When you decide to go to the bank and apply for a mortgage, you first need to know the conditions of the bank. Age is one important factor. What is the age limit for bank loans? Now let's see。

Does the mortgage have an age limit

** Age limit for bank mortgages**

In general, banks have certain age requirements for applicants. Typically, the age range for applying for a mortgage is 18 to 65. However, in individual regions, some banks may extend the upper age limit to 80, which requires a look at bank-specific requirements. For example, in Changsha City, the construction bank had a maximum age of 65 years for men and 60 years for women, while commercial loans were limited to 60 and 55 years, respectively. In addition, if a “child relay loan” is used, the length of the loan may also be calculated on the basis of the age of the child。

** Limitations on length of mortgage**

The maximum length of the loan is also limited and is influenced by three key factors that result in a minimum value as the maximum length of the loan。

1. ** Policy provision**: In accordance with national and local policies, such as that of Changsha City, the term of the commercial housing loan shall not exceed 30 years and the term of the commercial property loan shall not exceed 10 years。

2. ** Age of the house**: usually the age of the house is less than 30 years, but the requirements vary from bank to bank。

** Borrower's age**: Borrower's age generally does not exceed 65 years and needs to meet the “Limitation period + Borrower's age 65” requirement。

It should be noted that mortgage policies may vary from one region to another, depending on where the borrower is located。