Generally speaking, mortgage means paying the down payment when buying a house, lending the rest to the bank, mortgaging the house to the bank, and the buyers repay the principal and interest of the bank loan monthly; Because the banks we lend are all commercial banks, we also need commercial mortgages; This kind of mortgage can be lent for up to 30 years, and the interest rate is relatively low. It can rise by 30% on the basis of the benchmark interest rate and can only be used to buy a house. In addition, we often encounter a kind of real estate mortgage loan. This kind of loan is to mortgage a house with the existing real estate license and land certificate to buy a car. The interest rate of this loan is relatively high, generally rising by 65,438+00%-30% on the basis of the benchmark interest rate.

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