For a pure housing mortgage-backed loan to pay attention to what
when applying for a pure mortgage secured consumer loans for housing, should pay attention to three points:
is a loan must be a consumer, such as home renovations, travel, education, study abroad, and the borrower must provide the Bank with real consumer contracts and invoices;
is also used in housing must be full value of the mortgage, also said that if the lender determines that assessment of qualifications available to customers in the assessment of the value of the mortgaged property is 1 million Yuan, and property ownership, the banks would be approved for the home mortgage rates, generally 60%~70%, which lend customers up to 700,000 yuan.
third, at present, not every bank will issue these loans, and the loan's interest rate is generally in the benchmark interest rates on floating 20%.