When it comes to loans for the purchase of a house, do you share the pressure of the majority of people over high house prices until the years pass and there are plans to buy a house? Well, I'm sure you're curious about a question: I'm 42, can I borrow for 30 years? Let's get a little closer together。

What's the type of loan

First, let's answer that question. In fact, if you're 42 years old, you can only borrow 28 years. It is not that I let you down, but because the upper limit of the loan age stipulates that the loan period cannot exceed 70 years of age. Although the current latest mortgage policy allows for a maximum of 30 years, this remains the upper limit of your lending age. For women, because of their lower age limit, the duration of the loan may be less than 18 years。

Again, loans are often referred to, but do you have any idea of the type of industry behind them? Here, I'll show you exactly. A personal consumption loan helps you to buy electricity, travel, or spend on personal consumption, such as medical beauty, for the purchase of a house or the renovation of a house is called a personal mortgage. If you need to buy a vehicle or other stagger, that is the scope of a personal car-aided loan; personal business loans, education loans, agricultural loans, business loans, etc., are used in different areas such as entrepreneurship investment, learning education, farming operations, business operations, etc. In addition, there are more types of real estate development loans, factoring loans, investment loans, etc。

For your part, it is hoped that with this information you will have a clearer understanding of the loan and your ability to lend for 30 years. Thank you for reading, and I hope this text will provide you with the help you need。