After the implementation of the new mortgage policy 40 years ago, banks have already begun to act. “Currently, there are many inquiries. Most of them are 'post-95, 'and some new loan applicants also choose a maximum period of 40 years.” Talking about how mortgages have been implemented in 40 years, the person in charge of personal loans at a major state-owned bank in Beijing told reporters. According to him, their bank implements the standard of “age+loan period, housing age+loan period not exceeding 85 years”, and the approval can be completed within 1 to 3 working days after the loan information is complete. In response to the implementation of the 40-year mortgage implementation, the reporter also recently interviewed a number of bankers and real estate intermediaries in Shanghai, Shenzhen, Guangzhou, and Hangzhou. They learned that 40-year mortgage applications have already entered the practical stage in many places, but the pace of progress is different; the stock mortgage extension period is still in the process of system adjustment and rule formulation, and no uniform operating standards have yet been formed.

After the implementation of the new mortgage policy 40 years ago, banks have already begun to act. “Currently, there are many inquiries. Most of them are 'post-95, 'and some new loan applicants also choose a maximum period of 40 years.” Talking about how mortgages have been implemented in 40 years, the person in charge of personal loans at a major state-owned bank in Beijing told reporters. According to him, their bank implements the standard of “age+loan period, housing age+loan period not exceeding 85 years”, and the approval can be completed within 1 to 3 working days after the loan information is complete. In response to the implementation of the 40-year mortgage implementation, the reporter also recently interviewed a number of bankers and real estate intermediaries in Shanghai, Shenzhen, Guangzhou, and Hangzhou. They learned that 40-year mortgage applications have already entered the practical stage in many places, but the pace of progress is different; the stock mortgage extension period is still in the process of system adjustment and rule formulation, and no uniform operating standards have yet been formed.