How much can a store mortgage loan borrow
The amount of a store mortgage loan is 8% of the appraised value of the house. The term of new house loan shall not exceed 3 years, and the term of second-hand house loan shall not exceed 2 years.
The mortgage loan requires the service life of the house to be within 2 years; It has strong liquidity. The loan interest rate shall be implemented according to the loan interest rate at the same level in the same period stipulated by the People's Bank of China.
"Age of the borrower" is generally not more than 7 years old. Basic conditions for applying for a loan:
1. A natural person with Chinese nationality and full capacity for civil conduct;
2. Hold valid identity documents;
3. Have a stable and legal income source;
4. The mortgaged real estate has a real estate license, with clear property rights and can be listed for circulation;
5. Other conditions stipulated by the bank.
loan amount and term:
1. The interest rate of commercial housing mortgage loan can reach 8%;
2. The mortgage rate of office buildings and shops can reach 6%;
3. The mortgage rate of industrial plants can reach up to 5%;
4. Up to 3 years; Mortgages include shops, office buildings, houses, villas, factories and warehouses.
the longest credit period shall not exceed 3 years, the life of purchased real estate (referring to the completed life of real estate) shall not exceed 2 years, and the loan period plus the age of mortgaged real estate shall not exceed 4 years. Specific application time limit, need to submit relevant materials. Second-hand housing loan/credit period shall not exceed 3 years. The term of your loan is determined by the handling bank after you submit the housing loan and other related materials.
policies related to store loans
1. The credit terms and loan interest rates of intellectual property rights adopt a risk pricing mechanism, and in principle, they will rise by no less than 1% on the basis of the benchmark interest rate stipulated by the People's Bank of China. According to the cash flow of the enterprise, flexible and diverse repayment methods can be adopted, including full loan repayment, full loan zero compensation and zero loan zero compensation, and repayment can be made at any time as needed. Enterprises can flexibly arrange their own debts according to their own production cycle and production enthusiasm.
2. The development of intellectual property business of small and medium-sized enterprises has played a promoting role in solving the problems of scientific and technological enterprises with independent intellectual property rights, accelerating the market-oriented transformation of intellectual property rights and improving the quality of intellectual property rights. The core competitiveness of enterprises. From a more far-reaching point of view, the introduction of intellectual property rights is conducive to a deeper understanding of the value and role of intellectual property rights in practice, stimulating the innovation ability of enterprises and awakening the awareness of "intellectual property strategy". .
3. In terms of preferential policies, up to now, the Beijing Zhongguancun Intellectual Property Promotion Bureau and the Municipal Science and Technology Commission have given loans to customers who have obtained patents from Beijing Branch at a certain percentage of the benchmark interest rate and repaid the principal and interest on schedule.
how many years can a shop loan last?
1. The maximum loan period for shops is 3 years, and the mortgage loan of real estate is required.
2. When applying for a store bank loan, you need the borrower's identity certificate, income certificate, store purchase certificate, mortgage certificate and other conditions proposed by the bank. At the same time, after correctly submitting the application materials, the borrower should also provide proof of down payment of more than 5% of the purchase price of the store. Store loans can last up to 1 years.
3. The repayment method of store loans is also very flexible. If the borrower's loan term is less than 1 year (including 1 year), the principal and interest of the loan can be paid off in one lump sum or repaid monthly. If the loan term is 1-1 years (including 1 years), the borrower shall repay the loan on a monthly basis.
4. Take Guangzhou as an example. The longest loan for shops in Guangzhou can reach 1 years. According to the regulations of various banks, interest rates are different, and they are raised by 1%, 15% or other interest rates. It depends on the bank loan. The shops are not limited to purchase, and the second set has the same interest rate. The second set is not required to rise like a mortgage. It should be noted that the store loan interest rate has been raised. The second set of store loans is the same as the first set, providing relevant information to the bank for approval.
Can shops make mortgage loans?
Of course. Shops can apply for mortgage loans, and they need to apply for loans through real estate mortgage or business license. Shops mortgage loan refers to the short-term loan business provided by banks to borrowers to meet their production, operation, investment or consumption needs, with commercial premises legally owned by borrowers or third parties as collateral. Therefore, as long as the store meets the conditions of mortgage loan and the documents are complete, the applicant also meets the conditions for applying for loan. If it is a shop for rent, you can also apply for a mortgage loan at the bank.
[ Legal Basis ]
Interim Measures for Personal Loans
Article 11 To apply for personal loans, the following conditions shall be met:
(1) The borrower is a citizen of the People's Republic of China with full capacity for civil conduct or an overseas natural person who meets relevant state regulations;
(2) The purpose of the loan is clear and legal;
(3) The amount, duration and currency of the loan application are reasonable;
(4) The borrower has the willingness and ability to repay; (5) The borrower's credit status is good and there is no significant bad credit record;
(6) Other conditions required by the lender.
Is there a mortgagor in the commercial loan contract?
Yes
In the loan contract, the lender usually requires the borrower to provide guarantee, including mortgage guarantee. In the legal relationship of mortgage guarantee, the lender is the mortgagee and the borrower is the mortgagor.
What do you mean by commercial loans?
Commercial loans are loans used to supplement the working capital of industrial and commercial enterprises. According to relevant laws, general commercial loans refer to short-term loans with a term of no more than one year, but there are also a small number of medium-and long-term loans. There is no limit to the maximum amount of commercial loans.
the repayment methods of commercial loans and mortgage loans are also different. Commercial loans are the way for buyers to borrow money from banks. Generally speaking, as a buyer, you use the house you bought as collateral to sign a commercial contract with the bank, with no transfer of ownership as a guarantee to repay the loan to the bank in time. This kind of loan should repay the principal and interest to the bank in accordance with the contract, and then get back the collateral "house ownership certificate" and "land use certificate". In other words, before you pay off the loan, the ownership of the house is not yours. If you default, the bank has the right to dispose of the house. Commercial loans are usually short-lived and usually paid off within five years. And mortgage loan is just like installment payment now. You can get the ownership of the house by installment payment. As long as you pay the money, the house is yours.
Personal housing commercial loans are self-operated loans issued by banks. Specifically, it refers to a natural person with full capacity for civil conduct who, when buying his own town house in this city, uses his own property house or other guarantees approved by the bank as collateral and applies for commercial housing loans from the bank as collateral. Mortgage loan is a form of commercial loan. Personal housing commercial loan is a loan that Chinese citizens apply to the bank to buy commercial housing. According to the relevant bank regulations, those who meet one of the following two conditions can apply for loan types: first, residents who participate in housing savings; Second, there is an agreement between the housing seller and the loan bank. The housing seller and the loan bank have reached an agreement, and the real estate guarantee enterprise will provide guarantees to the bank for residents' housing loans.
for loans for urban residents to buy ordinary houses, the legal loan interest rate shall be implemented. Many commercial banks in Beijing have such businesses, such as CCB and ABC. The procedures for applying for a loan are basically the same. Commercial loans are loans used to supplement the liquidity of industrial and commercial enterprises, usually short-term loans, with a general term of about 9 months and a maximum of one year, but there are also a small number of medium-and long-term loans. Such loans are the main part of commercial bank loans, generally accounting for more than one third of the total loans.
How to handle mortgage loan
Legal analysis: The process of handling mortgage loan is as follows: 1. The borrower applies to the loan bank for mortgage loan. 2. The loan bank approves the loan application. 3. The borrower shall go through the guarantee formalities with the loan bank and mortgage the collateral. 4. Sign a loan contract. 5. The loan bank issues loan funds to the borrower's account.
legal basis: commercial bank law of the people's Republic of China.
article 35 when issuing loans, commercial banks should strictly examine the borrower's borrowing purpose, repayment ability and repayment method. Commercial bank loans shall be subject to the system of separation of loan examination and grading examination and approval.
Article 36 A borrower shall provide a guarantee for the loan of a commercial bank. Commercial banks should strictly examine the repayment ability of guarantors, the ownership and value of collateral, and the feasibility of realizing collateral.
after examination and evaluation by the commercial bank, it is confirmed that the borrower has good credit standing and can repay the loan, and no guarantee is required.
article 37 a commercial bank shall conclude a written contract with the borrower when granting loans. The contract shall stipulate the type, purpose, amount, interest rate, repayment period, repayment method, liability for breach of contract and other matters that both parties think need to be agreed.
What's the difference between real estate commercial loans and mortgage loans
There are two main differences between commercial loans and mortgage loans:
1. Commercial loans are relative to provident fund loans, and the interest rate is higher than provident fund loans. Mortgage loan is to mortgage houses, shops, office buildings, etc. without loans in the bank and lend money from the bank.
2. The interest rate of commercial loans is generally lower than that of mortgage loans, and the first set is between .9 and 1.1 times the current standard interest rate of general execution funds, and the second set is not less than 1.1 times. The interest rate of mortgage loans is generally 1.1 times higher than the benchmark interest rate. The premise of mortgage loan is that you must have real estate as collateral, and ordinary commercial loans can use the real estate you bought to borrow money.
1. Materials to be prepared for the loan business of house buyers:
1. Provident fund loans: the identity certificates of the lender and spouse, the borrower and the marriage relationship certificate; Borrower's (husband and wife's) bank card; Purchase contract or agreement.
② Portfolio loan: the identity certificate of the lender, spouse, borrower and marriage relationship certificate; Borrower's (husband and wife's) bank card; Proof of professional income of the borrower and * * * the same borrower; Purchase contract or agreement.
③ commercial loans: proof of identity and marriage relationship of the lender and spouse, * * * and borrower; Proof of professional income of the borrower and * * * the same borrower; Purchase contract or agreement.
2. The process and procedures of mortgage loan are as follows:
1. The borrower applies for a loan at the loan bank.
2. After the loan bank has passed the examination, it will issue a letter of intent for the loan, and the borrower will receive and fill in the loan form.
3. The borrower who borrows money to buy a house sells it with the letter of intent for the loan, and the unit under construction signs a contract or agreement for purchasing a house.
4. The borrower signs a mortgage contract with the loan bank and deposits the self-raised funds into the loan bank.
5. The borrower who handles the mortgage of real estate shall go to the property right department to handle the "Property Ownership Certificate" and "Confirmation of Real Estate Mortgage".
6. For the loan for house purchase, the loan bank will transfer the loan together with the borrower's down payment to the account of the house selling unit.
7. After the loan is paid, the borrower shall repay the bank loan on a monthly basis.
Third, the way of mortgage repayment
1. Matching principal and interest repayment
Matching principal and interest repayment means that the total amount of loan principal and interest added is evenly distributed to each month, and the monthly payment is equal, but the monthly payment of principal increases month by month and the interest decreases month by month. This kind of repayment method, the interest decreases month by month, which seems to be more cost-effective. In fact, when the monthly interest is added up, the total amount is relatively large. Matching principal and interest repayment method has the same monthly repayment amount, which is more suitable for workers with stable income, such as employees of some enterprises and institutions.
2. Matching principal repayment
Matching principal repayment is to allocate the loan principal to each month, and the monthly payment will gradually decrease, the principal amount will remain unchanged, and the interest will decrease month by month with the increase of repayment amount, but the interest in the previous period will be more. Therefore, if you choose this repayment method, the repayment pressure will be greater in the early stage and easier in the later stage. Compared with the repayment method of equal principal and interest, the overall repayment interest is lower, and the repayment burden is not so heavy, except that the repayment pressure in previous periods will be greater. People with higher wages, such as senior executives, gold collars and returnees, are suitable for this kind of repayment.