☆Introduction
Straight-back personal housing loan means a borrower straightly apply to the bank for a housing loan without being introduced by a cooperation agency.

☆Target Client
The borrower of Straight-back personal housing 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 as well as a valid phased guarantee.

☆Features
Besides all special services of personal brand new housing loan, the straight-back personal housing loan has following features: 
1. Fixable real estate choice--you can apply for ICBC loan for any real estate, free of limit of the mortgage cooperation agreement signed by ICBC and real estate developer.
2. One off payment preference--you can sign a One-off Payment House Sales Contract with developer after the approval on the loan so as to enjoy one off payment preference.
3. Flexible diversified guarantee methods--you can obtain the loan after offering other house property mortgage, pledge, natural person guarantee, or phased guarantee by professional guarantee company or other legal person, without carrying out this house property mortgage first.

☆Application Conditions
Please refer to the requirements of application for personal brand new housing loan.

☆Loan limit
Loan limit is 80% of the market value 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 the operation process of personal brand new housing loan or consult local ICBC branch for details. 

☆Product Linkage
Link special repayment methods and services. The details are as same as linked contents of “personal brand new housing loan”.

☆ Interest rate information
RMB Loan Interest Rate Table

☆FAQs
1. How to apply for Straight-back personal housing loan? 
In case the house you purchased is not constructed by the real estate developer cooperating with ICBC in mortgage loan, you shall submit an application for straight-back personal housing loan to the nearest ICBC personal loan center or ICBC personal credit loan business department. ICBC’s consumer manager of credit loan business will introduce specific guarantee method and business process according your conditions. 

2. Can the phased guarantee of straight-back personal housing loan business be offered by natural person? 
According to ICBC provisions, you can choose one of following five guarantee methods as your phased guarantee method of straight-back personal housing loan: other house property mortgage, pledge, natural person guarantee as well as phased guarantees of professional guarantee company and other legal person. Among them, the borrower who chooses natural personal guarantee or phased guarantee of other legal person must be the quality consumer recognized by ICBC. You can go to ICBC personal credit loan business department or personal loan center, and ICBC’s consumer manger of person credit loan business can evaluate for you and determine if you can choose natural person guarantee.

☆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.