1. What items can be used as collateral?
Loans can be mortgaged with valuable items, but they are generally items that are easy to preserve, wear out and sell. Such as real estate, cars, stocks, securities, bills and so on. After the goods are mortgaged, if the borrower fails to repay the loan on time, the handling bank or lending institution has the right to auction the collateral and repay the loan with the proceeds from the auction. As for the balance of the auction money after paying off the loan, it will be returned to the borrower. However, if the auction proceeds are not enough to pay off the loan, the borrower needs to continue to pay off.
Second, you can borrow 10.5 million yuan.
The amount of garage mortgage loan is generally within 70% of the garage value, and the specific amount depends on the parking space value of the loan and the credit index of the lender. Garage property rights are generally sold for 40 or 70 years. The amount of garage loan is not high, because the standard of garage mortgage loan is more than 65438+ 10,000 parking spaces. According to 70% of the parking space loan, the loan amount can be above 70,000, and the evaluation price of the loan is lower than the parking space value, so the loan amount is generally above 50,000. The higher the market price of parking spaces, the larger the loan amount. Therefore, if it is a garage with 1.5 million yuan, the loan amount is generally around 1.05 million yuan.
Extended data
Mortgage loan, also known as "mortgage loan". Refers to a loan method adopted by some national banks. The borrower is required to provide a certain amount of collateral as loan guarantee to ensure the repayment of the loan at maturity. Collateral is generally easy to preserve, wear and tear and sell, such as securities, bills, stocks, real estate and so on. After the loan expires, if the borrower fails to repay the loan on time, the bank has the right to auction the collateral and repay the loan with the proceeds from the auction. The balance of the auction money after paying off the loan shall be returned to the borrower. If the auction money is not enough to pay off the loan, the borrower will continue to pay off.