(1) has legal status;
(2) Have a stable economic income, the ability to repay the principal and interest of the loan, and no bad credit record;
(3) There is a legal and effective purchase contract;
(4) If the newly purchased house is used as the maximum mortgage, it must have a legal and effective purchase contract, the age of the house is within 10 years, and a down payment of not less than 30% of the total price of the purchased house has been prepared or paid;
(5) Housing mortgage loan has been purchased and handled, the original housing mortgage loan has been repaid for more than one year, the loan balance is less than 60% of the value of the mortgaged house, and the mortgaged house has obtained the property ownership certificate, and the age of the house is within 10 years;
(6) Being able to provide effective guarantee recognized by the loan bank;
(7) Other conditions stipulated by the lending bank.
4. Loan amount: the maximum amount shall not exceed 70% of the purchased house price;
5. Loan term: Generally, the longest loan term is 30 years. If the newly purchased house is used as the maximum mortgage, the starting date of the validity period is the day before the signing date of the individual housing loan contract; If the original mortgage loan of China Construction Bank is converted into the maximum mortgage loan, the starting date of validity is the day before the original mortgage loan issuance date;
6. Loan interest rate: The loan interest rate is the same as the individual housing loan interest rate.
Mortgage form
Mortgage is divided into two forms: maximum mortgage and traditional mortgage. Maximum mortgage means that the mortgagor and the mortgagee agree to use collateral to guarantee the creditor's rights that occur continuously in a certain period of time, which is a new mortgage system different from the traditional mortgage system. Compared with the traditional mortgage system, the difference lies in:
(1) The creditor's rights secured by the maximum mortgage amount are uncertain creditor's rights;
(2) The creditor's rights secured by the maximum mortgage are usually future creditor's rights;
(3) if there is a maximum mortgage, it must exceed the maximum payment;
(4) The maximum mortgage shall not be transferred with the transfer of the principal creditor's rights. Although the maximum mortgage is more independent than the traditional mortgage, it still belongs to the collateral, and its establishment mode and effect are not essentially different from the traditional mortgage.
Before you apply for a mortgage, you must determine its interest rate. After calculation, you can afford these loans in the future. If you can't afford them, I suggest you don't rush to make a mortgage.