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How is the term of mortgage loan for operating property stipulated?

Different loan methods have different loan terms. Operating property mortgage loan is a common one in daily life, so how is the term of operating property mortgage loan stipulated?

1. The term of mortgage loan for operating real estate is generally not more than 8 years in principle. But some loans can last as long as 15 years.

2. Operating property mortgage loan refers to the loan issued by the bank to the operating property legal person, with the property owned by the bank as the mortgage, and the repayment source includes but is not limited to the operating income of the operating property.

3. Operating property refers to the completed acceptance and put into commercial operation. Commercial premises and office buildings with abundant operating cash flow, good comprehensive income and stable repayment sources, including commercial buildings, star-rated hotels, comprehensive commercial facilities (such as shopping malls and shops) and other commercial buildings.

The above is an introduction to how to stipulate the term of mortgage loan for operating real estate.