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Can the old house for 25 years be mortgaged?

Time: 2017-01-19         Source: Rong 360 finishing         Author: 360 Financial consolidation

25 years old house to do housingMortgageAre generally more difficult, the banks out of revenue and risk considerations, often refused to accept more than 20 years of age housing mortgageloanThe

In the past, for property with a house age of more than 20 years, such as property after 1985, banks will usually accept their home mortgage applications, but the number of loans will be reduced. However, with the 2010 round of multi-round control policy frequently landed, the bank mortgage check on the housing conditions more and more harsh. On the housing age, personal credit qualifications and other restrictions more. Today, for the housing age of more than 20 years of real estate, most banks have not accepted their housing mortgage applications. In other words, before 1990, the property is basically unable to obtain housing mortgage loans. Although the individual banks can be issued, but the applicant income, housing area, lots and other requirements are very strict.

If your house is over 25 years old, but you would like to apply for a loan, you can go to the relevant loan bank consultation clearly, there may be individual banks will agree to the loan.

To apply for bank mortgages, at least to meet the three conditions:

First, prepare the information needed for homogeneous housing loans. The information on the existing housing is complete, and the information referred to here refers not only to the real estate license but also to a series of information relating to it. If the housing information is incomplete, then apply for a mortgage is very difficult.

Second, the loan money has been paid off. That is, their previous loans have been paid off all the money, if you have not paid off the loan, plus your house age of more than 25 years, this time for your loan is very unfavorable.

Third, the location of the house and how the area. The better the location of the house, the larger the area, the higher the opportunity to apply for a loan, the more loans.

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