Do commercial loans need social security to buy a house?

Commercial loans do not need social security to buy a house. Although buying a house needs to meet the relevant requirements of social security, it does not require commercial loans. In other words, commercial loans to buy a house are in line with the local housing policy, and the age plus loan period should not exceed 70 years old. At the same time, you need to provide proof of use, proof of identity and proof of income.

What conditions do you need to buy a house with a loan?

1. Property buyers must have valid ID cards and household registration books.

2. Non-local hukou, you can buy a house in Guangzhou as a family, and you must provide social security or tax bills for three consecutive years (36 months) within five years.

3. No matter whether it is a new house or a second-hand house, buyers with foreign accounts can only buy one set.

The buyer must have a down payment of 30% of the total purchase price.

5. Family members of property buyers must have no purchase records in other places.

6. If the buyer has bought a house in other places before, according to the regulations of the second suite, he must make a down payment of 70%. However, if the loan for the first suite has been settled, it can still be implemented according to the provisions of the first suite.

7. Buyers must have good credit, stable income and certain repayment ability.

8. Other conditions stipulated by relevant departments.

What is the application process for commercial loans?

1, application.

After completing the house sales contract, you can submit materials to apply for commercial loans from the bank, including ID card, household registration book, personal credit report, original and photocopy of marriage certificate; Foreign household registration needs to provide temporary residence permit or residence permit; Income certificate issued by the work unit; Sales contract, down payment invoice or receipt; Proof of salary or other assets in the past six months.

2. The bank is under investigation.

After the bank receives the application materials of the loan applicant, it will review the materials. The general review time of commercial loans is 15 working days (the specific time is subject to the bank notice), during which the telephone contact is kept open.

3. Bank verification and approval.

This link is an important link in commercial loans, and the lending bank will verify the housing situation, the borrower's qualification and credit status.

4. Both parties shall go through relevant formalities.

After the loan is approved, open an account in the bank, apply for a debit card and sign a loan contract. At the same time, handle mortgage, guarantee, pledge, insurance and other related guarantee procedures. Important note: When signing a loan contract and handling the guarantee procedures, you must know the detailed rules in the contract, make clear your rights and obligations, and avoid unnecessary misunderstanding.

5. Banks issue loans.

After all the loan procedures are completed, if you buy a new house, the bank will put the loan funds into the account of the real estate developer. When buying a second-hand house, the bank will directly remit the loan funds to the seller's account, and the loan relationship will be established, and the lender will repay the loan according to the regulations.