How long can real estate transfer loan? What are the conditions of mortgage loan

Real estate ownership transfer refers to the whole process of property right transfer from Party A to Party B through the transfer, sale, gift, inheritance and other ways to obtain the real estate and go to the housing ownership registration center to handle the housing property right change procedures. So how long can real estate transfer loan? What are the conditions of mortgage loan? Let's have a look.

after the house property is transferred, as long as you get the house property certificate, you can immediately hand it over to the bank for mortgage loan. After the bank gets the house property certificate, it will arrange the materials required by the bank mortgage and hand it over to the house property administration bureau to handle the mortgage of other rights.

Loan conditions of mortgage loan:

Having legal status;

Have stable economic income, have the ability to repay the loan principal and interest, no bad credit record;

Have legal and effective house purchase contract;

If the new house is used as the maximum mortgage, it must have a legal and effective house purchase contract, the age of the house is less than 10 years, and a down payment of not less than 30% of the total price of the house purchased has been prepared or paid; if the house has been purchased and applied for mortgage loan, the original house mortgage loan has been paid for more than one year, the loan balance is less than 60% of the value of the mortgage house, and the house used as mortgage has obtained the ownership of the house The age of the house is less than 10 years;

Be able to provide effective guarantee recognized by the lending bank;

Other conditions stipulated by the lending bank.