What is a home loan? What are the application conditions for housing mortgage loan?

First, what is a mortgage? What are the application conditions for housing mortgage loan?

I often see the words "housing loan" in the news, and many friends don't understand it. Today, I will explain to you what housing loan is, and popularize the application conditions, loan interest rate, loan term and loan amount of housing loan. I hope it will help you. 1. What is a housing loan? Housing mortgage loan refers to the borrower's application for a one-time or recycled RMB loan from the bank with the real estate (residence, commercial and residential dual-use house) under the name of a natural person as collateral for consumption or business purposes. 2. Take Agricultural Bank of China as an example for mortgage loan application conditions (1). The borrower is between 18-60 years old; Having People's Republic of China (PRC) nationality, full capacity for civil conduct and legal and valid identity documents; (2) The borrower and spouse meet the credit record conditions stipulated by the bank; (3) If the loan is used for consumption, the credit score is above 580 (inclusive), and if the loan is used for business, the credit score is above 465 (inclusive); (4) Having a fixed residence or a stable work unit; (5) Stable income and the ability to repay credit on time; (6) The purpose of the loan is reasonable and clear; (seven) to open a personal settlement account in China Agricultural Bank. 2. The mortgage interest rate fluctuates according to the benchmark interest rate stipulated by the central bank, and relevant policies are implemented. 3. If the mortgage term is non-cyclical, the longest loan term is 10 year; If the self-service circulation mode is adopted, the longest order period is 5 years; If the non-self-service circulation mode is adopted, the longest term is 10 year. 5. The amount of mortgage loan is determined according to the value of collateral, mortgage rate and solvency. In principle, the maximum loan amount of a single customer shall not exceed100000 yuan.

2. What are the mortgage loans for single-signed houses?

The single-signed house purchase loan is as follows:

When a married couple applies for a mortgage loan, it can be called a single signature, but in practice, both husband and wife need to sign.

When the bank handles mortgage loans, it will let a third party evaluate the house and then determine the amount that the borrower can borrow. Usually, the loan amount is about 70% of the assessed amount. If the loan amount can't meet the needs of the borrower, you can submit new collateral or reduce the loan amount.

3. Why does the mortgage bank require the signing of a contract for the purchase and sale of materials?

Well, the bank should know what your money is for.

4. What are the types of personal mortgage loans?

Specific process of personal mortgage housing loan:

1. Apply for a loan from the bank,

2. After the acceptance of the bank, evaluate the value of the mortgaged property and approve the loan amount according to the evaluated value;

3. Sign a loan contract, etc. ;

4. Apply for real estate mortgage registration;

5. Bank loans

You can also consult Beijing Tenghui Xinde Beijing Rongdexin. Is the bank designated personal mortgage housing loans, real estate mortgage loans, housing property transfer guarantee company!

Information required for personal housing mortgage loan:

1. The borrower's valid ID card and household registration book;

2. Proof of marital status, unmarried persons need to provide proof of unmarried, and divorced persons need to issue a civil mediation or divorce certificate (indicating that they have not remarried after divorce);

3. If you are married, you need to provide your spouse's valid ID card, household registration book and marriage certificate;

4. The borrower's income certificate (salary income certificate or tax payment certificate for half a year);

5. Real estate title certificate;

6. Guarantor (ID card, household registration book, marriage certificate, etc. Is required)

Please note:

1. The loan can only use collateral, and the sum of the loan amount and the interest during the loan period cannot exceed1/2 of the assessed value of collateral;

2. Have a long-term and stable income source, enough to pay the monthly loan principal and interest;

3. Guarantor;

The loan needs to pay lawyer's witness fee, mortgage registration fee, mortgage property insurance fee, property appraisal fee, etc.

General loans take about 15-20 working days!