The general discount that college students can enjoy is that they can enjoy the interest rate of 30% lower than the benchmark interest rate when they buy a house with the first mortgage loan. If it is a provident fund loan, the loan interest rate is 3.87%. The down payment for the first suite is 20% of the total house price, and the down payment demand cannot be loaned by itself. Conditions of college students' housing loan.

1. College students with foreign hukou must provide tax payment certificates or social security certificates. Now the bank has indicated that it will no longer issue housing loans to foreign borrowers who cannot provide tax payment certificates or social security payment certificates for more than 1 year. Therefore, it is necessary for college students with foreign hukou to provide the above proof materials, otherwise, college students who just graduated can only choose to pay the full amount if they want to buy a house in other places.

2, just work, mom and dad have to come forward to guarantee. Even if college students have jobs now and their hukou is new, loans to buy a house will be stricter. The first reason is that the income of college students who just worked is not high at all, and the repayment conditions are limited.

Generally speaking, college students require the company to issue proof of income before they can approve the mortgage, and they will fulfill the first suite policy after meeting the conditions. If the income of newly graduated college students is not high, then parents with relatively high income are needed as co-borrower. After making a guarantee, the family agreed to borrow money.

3. College students who haven't graduated can't borrow money to buy a house. Although college students have registered permanent residence in this city, they can't be the main lender because they have no job and no income now, and it is not feasible for their parents to be the main lenders. Therefore, college students who have not graduated can only choose the full amount if they want to buy a house.

legal ground

People's Republic of China (PRC) Securities Law

Article 20 If the debtor who is jointly and severally guaranteed fails to perform the debt at the expiration of the debt performance period stipulated in the main contract, the creditor may require the debtor to perform the debt, or may require any guarantor to bear all the guarantee responsibilities.

After the joint and several guarantors assume the guarantee liability, the part that cannot be recovered from the debtor shall be shared by the joint and several guarantors according to the proportion agreed internally. If there is no agreement, it shall be distributed equally.

Article 21. After the surety who undertakes the suretyship responsibility according to the suretyship share agreed in the suretyship contract, he shall exercise the right of recourse against the debtor within the scope of fulfilling the suretyship responsibility.

Article 22 If a third party unilaterally issues a letter of guarantee to the creditor in written form, and the creditor accepts it without objection, the contract is guaranteed to be established.