What's the difference between shop loans and housing loans

The difference between shop loans and housing loans:

1. Housing loans include commercial loans, and now housing loans are commercial loans and provident fund loans;

2. In terms of loan time, the store requires that the house be pre-sold or capped after the main body is completed and accepted;

3. The down payment ratio is 31% lower for houses and 51% lower for shops; Loan life: 11 years for shops and 31 years for houses;

4. In terms of loan interest rate, shops generally go up by 11%, while houses generally go down by 15%; If you use a house mortgage loan, you can mortgage it for decades: the loan period is 31% lower for a house and 51% lower for a shop, and then the rest is mortgaged in a bank. The loan interest rate is 11 years for a shop and 31 years for a house.

extended information

① Personal store mortgage loan refers to the short-term loan business provided by the Bank to meet the needs of production, operation, investment or consumption by the borrower with his own or a third party's legally owned commercial house on the street as the mortgage guarantee.

② Housing loan is any form of housing loan support provided by banks and other financial institutions to house buyers, usually with the purchased house as collateral. According to the source of loan money, it is divided into provident fund loans and commercial loans.

interest rate of Meishan shops and housing loans

1. Short-term loans: within 6 months, the interest rate is 4.35, and the interest rate from 6 months to 1 years (including one year) is 4.35;

second, medium and long-term loans: one to three years (including three years), with an interest rate of 4.75; The interest rate is 4.75 for three to five years (including five years); The interest rate for more than five years is 4.91;

3. Personal housing provident fund loan: less than five years (inclusive), with interest rate of 2.75; The interest rate for more than five years is 3.25.

Conditions for buying a house with Meishan mortgage loan

1. The borrower has a stable occupation and income, good credit and the ability to repay the principal and interest of the loan;

2. The purchased house is located in a town (including urban area, county town and big market town) and in principle is the borrower's current residence or place of work and business;

3. The Commercial House Sales Contract has been signed with the developer, and the down payment ratio stipulated by the bank has been paid according to the personal credit situation, with the minimum being more than 31%;

4. The loan amount is determined according to the borrower's credit status, occupation, education level, repayment ability and the realization ability of the purchased house.

5. Agree to go through the mortgage registration of pre-purchased commercial housing first, and promise to use the purchased housing as loan collateral and go through the mortgage registration formalities again after the purchased housing is completed and the real estate certificate is obtained;

What's the loan interest rate for the facade house?

Many people have set their eyes on the facade house, so it's ok to use it to start their own business. But the price of buying a shop is also very high, which many people can't afford, so everyone began to consider whether the facade room can be bought by loan. So, can I get a mortgage for buying a facade? What is the loan interest rate for the facade house? Let's take a look at it with Xiaobian.

1. What is the loan interest rate of the facade house?

1. The loan interest rate of the facade house is 6% for one year, 6.14% for five years and 6.55% for ten years. The loan amount is about 61% to 71% of the total housing price.

2. Before mortgage loan, you need to know whether the housing loan is paid off, whether there is mortgage, and whether the real estate license and land certificate are complete. Real estate registration I need to go to the bank to apply for housing mortgage loan with my spouse's ID card, household registration book, marriage certificate and income certificate.

second, can I get a mortgage for buying a facade?

1. The facade loan belongs to a commercial mortgage, not a personal housing loan, so I can't use the provident fund loan. However, commercial loans can be used to buy facades. As long as you have good conditions and can endure a long waiting time, you can consider going to the bank to borrow money to buy facades.

2. When applying for a facade loan, the borrower needs to provide proof of identity, proof of income and a series of materials such as mortgage. And submit the application materials correctly, and then provide proof of the down payment of more than 51% of the purchased facade money.

3. The borrower needs to have full capacity for civil conduct, provide valid identity documents and have the ability to repay the principal and interest. Personal credit information is good, with a certain proportion of down payment and other requirements of the bank.

Editor's summary: What's the loan interest rate for facade houses? And buying a facade can be mortgaged? I believe you all know something after reading the article. I hope the above content can bring you some help and suggestions. If you need more relevant information, please continue to pay attention to us.

what is the interest rate of shops in Changsha in 2121?

The interest rate of shops in Changsha in 2121 varies according to the specific situation.

first, commercial loans. In 2121, the loan interest rate of the first set of shops of commercial banks is as follows:

1. If the loan term is 1-5 years (including 5 years), the loan interest rate of the first suite is generally between 4.75% and 6.715%.

2. If the loan term is more than 5 years, the interest rate of the first set of shops is generally between 4.9% and 6.37%.

second, provident fund loans. In 2121, the loan interest rate of the first set of shops in the provident fund is as follows:

1. If the loan term is less than 5 years (including 5 years), the annualized loan interest rate is 2.75%.

2. The loan term is more than 5 years, and the corresponding annualized loan interest rate is 3.75%.

please confirm, thank you.

What is the down payment and loan interest rate of the store?

The down payment of the store is 51%. The term of mortgage loan for individual shops provided by banks cannot exceed 11 years at the longest. However, some commercial project developers can help you with a part of the down payment, such as 31%, and then another 21%. You can only pay back the money within the specified time. < P > If you buy a first-hand shop, you can borrow up to 51% of the contract price. If it is a second-hand shop, you can borrow at most 51% of the evaluation price. This evaluation price is not necessarily the actual amount of your transaction, but depends on the amount of loan you need and your ability to bear the relevant taxes.

Shops are real estate specially used for business activities, and they are places where operators provide goods trading, services and experience for consumers. In a broad sense, the concept of shops includes not only retail business, but also real estate used by entertainment, catering and tourism, profitable exhibition halls, sports venues, bathrooms, and commercial business places with physical buildings such as banks and securities.

Source: Baidu Encyclopedia Store

About the interest rates of residential loans and shop loans, are shop loans the same as residential loans? This is the end of our introduction. I wonder if you found the information you need from it?