The loan amount of second-hand housing loans is not higher than a certain proportion of the actual transaction price of real estate and the bank's approved evaluation price. The specific proportion is determined by the local bank branch according to the national housing credit policy and the credit status of the loan applicant. The loan term shall not exceed 30 years, and the sum of the loan term and the borrower's age shall not exceed 65 years. The loan interest rate fluctuates in proportion on the basis of the commercial loan interest rate of the same grade in the same period announced by the People's Bank of China. The specific floating ratio is determined by the local bank branch according to the national housing credit policy and the credit status of the loan applicant.
The second-hand house loan should be signed by the seller, because the seller who handles the mortgage loan has to go to the bank to sign the loan contract with the buyer, so as to ensure that the bank can lend the money to the seller's account after the transfer.
Moreover, if the buyer applies for a mortgage loan, the seller's cycle is also relatively long, so if the buyer applies for a mortgage loan, it needs to obtain the seller's consent, and if the seller does not agree, the transaction cannot be reached.
Apply for a loan amount according to your own ability. When applying for personal housing loans, borrowers should make correct judgments on their economic strength and repayment ability, and at the same time make correct and objective predictions on their future income and expenditure.