THE AMOUNT OF THE MORTGAGE WILL NOT NORMALLY EXCEED 701 TP3T OF THE VALUE OF THE MORTGAGE, WHICH IS DETERMINED BY THE VALUE OF THE MORTGAGE. SO, HOW MUCH CAN THE MORTGAGE BE? WHAT ARE THE TERMS OF THE MORTGAGE

Interest on real estate mortgages

INTEREST ON MORTGAGES ON PROPERTY CERTIFICATES: 6% PER YEAR. THE BASE INTEREST RATE FOR BANK LOANS FOR MORE THAN FIVE YEARS IS 6.14%. TEN YEARS IS 6.551 TP3T. THE LOAN LINE IS 601 TP3T - 701 TP3T (DIFFERENT BANKS) OF THE TOTAL PRICE ASSESSED FOR HOUSING. THE MORTGAGE IS CONDITIONAL ON THE REPAYMENT OF THE HOUSING LOAN, FREE OF COLLATERAL, WITH A PROPERTY CERTIFICATE, A TAX CERTIFICATE AND A LAND CERTIFICATE。

With the registration of the property certificate, the respective identity card, the household register, the marriage certificate and the above-mentioned three-licensed housing, as well as proof of their respective income, the person concerned, together with the spouse, will consult the local commercial bank on the application for mortgages。

II. Real estate mortgage line

Mortgage loans are loans secured by the borrower to the bank with a certain amount of collateral. It is a form of lending by a bank, a mortgage that typically includes marketable securities, bonds, various shares, real estate, and bills of lading, bills of lading or other documents proving ownership of the goods. If the loan expires, the borrower must return it in full, otherwise the bank has the right to treat the collateral as compensation。

Designing appropriate credit products for different consumer needs and loan recipients, with clear access criteria to effectively meet financial consumption needs. Individual portfolio loan types that are tied to individual combined consumption loans may not be used to convert into down payment requirements for housing mortgages。

The amount and duration of the individual ' s combined consumption loan is determined in a reasonable manner, and in principle the individual ' s combined consumption loan is granted for a period not exceeding 1 million yuan and not exceeding 10 years. The amount and duration of the loan shall be carefully controlled in cases where family members apply for individual CPIs。

As a result, the banks now have a more stringent system for processing personal housing loans and auditing, which can last up to 10 years at a maximum of 1 million。

III. Determinants of real estate mortgage lines

1. Relates to real estate valuation. In most cases, mortgages on property will not exceed 70 per cent of the evaluated value of the property. With the exception of some bank products, some banks target the owner of the business up to 1.2 times the value of the loanable property. The most common case is that the loan cannot exceed the value of the house。

Purpose of the loan. The amount of the loan cannot exceed the amount required for the purpose of the loan, or just a few percent。

3. Personal qualifications. This is the combination of the ability of borrowers to repay and the status of letters of credit. If the bank considers the borrower to be of poor quality, the real amount of the mortgage on the property will be lower than the above。

That's how much mortgages are available. What is the relevant content of the mortgage conditions. In the light of the above, with regard to the level of mortgages for housing, the banks now have a more stringent system of personal housing loan conditions and auditing, which can last up to 10 years, with a maximum of 1 million. The amount and duration of the loan shall be carefully controlled in cases where family members apply for individual CPIs。