Commercial loan, as its name implies, is to apply for a commercial loan from a bank to buy a house. As a commercial housing loan, banks must abide by relevant regulations, processes and steps. Today, Bian Xiao will discuss with you the process and conditions of buying a house with a regular commercial loan.
Conditions that the lender must meet at the same time
(1) has legal status;
(two) a stable economic income, good credit and the ability to repay the principal and interest of the loan;
(3) There are legal and effective housing purchase and overhaul contracts and agreements and other supporting documents required by the loan bank;
(4) Having self-raised funds of more than 30% of the total price of the purchased (overhauled) house, and guaranteeing to pay the down payment of the purchased (overhauled) house;
(5) There are assets recognized by the loan bank for mortgage or pledge, or (and) legal persons, other economic organizations or natural persons with sufficient compensation capacity as guarantors;
(6) Other conditions stipulated by the lending bank.
Information to be submitted when applying for a loan
(1) individual housing loan application;
(2) Copy of identity documents (resident identity card, household registration book, military officer's card, passports of overseas and foreign natural persons with the right of abode in Chinese mainland, family visit cards, home visit cards and other residence documents or other identity documents);
(3) The borrower's certificate of stable economic income or other proof of solvency issued by the competent department recognized by the handling bank;
(4) Legal house purchase (overhaul) contracts, agreements and relevant approval documents;
(5) List of collateral or pledge rights and ownership certificate, certificate of consent to mortgage or pledge issued by the demolished person, and collateral evaluation report issued by an evaluation agency recognized by the loan bank;
(6) The written commitment to provide guarantee issued by the guarantor and the credit certificate of the guarantor;
(7) The borrower intends to provide pledged bank deposit certificates, voucher-type treasury bonds and other securities to the lending bank;
(8) Relevant certificates of self-raised funds used by the borrower to purchase (overhaul) the house;
(9) House sales (pre-sale) license or the property ownership certificate of the building (existing house) (copy);
(10) If the borrower's spouse and * * * both apply for a loan, they should clearly fill in the relevant information of the spouse in the loan application form, and show their marriage certificate and household registration book;
(1 1) Other documents and materials required by the lending bank.
loan limit
The maximum is 70% of the total price or evaluation value of the purchased (overhauled) house (whichever is lower);
deadline
Generally, the longest is not more than 30 years.
loan rate
In 20 16, the loan interest rate of Changzhou commercial loan was 4.9%, and according to Sohu Focus, most bank mortgage interest rates have a 10% discount.
Loan process
If you buy a new commercial house, the developer will help you with the mortgage procedures. In addition to providing the mortgagor's ID card and household registration book (home page+single page), the married person provides a marriage certificate, and the unmarried person provides a single certificate from the Civil Affairs Bureau. And proof of income, such as operating salary, tax payment certificate, etc. The real estate consultant will inform the specific materials in detail!
(The above answers were published on 2016-11-23. Please refer to the actual situation for the current purchase policy. )
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