Do commercial loans need social security? Do commercial loans need social security?

What are the conditions for buying a house by loan?

Nowadays, housing prices in large and medium-sized cities are rising, and people usually have to pay hundreds of thousands, millions or even tens of millions for buying a house. Many people can't pay the house price in one lump sum, so they will choose loans to buy a house. So what conditions do we generally need to meet when applying for a loan to buy a house? Next, Bian Xiao will briefly introduce it to you.

1. Before we borrow money to buy a house, we still need to see if it meets the requirements of the local housing policy. Because many cities stipulate that foreigners need to pay social security for a certain number of years when buying a house locally, and there is no house in the local area. For example, foreigners need to pay more than 1 year for buying a house in Shenzhen, and more than 2 years for buying a house in Xiamen.

2. Applying for a commercial loan to buy a house also needs to meet the requirements of the loan bank. For example, the applicant has reached the age of 18, is a person with full capacity for civil conduct and holds valid identification; The applicant has a stable job and can repay the principal and interest on time; Having collateral recognized by the bank, or a guarantor capable of repaying the loan; The applicant has signed a house purchase contract with sufficient down payment with the seller; The applicant has good credit and other conditions stipulated by the bank.

3, provident fund housing loans to buy a house and commercial loans to buy a house are very similar. However, only those who have participated in the housing provident fund can apply for housing provident fund loans, and applicants need to pay the housing provident fund continuously for more than half a year. In addition, the borrower and the buyer must be consistent. And you need to pay off the provident fund loan you applied for before you can apply for a provident fund loan again.

Bian Xiao concluded: What conditions do you need to buy a house with a loan? Bian Xiao introduced it here. The housing loan policies of different banks will be different. Before you apply for a loan to buy a house, you should ask about the bank's loan policy. Because the interest rate of provident fund loans is relatively low, everyone tries to apply for provident fund housing loans.

Can I buy a house with a social security loan without a provident fund for a foreign hukou?

One: without housing provident fund, you can't make provident fund loans, you can only choose commercial loans, and the loans have nothing to do with social security.

Two: commercial loans pay higher interest than provident fund loans, but in fact provident fund loans are more complicated and have longer delays than commercial loans.

Three: commercial loans, your foreign loans have problems, that is, your repayment ability. You must talk to the bank about it and see if they agree. Therefore, some friends said that it would be more convenient to find a local company to hang up.

First of all, your procedure is to determine which commercial bank you want to borrow from. If you sell a house, they have a lot of banking people to cooperate or promote it. You can consult before choosing. In fact, the loan interest rates are almost the same.

Then the other party will ask you to provide a series of materials. You need to provide your household registration book (if you are an individual, if you bought it together, such as with a friend or lover, then you should also provide the other person's household registration book), your ID card and proof of income. This is the key. Every bank needs you to provide it. Married people can provide marriage certificates, and unmarried people can provide single certificates. According to the requirements of banks, some banks require.

Does mortgage to buy a house need social security?

Buying a house with a mortgage requires social security.

Detailed:

At present, due to the housing purchase restriction policy, buying a house requires local conditions. Note that the local social security is one year (different cities have different regulations, basically one year) and there is also a tax record for one year (that is, you have lived here for at least one year) to limit real estate speculation.

Supplement: What is social security?

Social security is the abbreviation of social insurance. Social insurance refers to a non-profit social security system with income redistribution function, which is used by the state to prevent and force most social members to participate.

Social insurance is a social and economic system that provides income or compensation for those who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons.

This concludes the introduction of whether commercial loans need social security and whether commercial loans need social security. I wonder if you have found the information you need?