Which banks in Hangzhou can provide mortgage loans for serviced apartments?

China Merchants Bank and Bank of China can do it.

You can get a loan from a bank for a serviced apartment. The mortgage rate is about 70% of the appraised value, and the term is up to 10 years depending on your personal situation. The conditions for a mortgage loan include: having a legal identity; having a stable economic income, the ability to repay the principal and interest of the loan, no bad credit record; and having a legal and valid house purchase contract.