When approving the application, the bank will make a comprehensive assessment based on factors such as the type of business you apply for, your personal solvency, and your credit status. Therefore, it can only be confirmed after applying for approval at the counter.

1. Loan conditions

The borrower must meet the following conditions at the same time:

(1) Have a legal identity.

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

(3) Have legal and valid contracts, agreements for the purchase, construction, and overhaul of housing, as well as other supporting documents required by the lending bank.

(4) Self-raised funds for more than 30% of the total price of the house purchased (for those who purchase self-occupied houses with a floor area of ??less than 90 square meters, the self-raised funds ratio is 20%), and Guaranteed to cover a down payment on a home you are purchasing.

(5) There are assets approved by the lending bank for mortgage or pledge, or (and) a legal person, other economic organization or natural person with sufficient solvency as a guarantor.

(6) Other conditions stipulated by the lending bank.

2. Information provided

1. ID cards of the borrower and his wife (original and two copies);

2. Household register (original) One copy);

3. Marriage certificate (original and one copy);

4. If you are not married, you need to fill in the unmarried declaration, and our bank will keep the original;

5. Divorced or widowed persons need to provide divorce certificates, agreements, judgments, and spouse’s death certificates (original and one copy);

6. Families planning to purchase a house (including borrowers, spouses and future A copy of the property certificate of the complete house actually owned by the member (adult children).

3. Mortgage policy

In order to curb the rapid rise in housing prices, the State Council issued the "Ten National Articles" in April 2012 requiring financial institutions to implement differentiated credit for personal first mortgage loans:

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1. For families purchasing their first home with a floor area of ??more than 90 square meters (including the borrower, spouse and minor children, the same below), the loan down payment ratio shall not be less than 30%;

2. For families purchasing a second home with a loan, the down payment ratio of the loan shall not be less than 50%, and the loan interest rate shall not be lower than 1.1 times the benchmark interest rate;

3. For those who purchase a third or higher house with a loan, the loan down payment ratio and loan interest rate should be significantly increased, and the details shall be determined independently by commercial banks based on risk management principles.

Extended information:

Mortgage repayment

House loan repayment methods with a loan period of more than one year generally include equal principal repayment and equal principal and interest repayment Two kinds.

1. Equal-amount principal and interest repayment method

Equal-amount principal and interest is the default repayment method of the bank. It means that the borrower repays the loan principal and interest in equal amounts every month, also known as the equal-amount method. .

Its characteristic is that the monthly repayment of principal and interest is the same. Although this repayment method is easy to budget and reduces the initial repayment pressure, the initial interest of the repayment accounts for the majority of the monthly repayment. , the proportion of principal in repayment gradually increases, and the proportion of interest gradually decreases, thereby achieving a relative balance. This method of repayment carries high interest rates, but the initial repayment pressure is not high. This repayment method is suitable for ordinary wage earners.

Calculation method:

[Loan principal×monthly interest rate×(1+monthly interest rate)^number of repayment months]÷[(1+monthly interest rate)^number of repayment months -1]

Equal principal repayment is also one of our common repayment methods. Equal principal repayment means that the borrower repays the principal in equal installments every month. The loan interest decreases with the principal monthly. The amount also decreases month by month, so it is also called the decreasing method.

Its characteristic is that the principal is repaid the same every month, and the interest is calculated daily based on the loan principal amount. The initial repayment amount is larger, and the monthly repayment amount gradually decreases. This type of repayment method has low interest rates, but the early repayment pressure is high. Therefore, this repayment method is suitable for families with better economic income.

3. Calculation formula for equal-amount principal repayment:

Monthly repayment amount = (loan principal/number of repayment months) + (principal - accumulated principal repaid Amount) × monthly interest rate.

Baidu Encyclopedia-Personal Housing Loans