Must there be a guarantor for mortgage loan?

A mortgage loan with real estate license does not need a guarantor. The Guarantee Law stipulates that the forms of guarantee can be guarantee, pledge or mortgage, and the guarantor is only one of them. Pledge is generally applicable to chattel security, and mortgage is applicable to real estate security. You have mortgaged with the real estate license of personal property rights, and you don't need a guarantor to guarantee it.

But if your guarantee amount is less than the loan amount, the insufficient part can be guaranteed by another guarantor.

What are the risks of mortgage guarantor?

The legal liability paid by the guarantor is divided into two types:

First, the general guarantee responsibility. Its responsibility is that when the debtor can't pay off the due debt, the guarantor should bear the responsibility, that is, pay off the due debt.

Second, joint and several liability. The creditor's responsibility to pay means that when the debt reaches the repayment period, the creditor has the right to ask the debtor or guarantor to repay the debt. When the guarantee is a general guarantee, the guarantor has the right of defense, that is, the guarantor has the right to refuse the creditor's repayment request before the creditor applies to enforce the debtor's property or fails to enforce the security interest. Co-guarantors have no such right.

The repayment period stipulated in the contract is one year from the date of repayment. After one year, you can decide to repay the loan according to your own wishes.

Second, why do you want to find a guarantor loan?

1. The essential reason for looking for a guarantor for a loan is the restrictive conditions that banks put forward to borrowers in order to reduce small risks and fear that the loan will not be repaid on time.

2. Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them.

3. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development; At the same time, banks can also obtain loan interest income and increase their own accumulation.

All of the above are questions about why you need to find a guarantor for a loan. Do netizens understand?

Third, why do you want to find a guarantor loan?

Being a loan guarantor is risky. It is risky to vouch for your immediate family or friends.

1. If the borrower fails to repay the loan, the guarantor is liable for repayment. Before committing to be a guarantor, you must think clearly, because if you sign the money and debt guarantee, you will be personally responsible for paying off the debts to the lending institution.

2. Even if the relationship between the guarantor and the debtor changes, for example, the husband guarantees the housing loan for his wife, and the two eventually divorce, the guarantee will not be affected by the dissolution of the marriage relationship, and it will still be valid. In other words, once the guarantor signs as a guarantor, he will always become a guarantor unless the borrower is approved by the lending institution to cancel the guarantor qualification.

Under normal circumstances, the borrower repays the loan by himself, and the guarantor doesn't care. However, the loan amount and monthly payment borrowed by the borrower will generally be displayed in the credit record of the guarantor. When the guarantor needs to apply for any loan by himself, the debt he guarantees will be regarded as his own debt, and usually the lending institution will include it in the debt, which may affect the loan amount of the guarantor.

4. Once the borrower is heavily in debt and unable to repay, or the borrower dies or runs away, you will bear all the repayment responsibilities.

Fourth, why does the loan need a guarantor?

Because it can reduce the loan risk and improve the loan approval success rate of banks (or other licensed consumer financial institutions). In this way, if the borrower is unable to repay the loan, the bank (licensed consumer financial institution) can also ask the guarantor to repay the loan on his behalf because the guarantor needs to bear the corresponding guarantee responsibility. : 1. The third party and the creditor agreed that when the debtor fails to perform the debt, the guarantor shall perform the debt or assume the liability as agreed. The third person here is a guarantor, including a legal person, other organization or citizen who has the ability to pay off debts on his behalf. 2. If the debtor transfers all or part of its debts to a third party, it shall obtain the consent of the creditor. In the creditor-debtor relationship provided by the third party, the subjects involved are creditors, debtors and guarantors. Where the debtor transfers the debt, it shall obtain the written consent of the guarantor. 3. The guarantee provided by a third party is generally based on its trust relationship with the debtor or its knowledge of the debtor's assets and reputation. In the guarantee relationship, if the debtor transfers the debt without the consent of the guarantor, it will bring greater risks to the guarantor, because the guarantor may know nothing about the new debtor. 4. Although the establishment of security interest is mainly to ensure the realization of creditor's rights, it should also take care of the interests of the guarantor, especially when the guarantor is a third party other than the debtor, how to balance the interests of the guarantor, the guaranteed and the debtor is very important. 5. The pledgee's waiver of the pledge shall not harm the interests of other interested parties. Sometimes, there are both pledges and other guarantees on the same creditor's right. In this case, when the pledgee gives up the pledge, it will directly affect the interests of other guarantors. 6. In order to ensure that the interests of other guarantors are not affected by the pledgee's abandonment of the pledge, this article stipulates that when the pledgee gives up the pledge, if the debtor pledges his own property, other guarantors will no longer bear the guarantee responsibility within the scope of the priority of the pledge; However, if other guarantors promise to still bear the guarantee responsibility, the law will not interfere.