Personal housing decoration loan

Personal housing decoration loan is issued by CCB to individuals for decoration occupied housing RMB loans secured.

Use of individual housing loans decoration

Loans can be used to pay the family decoration and repair engineering construction funds, related decoration materials, kitchen equipment, etc..

Personal housing decoration loan object

Object individual housing loans decoration is a natural person with full capacity for civil conduct.

The specific conditions of the borrower

1 eighteen years old to sixty years old, a local resident accounts or foreign accounts but locally valid residence documents, have a fixed residence;

2 have stable occupation and income or liquidate assets;

3 and decoration companies signed the "family decoration works contract", or "buy home decoration materials contract", "purchase contract" the kitchen equipment, as well as the family decoration budget;

4 in the Construction Bank opened a savings account;

5 to provide the Construction Bank approved collateral;

6 other conditions that meet the requirements of the construction bank.

Borrowing

Borrowers loan amount is not less than RMB 5000 yuan (including 5000 yuan), the maximum loan amount is not more than 150000 yuan (including 150000 yuan).

The term of the loan

A minimum of six months, the length of not more than 5 years (including 5 years).

Loan interest rates

According to the regulations of the people's Bank of Chinese period loan interest rates.

The borrower shall provide information

* the borrower fill out the "individual housing loans decoration Construction Bank Chinese application form", and provide the following information:

* identity documents (identity card, residence booklet, military ID card or other valid credentials) data and a copy of the original;

* personal income proof (units issued proof of income, payroll, tax returns, and can be used for repayment of the Bank of deposit etc.);

* and decoration companies signed the "family decoration works contract", "buy the family decoration materials contract", "buy kitchen equipment contract", as well as the family decoration budget;

* the business license and qualification certificate copy decoration enterprises;

* the mortgage, pledge and the rights certificate list certificate of ownership and disposition of the people agree that the mortgage, pledge collateral must be submitted; the ownership or use right certificate, appraisal, insurance documents; rights pledge must provide the right certificate; the guarantor agree to ensure that documents;

* other materials required by the lending bank

The way to guarantee and specific requirements

Construction Bank borrowers to apply for personal housing decoration loan must provide effective guarantee. Mortgage, pledge, guarantee can take that approach.

* the borrower to own property or third people own property for collateral, the Construction Bank to sign the "mortgage contract" with the borrower or the third party; collateral must be assessed, and mortgage registration.

* (two) the borrower pledge to himself or third person in line with the requirements of title certificate, the Construction Bank to sign a "pledge contract" with the borrower, the pledge of right certificate can include:

1 securities. Including government bonds, financial bonds and corporate bonds to AAA;

Issue 2 Construction Bank savings deposit;

Other assets approved 3 construction bank.

The term of the loan is not longer than the maturity of the pledge of rights.

* the borrower to ensure that the way to provide guarantee, guaranteed to be jointly and severally liable guarantee, the Construction Bank to ensure people signed the "guarantee contract". The guarantor must be a legal person, other economic organizations or citizens.

* without the consent of the lending banks, mortgage period the borrower (collateral) may not be the transfer of mortgage, lease, sale, gift or re mortgage. Mortgage period, the borrower has maintenance, maintenance, guarantee collateral intact responsibility, and ready to accept the supervision and inspection of the lender.


Personal housing decoration loan operation flow

Schematic diagram of the flow of loans

The loan process schematic diagram showing

1 the borrower selected decoration enterprise, and decoration companies signed "family decoration works contract", "buy the family decoration materials contract", "buy kitchen equipment contract", as well as the family decoration budget;

2 the borrower to apply for individual housing loans decoration to the construction bank;

3 Construction Bank to the borrower to provide information for the review.

The 4 agreed to loan borrowers, go through the relevant formalities; loan funds will be transferred borrowers personal account;

5 the borrower to pay the decoration;

6 the borrower to repay the loan.

Loan repayment provisions

* the duration of the loan within 1 years (including 1 years), the introduction of a debt due, with the benefit of clear;
* more than 1 year loan period, the borrower to take monthly matching repayment of principal and interest for loans from lending support for the month, the calculation formula is as follows:
* the early return of all principal and interest of loans also, 15 days advance notice should the bank loans, has received interest and will not change with time, the interest rate adjustment.

Loan repayment ways

There are two kinds of the borrower to repay bank loans interest, each borrower can only choose one method of repayment.

* according to the borrower and the bank signed the "loan contract" agreed repayment plan, the date of repayment from the borrower, the Construction Bank savings account to deduct the current shall repay the loan principal and interest. The borrower must have sufficient money in payment account, such as the debit account is frozen, report the loss, the borrower should also provide new payment account;
* the borrower to repay construction bank outlets.


The borrower overdue loans can only be taken in second ways.

The loan interest rate and the monthly repayment amount

Personal housing decoration loan monthly repayment amount table
(the loan amount is ten thousand yuan)

Individual housing loans decoration examples

Buy a house needs renovation, not enough money? Individual housing loans decoration construction bank can help you no worry. Apply for 10000 yuan of individual housing loans decoration, from the Construction Bank of China in the period of two years, the monthly even bring interest to the bank for payment of less than 450 yuan, can bear!