What is the down payment ratio of apartment parking loan?

1. What is the down payment ratio of apartment parking loan?

It is commercial in nature, and the down payment ratio cannot be less than 50%.

2. What are the requirements for the down payment ratio of parking space loans in China Bank?

Hello, I'm glad to answer your question.

The down payment ratio of China Bank parking space loan is 50%.

What you need is to provide your own repayment qualification certificate, and some need a credit report.

Of course, the financial loan requirements of each city are different. Perhaps the down payment ratio in your city is not necessarily 50%. Please consult the counter for details.

Third, how much is the general down payment?

Search: How much is the general down payment?

Fourth, can I get a loan for parking spaces? How much is the down payment for parking space loan?

With the improvement of China's economic level and the increase of the number of cars, parking spaces are becoming more and more difficult to find. In future, the demand for parking spaces will naturally increase. At this time, borrowers with parking spaces will ask whether the mortgaged parking spaces can be loaned. But people who want to buy a parking space ask how much is the down payment for the parking space loan? One needs parking space mortgage loan and the other needs parking space loan, which complement each other and become a circular body. Next answer.

First of all, it needs to be clear that whether you buy a parking space or mortgage a parking space, you can borrow money. It is generally unacceptable to take a parking space to the bank for a loan. It is not excluded that some small commercial banks will consider using the property rights of parking spaces as collateral to handle mortgage loans, and some banks will also consider the high value of parking spaces to handle mortgage loans in good places in first-tier cities. However, many banks require loans exceeding 654.38 million yuan.

The down payment for parking spaces totals 2-30%, or the designated down payment for parking spaces is paid to the developer. The average annual interest rate of ordinary bank loans for 3-5 years is 4.75%, and the general term of unsecured parking loans is 1-3 years. The interest rate is high but the approval time is short, while the longest term of mortgage loan does not exceed 10 year, and the interest rate is low but the approval time is long. You can also click on the parking loan calculator of China Merchants Bank for calculation.

General process of applying for parking loan

1. Sign a parking space purchase contract with the real estate developer;

2. Pay the down payment of 2-30% of the total parking space to the bank, or pay the down payment specified by the parking space to the developer.

3. Fill in the loan application form and submit the materials needed for approval;

4. The bank conducts examination and approval and credit investigation;

5. Sign a loan contract. If you use a mortgage loan, you need to go through mortgage registration and other procedures.

6. The bank directly transfers the loan to the exclusive account opened by the developer in the bank;

7. Finally, repay the principal and interest according to the loan contract.

Finally, parking loans are higher than the central bank's benchmark interest rate. The maximum loan amount of Agricultural Bank of China shall not exceed 60% of the assessed value of the collateral, and the loan period shall not exceed 65,438+00 years. When ICBC and Bank of Communications apply for loan suspension, the loan amount shall not exceed 70% of the transaction price, and the loan term shall not exceed 10 year. Minsheng Bank limited the loan object of parking space to the parking space in the residential area where the first-hand housing loan of Minsheng Home is located. The loan amount does not exceed 60% of the transaction price of parking space, and the same loan period does not exceed 10 year.

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