What is the introduction of commercial housing development loan method and project conditions?

commercial housing development loans

I. product concept

commercial housing development loans refer to loans issued to borrowers for the construction of commercial projects such as hotels, office buildings, shopping malls and their supporting facilities.

loans for comprehensive real estate projects with non-residential investment accounting for more than 5% (inclusive) of the total investment are regarded as commercial housing development loans.

Second, the borrower's conditions

1. An enterprise legal person approved and registered by the administrative department for industry and commerce and qualified for real estate development and operation;

2. If the borrower is a comprehensive real estate development enterprise, its real estate development qualification should be above Grade II (inclusive), with paid-in capital of not less than 1 million yuan (inclusive) or owner's equity of not less than 2 million yuan (inclusive);

3. if the borrower is a project company, its paid-in capital or owner's equity shall be no less than 5 million yuan (inclusive), and its holding company's paid-in capital or owner's equity shall comply with the provisions in paragraph 2 of this article, and it agrees to provide the guarantee of timely raising project construction funds when the project is completed on schedule and the project cost exceeds the budget.

III. Project conditions

1. It is suitable for commercial projects such as hotels, office buildings, large shopping centers and their supporting facilities;

2. It is located in a bustling commercial area or central business district, with superior geographical location, convenient transportation, reasonable planning and design, and complete supporting facilities;

3. The project is legal, and it has the State-owned Land Use Certificate, Construction Land Planning Permit, Construction Project Planning Permit and Construction Project Construction Permit;

4. The borrower's own funds invested in the project shall not be less than 5% (inclusive) of the total investment of the project and shall be put in place before the loan funds;

5. The expected market prospect of the project is good, and the hotel (hotel) project has been managed by well-known brand hotel management companies;

6. The expected net cash flow of the project is sufficient, and the source of loan repayment is stable and reliable.

iv. loan method

the loan is secured, and in principle, it should be secured by mortgage, or the government bonds, certificates of deposit and prepared letters of credit that the borrower has the right to dispose of, and the part with insufficient guarantee capacity can be secured by guarantee.

1. In case of mortgage guarantee, the ratio of loan amount to actual cost or assessed value of collateral (whichever is lower) shall not exceed 5% (inclusive);

2. In case of pledge guarantee by national debt, certificates of deposit and standby letters of credit, the ratio of loan amount to the face value of securities shall not exceed 9% (inclusive);

3. if the guarantee method is adopted, the guarantor's credit rating in our bank should be above AA (inclusive), and the enterprise has strong economic strength, stable financial situation and sufficient guarantee ability.

v. Term and interest rate

The longest loan term for leasing and self-operated projects shall not exceed 15 years (inclusive), and the longest loan term for selling and transferring projects shall not exceed 8 years (inclusive).

the loan interest rate is subject to the relevant regulations of the people's bank of China and our bank.

VI. Other matters

The loan amount shall not exceed 5% (inclusive) of total investment of the project.

For leased and self-operated projects, the principal will be repaid quarterly or semi-annually (or according to the agreed proportion) from the year when the project is completed; When selling or transferring the project, the loan will be repaid in installments according to the sales progress of the project, and all the loan principal and interest will be repaid when the project is sold 6%.