An apartment purchased in full by an individualcan apply for a mortgage, can apply for a mortgage up to 70% of the price of the house, and must have a purchase contract that has been in effect and is legal.
1, meet the loan conditions of the apartment house can apply for a mortgage, apartment houses are generally commercial properties, but also residential nature, want to apply for a mortgage, then you need to have fixed assets to serve as collateral.
2, the use of apartment houses for mortgage loans need to meet the conditions are: a legal identity, a stable economic income, the ability to repay the loan principal and interest on time, no bad credit record, there is a legal and valid housing transaction contract.
3, the newly purchased house as the highest amount of mortgage, must have a legally valid purchase contract, the age of the house within 10 years and has prepared or paid no less than 30% of the total price of the house purchased down payment.
Apartment mortgage interest rate is generally how much
1, apartment mortgage interest rate is generally in accordance with the interest rate of commercial loans, but there are a lot of banks for apartment loans on the basis of the prime rate of interest rate increased a lot, and even some up about 40%, which is related to the policy of the region.
2, different banks implement the loan interest rate is not the same, the major banks implement the loan interest rate is in the central bank prime rate for floating, floating range is mainly based on the borrower's personal qualifications, the borrower's personal qualifications are better, the loan processing to get the loan interest rate will be more favorable.
3, 0-6 months, APR 4.35%; 6 months - 1 year, APR 4.35%; 1-3 years, APR 4.75%; 3-5 years, APR 4.75%; 5-30 years, APR 4.90%.