Can I still get a loan when I buy a house at the age of 50

You can still borrow money to buy a house at the age of 50, but the loan period will be limited. According to the regulations, only people aged 65,438+08-65 are eligible for loans, and the longest loan period for people over 50 is generally 20 years. Some banks even stipulate that the loan period is only 15 years, while the loan period for normal young people is 30 years.

Age limit for housing loans

There is an age limit for bank loans, and loans cannot be made beyond the age limit. According to the regulations of banks on personal loans, borrowers must first have full capacity for civil conduct. In China, the age limit for housing loans is 18 years old or above, but in practice, it may be over 20 years old, in which men cannot exceed 60 years old and women cannot exceed 55 years old. Banks may have different regulations.

Property buyers pay provident fund loans on time and meet the conditions of provident fund loans. According to the regulations, the longest term of provident fund loans does not exceed 5 years after the borrower retires. For example, when a man retires at the age of 60, he can only lend to the borrower at the age of 65 at the longest; Women retire at the age of 55, and the longest loan period can only be until the borrower is 60 years old. However, commercial loans are different, and each bank has different requirements for the age limit of lenders, which may change and adjust with the bank's quota; In most cases, it will be slightly shorter than the life of the provident fund lender.

Conditions and requirements of housing loan

1. Buying a house with a loan requires a local permanent residence or a valid resident ID card;

2. Buying a house with a loan requires a stable occupation and income;

3. Buying a house with a loan requires good credit and the ability to repay the principal and interest of the loan on time;

4. Buying a house with a loan requires assets recognized by the lender as collateral or pledge; Or if the borrower can't provide the mortgage (pledge) in full, a unit or individual recognized by the lender that meets the prescribed conditions and has sufficient compensatory capacity will serve as the guarantor to repay the principal and interest of the loan and bear joint and several liabilities;

5. Buying a house by loan requires a house purchase contract or agreement or relevant approval documents;

6. The price of the house purchased by the loan basically conforms to the appraisal value of the lender or its designated real estate appraisal institution;

7. If you don't enjoy the loan subsidy, the down payment shall be a deposit or cash of not less than 20% of the total price of the purchased house; Enjoy housing subsidies, with 20% of personal deposits or cash as the down payment;

8. Buying a house with a loan requires other conditions stipulated by the loan bank.