☆Introduction
Self-constructed housing loan is issued by loaner to borrowers to finance their self-constructed residential house.

☆Target Client
The borrower of personal self-constructed hosing loan shall be the natural person of full civil capacity within 18-65 years old (including 18 and 65 years old) with good credit history and willingness for payment.

☆Application Conditions
Following requirements must be satisfied before application for ICBC personal self-constructed housing loan:
1. The house constructed is designed reasonably, marketable with strong realization ability; can be set as mortgage;  
2. The land for constructing house must be acquired with compensated transfer method and the borrower must own nation-owned land use right;
3. The house constructed has obtained the project approval by relevant authorities with legal, complete, authentic and valid procedure; 
4. Borrower (construction declarer) has acquired some construction documents like “Nation-owned Land Use Certificate”, “Construction Land Planning Permit”, “Construction Project Planning Permit” and “Construction Project Construction Permit”;
5. Borrower has paid off land transfer fee and obtained land transfer fee payment voucher;
6. Has Estimate and Budget of Building Engineering and Engineering Construction Schedule for the house self-constructed;
7. No property right dispute exists in the house constructed.

Following materials must be prepared and offered before applying for personal self-constructed housing loan;
 1. Copies of project approval document, design plan and 4 necessary certificates for the self-constructed house;
2. Voucher certificating that the land fee of self-constructed house has been paid off; 
3. Account voucher of construction fund that has been inputted into the self-constructed house;
4. Estimate and Budget of Building Engineering and Engineering Construction Schedule for the self-constructed house;
5. Certificate of guaranty ownership and written documents signed by common owners of the guaranty about the agreement on mortgage.  
6. Guaranty Appraisal Report that was issued by appraisal agency recognized by loaner; 
7. In case the united land sales of real estate developer for self-constructed house have been approved by the government, the approval documents about agreement on construction issued by relevant authorities shall be offered. 

☆Loan limit
Loan limit is 70% of the cost price of the house purchased at most.

☆Loan Interest Rate
The lowest interest rate is 70% of benchmark interest rate of People’s Bank of China. 
Loan rates refer to those applicable to Personal Brand New Housing Loan.

☆Loan Term
The loan term is 30 years at most, and the sum of the ages of the borrowers and the loan term shall not exceed 70 years. In case there are 2 or more borrowers, the loan term can be determined in terms of the younger borrower meeting the relevant land requirement. 

☆Service Channel and Time
You can submit the loan application to ICBC personal loan center or credit loan business department of local ICBC branch. 

☆Operation Guide
Please refer to operation process of personal brand new housing loan, or consult local ICBC branch for details. 

☆ Interest rate information
RMB Loan Interest Rate Table

☆Responsibility Statement
The contents on this page are for reference only. The ultimate power of interpretation is under the Industrial and Commercial Bank of China Limited. For part of the contents, notice and specific regulations of local branches shall prevail.