individual housing loans mean the lender to a borrower for the purchase of housing and urban residents repair their own use, built-occupied housing (excluding export Housing) loan. Lenders extended housing loans to individuals, the borrower must provide guarantees. Borrowers due to the repayment of principal and interest for loans, lenders have the right to deal with their collateral or qualitative material, or by the guarantor to repay debt associated responsibilities.

(1) is a basic condition for the borrower to the full civil capacity of natural persons, and have the following conditions :

1, a town resident accounts or valid residency;

2, a stable job and income, good credit, loan servicing capacity;

3, a housing contract or purchase agreement;

4, to meet the full purchase price of not less than 20% of the initial payment;

5, agreed to purchase housing as collateral, or provide insurance firms recognised assets as collateral or pledge, or adequate compensation to the unit or individual capacity as a loan guarantor of the loans and assume joint responsibility.

(2) the duration of the loan and interest rates

1, loan period may be based on the actual situation rationally determined, but shall not exceed 30 years;

2, lending rates by the People's Bank of the interest rate policy regulations.

borrowers should provide information

1, borrowing applications;

2, both signed by the "purchase contract";

3, commercial housing purchased the original title proved (including the "property of" and there are those who agreed to sell the paper, etc.). If prices artificially corporate enterprises, the need to provide effective "operational license", "legal representative certificate," and other documents;

4, both the identity documents (identity cards to residents, the accounts and other documents valid residence) and marital status certification;

5, the borrower has a stable family income;

6, collateral or qualitative inventories, and a decentralized management authority proved mortgage or pledge of the people agree that, valuation evidence; all agreed that the written comments and information to prove all;

7, credit line provided other documents or information.

Prepare loan guarantees by way of security for the four way

: mortgage, pledge, guarantee, mortgages and guarantees.

1, collateralized by the borrower to purchase their own housing as collateral loans, housing must be for the full value of mortgage loans; To the real estate as collateral, mortgages and mortgagee should sign a written pledge contract; set mortgage borrowers to mortgage the property in the custody period to be properly responsible for repairs, maintenance, the responsibility to ensure intact, and ready to accept the supervision and inspection lenders. To set collateral in the collateral before the expiration date, the lenders will be allowed to punishment. Collateral, without the lenders agreed that people should not be collateral collateral collateral or leased again, transfer, sale, gift.

2, pledge to take a pledge form security, quality and Zhiquanren must sign a written pledge contract, the contract pledge to repay the loan, a borrower repaid all suspended; To set quality materials, in the pledge before the expiration date, the lenders will be allowed to dispose of. Pledge period, if both objects damage, loss, and lenders should assume responsibility for compensation.

3, borrowers can not guarantee security in the provision of collateral (pledge), lenders should assume joint responsibility for third-party accreditation guarantees. Is the corporate sponsor, must repay all loans with interest, took the capacity, and opened a deposit account in the bank. Guarantor for natural persons, plus a fixed source of income, with sufficient capacity to compensate, and there is a certain amount of bank loans in the margin; All creditors should be in writing with a guaranteed contract. Guarantor of change, the change must be in accordance with the stipulations of security procedures without lender approval, the original contract can not be guaranteed withdrawn.

4, mortgages and loans that means borrowers who have not yet been achieved in the purchase of housing property basis for the borrower to provide liquidity third party associated with, took responsibility as a guarantor of loans to borrowers secured loans. Currently, the general requirements for the purchase of housing developers guarantor. Prepare loan repayment terms of individual housing loans, loans for the year (including one) within, a one-time-expired, with the Lee Ching; Loan period in one or more years, a matching repayment law, monthly instalments of principal and interest for loans. Individual housing loans, the borrowers in the loan agreement, it can advance repayment. Borrowers in repayment can choose the following two ways :

(1) full repayment of the loan for one year, borrowers may apply for the loan principal will not return to a full schedule

(2) of the early repayment of advance payments for the borrower, the loan period will be returned to a number of loans concentrated in one part of a return. For the remaining outstanding loans could be taken to shorten the duration of the original loan agreement, or the return of the original loan contract period unchanged, will reduce the monthly repayment amount manner.

housing loans to individuals matching repayment calculation table (borrowing at one million) units : Yuan