortgage loan has been purchased, the original mortgage loan has been repaid for more than one year, the loan balance is less than 60% of the value of the mortgaged house, and the mortgaged house has obtained the ownership certificate, and the age of the house is within 10 year; Sixth, it can provide effective guarantee recognized by the loan bank; Article 7 Other conditions stipulated by the lending bank.

1. What is the longest term of personal property mortgage loan?

Housing mortgage refers to the borrower's own or third-party property as collateral. And repay the principal and interest to the bank by stages with stable income, and mortgage the bank with its property certificate before paying off the principal and interest. If the buyer can't repay the principal and interest on time, the bank can sell the house to offset the debt.

1, and the highest mortgage rate of commercial housing can reach 70%;

2. The mortgage rate of office buildings and shops can reach up to 60%;

3. The mortgage rate of industrial plants can reach up to 50%;

4. Up to 30 years; Mortgages include shops, offices, houses, villas, factories, warehouses and so on.

2. What are the procedures for handling real estate mortgage loans?

1. The borrower shall fill in the Application for Mortgage of Residential Houses before lending, and submit the following supporting materials issued by the bank: the borrower's fixed income certificate issued by the borrower's unit; Credit certification documents such as business license and legal person certificate of the loan guarantor; Legal and valid identity certificate of the borrower; The relevant certificate of the ownership of the house or the certificate that I have the right to the house according to law; Appraisal report, appraisal report and insurance documents of mortgaged real estate; Contracts, agreements or other supporting documents for the purchase and construction of houses; Other documents or materials required by the lending bank.

2. The bank examines the borrower's loan application, purchase contract, agreement and related materials.

3. The borrower shall hand over the title certificate, insurance policy or securities of the collateral to the bank for safekeeping.

4. The borrower and the guarantor of both parties sign the housing mortgage loan contract and notarize it.

5. After the loan contract is signed and notarized, the bank's deposits and loans to the borrower are transferred to the selling unit or building unit specified in the purchase contract or agreement.

6 loan settlement, including normal settlement and early settlement.

How many years can a mortgage last?

Mortgage loan is a kind of mortgage loan, which is a way to apply for a loan from a bank or financial institution with the property under the name of an individual as collateral. Usually, the amount of mortgage loan is determined according to the appraised value of the house. Usually, the higher the value of the house, the higher the amount of mortgage loan. The appraisal value of houses is influenced by lots, areas and other factors. So how long can the mortgage loan last? Let's get to know each other.

How many years can a mortgage last?

Under normal circumstances, the longest term of mortgage loan can reach 30 years. However, when applying for a mortgage loan, the actual mortgage loan period will be affected by the age of the house and the age of the borrower. Most banks have strict regulations on the term of mortgage loan, that is, the sum of the term of mortgage loan and the borrower's age cannot exceed 65 years old. Generally, reaching the age of 65 means that the borrower has reached the legal retirement age. Beyond this age, the lending institution believes that the borrower does not have enough credit card spending power; In addition, the age of the house and the age of the borrower are required to be no more than 65 years old.

How many years can a mortgage loan last?

If it is a new house mortgage, the longest loan period cannot exceed 30 years; If it is a second-hand housing mortgage, it cannot exceed 20 years. When calculating the loan term, the borrower should determine the repayment term according to his repayment ability, so as not to cause repayment pressure. To apply for housing mortgage loan, the house provided by the borrower must meet the requirements of bank mortgage loan. If the borrower's house does not meet the requirements of the bank mortgage loan, he can't apply. The following are the conditions stipulated by the bank: First, they have legal status; Second, it has a stable economic income, the ability to repay the principal and interest of loans, and no bad credit record; Third, there is a legal and effective purchase contract; Fourth, if the newly purchased house is used as the maximum mortgage, it must have a legal and effective purchase contract, the age of the house is within 10 years, and the down payment of not less than 30% of the total price of the purchased house has been prepared or paid; Fifth, if the mortgage loan has been purchased, the original mortgage loan has been repaid for more than one year, the loan balance is less than 60% of the value of the mortgaged house, and the mortgaged house has obtained the ownership certificate, and the age of the house is within 10 year; Sixth, it can provide effective guarantee recognized by the loan bank; Article 7 Other conditions stipulated by the lending bank.

What is the longest term of real estate mortgage loan?

The longest term of real estate mortgage loan is 30 years. According to different repayment methods, mortgage loans have different years, from 1 to interest after 3 years, from 1 to 10 years with equal principal and interest, and from 1 to 5 years. Legal basis: Article 51 of People's Republic of China (PRC) Urban Real Estate Management Law obtains the land use right of real estate mortgage by allocation. After the real estate is auctioned according to law, the mortgagee shall pay the amount equivalent to the payable land use right transfer fee from the auction price. Article 402 of the Civil Code of People's Republic of China (PRC) mortgages the property specified in Items 1 to 3 of the first paragraph of Article 395 of this Law or the building under construction specified in Item 5, and goes through the mortgage registration. The mortgage is established at the time of registration.