Can commercial and residential apartments be loaned?

Apartments that meet the loan conditions can be mortgaged.

Apartments are generally commercial in nature, but they are also residential in nature. When you need funds to apply for a mortgage loan, you need fixed assets as collateral.

First, the conditions of apartment mortgage loan

Have a legal status; Have a stable economic income, have the ability to repay the loan principal and interest, and have no bad credit record; Having a legal and effective purchase contract; If the newly purchased house is used as the maximum mortgage, it must have a legal and effective purchase contract, the service life of the house is within 10 years, and a down payment of not less than 30% of the total price of the purchased house has been prepared or paid; The apartment as a mortgage must be a personal residence, otherwise, if the lending institution does not accept it, many institutions will only accept the mortgage of the residential apartment. The apartment area meets the requirements of the bank, with good location and certain liquidity; The borrower's credit record is good and has not been overdue for six consecutive years; Have a certain repayment ability, and the debt ratio does not exceed 50%; Property rights are clear and uncontroversial; If the collateral is commercial housing, the housing life is generally not more than 20 years, and the loan/credit period plus housing life is not more than 40 years in principle; If the collateral is for commercial purposes, the housing period is generally not more than 20 years, and the loan/credit period plus the housing period is not more than 30 years in principle; In principle, commercial housing that has been idle for more than 6 months is not accepted as collateral; Other conditions stipulated by the lending bank.

Second, property that cannot be mortgaged.

1. Hu Yi Destination Room: According to relevant regulations, public welfare facilities such as schools, kindergartens and hospitals, whether belonging to institutions, social organizations or individuals, are not allowed to be mortgaged.

2. Small property houses: Small property houses only have the right to use, and there is no ownership granted by the real estate license. Banks naturally do not accept mortgage loans.

3. Houses with outstanding loans: Can a house with a mortgage be mortgaged again? At the time of the first mortgage, the bank already had other rights to the property. The law does not allow two banks to obtain other rights of the same house. So the answer is no.

4. Second-hand housing with too old and too small area: The mortgage loan conditions of second-hand housing are harsh, mostly limited to the age and area of the house. Generally, many banks refuse to lend second-hand houses with a house age of more than 20 years and a building area of less than 50 square meters.

5. Affordable housing with less than five years: those with less than five years are not allowed to be listed and traded, and banks cannot obtain other rights certificates or apply for mortgage loans.

6. Some public houses: If you can't provide the purchase contract or purchase agreement, or you can't provide the listing certificate of the center delivery, you can't mortgage the loan.

7. Cultural relics protection buildings: Cultural relics protection buildings and other buildings with important commemorative significance shall not be mortgaged.

8. Illegal buildings: illegal buildings or temporary buildings cannot be used for mortgage.

9. Houses with disputed ownership: Houses with disputed ownership and houses sealed up, detained, supervised or restricted in other forms according to law shall not be mortgaged.

10. Houses within the scope: The real estate that has been announced to be included in the scope according to law shall not be mortgaged.

Can I get a loan for my apartment?

An apartment can be loaned, provided that the lender meets the loan conditions, has a legal status, has a stable income, has the ability to repay the principal and interest of the loan, has no bad credit record, has a legal and effective purchase contract, and other conditions stipulated by the loan bank. If you meet these conditions, you can apply for an apartment loan at the bank.

How much is the down payment for buying an apartment loan?

According to local regulations and relevant laws and regulations, the property rights of apartments are mostly 40 years. At present, it is not limited to buying or lending.

The apartment wants to borrow money from the bank to buy a house. The down payment is 50%, and the longest loan period is 10 year. The apartment cannot borrow money from the provident fund. In addition, the utilities of the apartment and the property fees of the community are charged in accordance with commercial norms.

What are the disadvantages of buying an apartment?

1, short land use period:

The nature of land use for commercial apartments generally comes down to "shopping malls, office buildings, hotels" and other properties. The service life of the land is only forty or fifty years, and when the service life of the apartment expires, you need to pay a high premium to continue to use the land.

2. High taxes and fees make it difficult to change hands;

According to the relevant local policies and regulations, the sale of ordinary residential second-hand houses can be exempted from land value-added tax, but the sale of commercial apartment second-hand houses needs to pay land value-added tax.

Generally, the collection of land value-added tax is based on the bulge of land value-added, that is, 30% to 60% tax is levied on the value-added part according to the bulge of value-added

In addition, a business tax of 5.5% is required according to the total purchase and sale price of real estate. All taxes and fees add up to almost 10% to 14% of the total property purchase and sale price.

3. High mortgage interest rate and short service life;

Commercial apartments will not be affected by residential purchase restrictions and loan restrictions. However, because the apartment is a commercial property, the maximum loan can be 50%, and the longest term is 10 years. And apartments can't borrow provident fund.

4. Management fees and utilities are relatively expensive:

The water and electricity charges of the apartment are charged according to the commercial water and electricity charges. If the water fee standard of residential property is 2 yuan/cubic meter, then the water fee standard of commercial property is about 4 yuan/cubic meter;

The standard of residential electricity charge is 0.5 yuan/kWh, then the standard of apartment electricity charge is about 1 Yuan/kWh.

Can the apartment be mortgaged?

Apartments are mainly divided into serviced apartments and residential apartments, and there are differences between them. Hotel-style apartments are commercial in nature, and so are property rights. The term of property right is usually 40 to 50 years, while the residential apartment is residential in nature and the property right is residential, with the longest term of property right being 700,000.

If it is a serviced apartment, then most banks can't apply for mortgage loans, and only a few banks and non-bank financial institutions can apply for mortgage loans for serviced apartments, up to 50% of the assessed price!

If it is a residential apartment, then most banks can handle mortgage loans for residential properties, and the maximum amount of mortgage loans is generally 70%. At present, the minimum annual interest rate of residential mortgage loans in Shanghai can reach 3.85%!

Ok, today's question about apartment mortgage is over. If you have any other questions about apartment mortgage, please ask and answer them one by one!

Can I get a loan from the bank to buy a complete apartment? How soon can the bank loan be approved?

Can the whole apartment building be mortgaged?

The whole apartment building can be used as a pledge to apply for a mortgage loan in the bank. According to the regulations, commercial and residential buildings with housing ownership certificates, economic and practical houses for more than five years, and public houses purchased at ex-factory prices can all apply for housing mortgage loans. The whole apartment building is essentially a commercial and residential building, and borrowers can apply for mortgage loans as long as they have clear proof of property ownership.

Houses that cannot be used as collateral to apply for mortgage loans in banks include: small property houses without real estate license, houses with outstanding mortgage, second-hand houses with too small building age and total area, affordable houses with less than five years, some public houses, illegal buildings, houses with disputed ownership, houses within the scope of relocation, and houses for public welfare subjects.

How much is the mortgage loan for the apartment building?

According to the regulations, the maximum amount of mortgage loan can reach 80% of the real estate appraisal value, but the specific amount of mortgage loan should be determined according to the borrower's personal qualifications. The better the borrower's personal comprehensive qualification, the higher the loan amount he can apply for. Assuming that the borrower's evaluation value of the whole apartment building is 400,000, according to the proportion of 70%, the borrower can probably get a loan of 280,000.

How soon can the bank loan be approved?

How long it takes for a bank loan to be approved depends on the efficiency of the bank and the type of loan that the customer applies for. Different types of credit business may take different time because the steps are simple and complicated.

For example, if a customer applies for a credit consumption loan, it will be approved within five to seven working days. If you apply for a mortgage loan, it may take another week or two to complete the approval (subject to the actual approval time).

In short, the customer only needs to wait after submitting the loan application. If the approval results come out, financial institutions will naturally inform customers in time, regardless of whether the approval is based or not. If the approval is passed, the notified customer will of course go to the bank counter to sign the loan contract on time, and the financial institution can only make payment after the relevant procedures are completed.

We also need to pay attention to the fact that many credit products issued by financial institutions are approved and paid online, and customers do not need to sign offline. It may take a short time to apply for this kind of loan, and some can even complete the examination and approval on the same day, and then receive the next payment.

Can commercial housing be loaned?

Commercial housing can be loaned.

However, commercial housing must use commercial loans, and the down payment is not less than 50%. Commercial housing refers to self-operated commercial housing or office space, which is different from idle housing. Individuals who purchase commercial housing cannot apply for housing provident fund loans. Commercial housing is commercial in nature, and it is not allowed to enjoy provident fund loans and housing loans, but only for commercial consumption loans. The minimum loan interest rate is 1. 1 times the benchmark interest rate. From the legal point of view, commercial housing refers to all kinds of commercial housing that can be traded freely in the market according to laws, regulations and relevant regulations and are not restricted by government policies, including newly-built commercial housing and second-hand housing (stock housing). Commercial housing can be divided into export commercial housing and domestic commercial housing according to different sales targets.

There are two explanations for commercial housing: first, it can be a storefront or a residence (commercial and residential); Second, downstairs is the storefront, upstairs is the house, and the property right belongs to the same person. The term of land use right, for example, 40 years, is a commercial and residential building, and the down payment is 4.5% of the commercial housing loan interest rate (minimum floating10%); If it is 70 years, it is a house, and the down payment is 20% (the first set) according to the residential mortgage interest rate (the maximum down payment is 30%).

What are the advantages of commercial housing?

1. Unlimited purchase. The biggest advantage of commercial and residential dual-use houses is that they are not limited to purchase. Whether it is Beijing's purchase restriction or Tongzhou's most restrictive purchase order, there is no restriction that commercial and residential dual-use houses and commercial and residential dual-use houses are not the first suites.

Second, the area is small. Small apartments for commercial and residential use are generally relatively small, mostly around 40_~70_, which is very suitable for young people to live or invest.

Third, both commercial and residential, commercial and residential dual-use real estate can live or do business by doing its unique positioning and apartment type, and it is also very suitable for enterprises with low office costs.

Fourth, flexible. Because of the unique regional location, commercial and residential apartments are basically located in the financial city complex, plus small area and strong investment, which is very flexible for the owners and convenient for renting and selling. According to the property law, the house can be automatically renewed after 70 years; For commercial projects, the service life is generally 40 years. The provisions of the Property Law on the follow-up period of the expiration of such places are not clear. In other words, residential land can be automatically renewed after it expires, but commercial land cannot.

Can I get a loan for my apartment?

You can get a loan to buy an apartment.

Taking Xi 'an as an example, according to the Notice of Xi People's Government on Printing and Distributing Several Opinions on Promoting the Stable and Healthy Development of the Real Estate Market in Xi 'an, houses with a single building area of less than 1.44 square meters and an actual transaction price less than 1.44 times the average transaction price of houses (including apartments) on the same level of land can enjoy preferential credit and tax policies for ordinary housing.

However, to apply for provident fund loans for "apartment building" projects, the following conditions must be met at the same time: according to the nature of the land, the planned land is residential land, and when applying for personal provident fund loans, the "apartment building" projects with 70-year property rights are accepted according to ordinary residential standards. Apartment projects that do not meet the above conditions cannot use personal housing provident fund loans.

In order to further relax the conditions of provident fund loans, lower the extraction threshold, expand the scope of use, realize loans in different places in the province, implement portfolio loans, reduce the progress requirements of loan application projects, and comprehensively improve the personal loan rate and utilization rate of housing provident fund. The maximum amount of housing provident fund loans is adjusted to 750,000 yuan; The loan repayment period can be extended to 5 years after the statutory retirement age of employees, with a maximum of 30 years.

Extended data:

The difference between ordinary houses and apartments;

The "Code for Residential Design" and "Code for Residential Building" of the Ministry of Housing and Urban-Rural Development make it clear that residential buildings are buildings for families to live in. Apartments are divided into business apartments and public welfare apartments.

Business apartments are divided into residential, mixed and hotel. Public welfare apartments include student apartments and elderly apartments. There is no obvious difference in the nature and ownership of land between residential apartments and ordinary houses.

Residential apartment land belongs to residential land, with a service life of 70 years (50 years in some places); The land category of mixed apartment belongs to the comprehensive land use life of 50 years; The land category of serviced apartments belongs to commercial land, with a service life of 40 years.