Do you need social security to buy a house with a loan?

Can I borrow money to buy a house without social security?

You can apply for a mortgage without social security. We don't have social security to provide tax payment certificates for the corresponding years. Non-local household registration personnel who meet the requirements of the settlement policy can apply for settlement before buying a house. Generally, there is no time limit for local household registration buyers to pay social security. There is generally no time limit for social security payment when buying a house in a non-restricted city.

Can I borrow money to buy a house without social security in a local account?

If you need to apply for a personal first-hand housing loan, you must meet the following conditions:

1. Have permanent residence or valid residence status in China (foreigners can also apply, please refer to relevant local regulations for details);

2. Have stable professional and economic income, good credit and the ability to repay the principal and interest of the loan;

3, has signed a contract or agreement to buy housing;

4. Must pay the down payment of the purchased house that meets the requirements of relevant regulations;

5. Provide effective guarantee recognized by the lender, etc.

For details, please consult the local branch of Bank of China.

The above contents are for your reference. Please refer to the actual business regulations.

I registered in Shenzhen and applied for a commercial loan from the bank to buy the first suite. Do I need to pay social security for one year?

No, if you apply for a provident fund loan, you need to pay social security for one year. The conditions for applying for commercial loans are as follows:

1, with legal residence status;

2. Have a stable occupation and income;

3, have the ability to repay the loan principal and interest on schedule;

4. There are assets recognized by the loan bank that can be mortgaged or pledged, or (and) there are guarantors who meet the prescribed conditions for their guarantee;

5, there is a contract or agreement to buy housing;

6. When applying for a loan, there is a deposit of not less than 30% of the funds required for house purchase in CCB. If the house payment has been paid in advance to the selling unit, the original and photocopy of the payment receipt are required;

7. Other conditions stipulated by the lending bank.

Can I borrow money to buy a house without social security?

Many people will choose to buy houses and settle in cities such as Beijing, Guangzhou and Shenzhen. When they buy commercial housing and apply for housing loans, they usually submit social security, income certificates and other related materials. Can I apply for a housing loan if I don't pay social security? Next, I will briefly introduce it to you.

1. You can apply for a mortgage without social security. Many cities have introduced purchase restriction policies, stipulating that non-local household registration personnel need to submit social security or tax certificates for several years before buying a house. For example, in Beijing, Shanghai and Shenzhen, non-local residents are required to pay social security or individual taxes for five consecutive years before they can buy a house. Those who have no social security and can provide tax payment certificates of corresponding years and meet other local housing conditions can obtain the qualification to purchase houses and apply for bank loans.

2. Local registered families can apply for bank loans and do not need social security when purchasing commercial houses. Because most cities have no time limit for social security payment for local registered buyers, they only limit the number of purchases. If a family with foreign household registration does not have social security and wants to buy a house, it can also apply to settle in the local area, so that it has the qualification to buy a house with local household registration.

If there is no local purchase restriction policy, we are eligible to buy a house without social security. When applying for a bank loan, you should clearly know what materials need to be submitted for a bank housing loan, because the approval conditions of each bank will be different, and some banks need applicants to submit social security certificates; Some banks only need bank running water and employment certificates, and do not need to submit social security.

Let me sum up: I would like to briefly introduce the question of whether I can borrow money to buy a house without social security. I hope that after reading this article, I can provide you with reference and help when buying a house in the future. You'd better pay social security on time and never pay it off, so as not to affect our future purchases.

Let's stop here for the introduction of loan to buy a house and social security.