Mortgage repayment period, mortgage repayment period.

Legal Analysis: How long is the repayment period of real estate mortgage loan? The longest loan period shall not exceed 30 years, and the second-hand housing provident fund loan shall not exceed 15 years; Mortgage loans are used for personal consumption, and the term is generally within ten years.

Legal basis: general rules of loans

Article 11 Term of the loan: The term of the loan shall be determined by both the borrower and the lender through consultation according to the borrower's production and operation cycle, repayment ability and the lender's capital supply ability, and shall be specified in the loan contract. The longest term of self-employed loans generally does not exceed 10 years. Over 10 years, it shall be reported to the People's Bank of China for the record. The longest discount period of discounted bills shall not exceed 6 months, and the discount period is from the discount date to the maturity date of bills.

Article 12 Loan extension: If the loan cannot be repaid on time, the borrower shall apply to the lender for loan extension before the loan expires. Whether the extension is decided by the lender. When applying for secured loan, mortgage loan or extension, the guarantor, mortgagor and pledgor shall also issue a written certificate agreeing to the extension. If there is an agreement, it shall be implemented in accordance with the agreement. The cumulative extension period of short-term loans shall not exceed the original loan period; The cumulative extension period of medium-term loans shall not exceed half of the original loan period; The cumulative extension period of long-term loans shall not exceed 3 years. Unless otherwise stipulated by the state. If the borrower fails to apply for extension or the application for extension is not approved, the loan will be transferred to the overdue loan account from the day after the maturity date.

What is the longest repayment period of personal housing mortgage loan?

The longest loan period is not more than 30 years, and the second-hand housing provident fund loan is not more than 15 years; Your mortgage loan is for personal consumption, and the term is generally within ten years.

It can only reach about 7% of the appraised value of the house.

Data expansion:

According to the specific loan purposes, the details are as follows:

1: If you mortgage the real estate loan for business, the service life is generally less than five years, and the materials you need to prepare include: the borrower's ID card, household registration book, proof of marital status, original and photocopy of the real estate license, bank flow, 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;

If your mortgage loan is used for personal consumption, the term is generally within ten years. The materials you need to prepare include: 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;

3. If your mortgage loan is used for the purchase of commercial housing, the longest service life is 30 years, and the materials to be prepared include: borrower's ID card, household registration book, proof of marital status, original and photocopy of real estate license, bank flow, proof of large assets, and contract for the purchase of commercial housing.

Loan amount:

1. residence: the maximum loan amount can reach 70%-80% of the appraised price.

2. Apartment: The maximum loan amount shall not exceed 60% of the appraised price.

3. Villa residence: The maximum loan amount shall not exceed 70% of the appraised price.

4. Commercial house: The maximum loan amount shall not exceed 60% of the appraised price.

Information link: Baidu Encyclopedia Housing Loan

How long is the mortgage loan?

In daily life, when we are in urgent need of money, we can use real estate mortgage to make money come faster. Then the question is, how long is the term of the mortgage loan? What are the conditions for real estate mortgage loan? Don't worry, if you are interested in this, you might as well learn from me about real estate mortgage.

How long is the mortgage loan?

1. If the commercial house is used as collateral, the credit period is 5 years, and the credit period that meets the service life of the commercial house shall not exceed 30 years.

2. With the house as collateral, the credit period is 30 years, and the following conditions must be met:

1. The age credit period of the borrower is not less than 60 years, which meets the "double excellent" customer standard issued by the bank.

2. The service life of the house shall not exceed 40 years. On this basis, it is necessary to comprehensively confirm the credit term according to the liquidity of the collateral and the repayment ability of the borrower.

What are the conditions of real estate mortgage loan?

1, age 18 -55 years old; Under normal circumstances, the mortgage loan amount is 50%-70% of the real estate appraisal price; The term of mortgage loan is between 1 year and1year;

2, the age of the room is not more than 20 years; The loan interest rate of mortgage loan is the benchmark interest rate floating10%-20%; Have a certain source of repayment; Personal or company credit is good;

3. At present, there are many types of real estate recognized by banks, including commercial houses, shops, mortgage houses, serviced apartments and office buildings. In addition, personal repayment ability is a very important factor. So, if you can provide proof of assets similar to other houses, vehicles, companies, etc. , can greatly increase the amount of bank loans.

Editor's summary: After reading the above introduction, I believe that everyone has a further understanding of how long the mortgage loan period is and what conditions the mortgage loan has. Please continue to pay attention to our website for more information, and more exciting content will be presented to you later.

What is the longest term of mortgage loan?

Theoretically, the general term of real estate mortgage loan can be up to 30 years.

1. Where the mortgaged property is used for business:

(1) quota: for business purposes, you can generally apply for 70% of the real estate appraisal value at most;

(2) Interest rate: According to the bank policy and the qualifications of borrowers, the interest rate will rise by more than 20% on the basis of the benchmark interest rate;

(3) Duration: generally not more than five years.

2. Mortgaged real estate for personal consumption:

(5) Interest rate: When the mortgaged property is used for personal consumption, the benchmark interest rate will generally be implemented or it will rise by 65,438+00%;

(6) Duration: generally within ten years.

(7) The mortgaged property is used to purchase commercial housing.

Extended data:

Housing mortgage loan is a kind of loan provided by the bank to ensure the safety of the loan. The borrower's real estate, securities and other documents can legally obtain the lien and pledge of the borrower's property through certain contracts. This kind of loan is actually a loan method in which the debtor (mortgagor) legally transfers the property ownership to the creditor (mortgagee) to obtain a loan. During this period, if the debtor fails to repay the loan principal and interest on schedule, the creditor has the right to dispose of the collateral and get priority compensation.

This loan method can reduce the loan risk of creditors and provide the most effective guarantee for creditors to recover their loans. The use of mortgage loan in housing credit is based on the security, liquidity and profitability of bank operating funds.

Because the borrowers of this kind of housing loan are mostly individual residents, and it is impossible for banks to clearly understand the financial strength and credibility of borrowers, which increases the risk of bank loans, and mortgage loans provide creditors with effective protection to recover loans just under the condition of high loan risk. Therefore, most banks use mortgage loans when granting housing loans to individual residents.

Housing mortgage loan refers to a loan in which the borrower takes the purchased house and other property with ownership as mortgage or pledge, or a third party provides guarantee for the loan and assumes joint liability. It is a triangular relationship with housing sales contract, housing mortgage agreement and housing mortgage loan contract as the link.

I. Housing requirements

(1) The property right of the house shall be clear, meet the listing and trading conditions stipulated by the state, and can enter the real estate market without any other mortgage;

(two) the age of the house (calculated from the date of completion of the house) and the loan period can not exceed 40 years;

(three) the mortgaged house is not included in the local urban transformation plan, and there are real estate licenses and land certificates issued by the real estate department and the land management department;

Two. Requirements of the lender

China citizens who have a fixed residence in China, a fixed residence in a local town (or a valid certificate), have full capacity for civil conduct and meet the following conditions may apply for individual comprehensive consumption loans.

1, has a proper occupation and a stable income source, and has the ability to repay the loan principal and interest on schedule;

2. No illegal acts and bad credit records;

3. Being able to provide effective rights pledge guarantee recognized by the bank or legal and effective real estate as mortgage guarantee or a third-party guarantee with compensatory ability;

4. Open a personal settlement account of China Industrial and Commercial Bank, and agree that the bank will deduct the loan principal and interest from its designated personal settlement account;

5. Other conditions stipulated by the bank.

procedure

1. The buyer and the seller sign the house sales contract, and stipulate the down payment, loan and final payment;

2. The purchaser and spouse apply for a loan from the bank, and the seller and spouse are present for confirmation;

3. The bank examines and approves the loan application;

4. The buyer signs a loan and guarantee contract with the bank;

5. The seller transfers the property right of the house to the buyer, and the seller obtains the down payment from the buyer;

6, the buyer and the bank for real estate mortgage registration (or by other natural persons and legal persons to provide phased guarantee for the buyer);

7. The bank issues loans to the seller's account;

8. The buyer and the seller settle the house payment, and the seller obtains the final payment from the buyer;

9. The purchaser takes over the house and repays it on a monthly basis (in the case of installment guarantee, the purchaser and the bank will re-register the house mortgage).