Faster mortgage refers to the mortgage of real estate under construction or pre-purchased commercial housing by real estate developers, including the mortgage of construction in progress and the mortgage of pre-purchased housing. In all relevant regulations, it is not said that auction houses cannot be used as mortgage loans. In practice, as long as the bank approves, it can be used as a mortgage loan. Since the auction house can handle mortgage loans, what should be done specifically?
If you want to apply for an auction mortgage loan, the borrower should first provide the original and photocopy of the pre-sale contract and the purchase advance payment receipt, and the married person should provide the original and photocopy of the marriage certificate, and sign the purchase loan contract at the application bank.
After receiving the relevant information, the bank will review the borrower and issue the loan after the bank has approved it. After the real estate license comes down, it needs to be handed over to the bank for mortgage. After paying off the loan, the borrower should cancel the loan at the loan bank and get back the real estate license.
In addition, the mortgaged property is generally not directly mortgaged, because the mortgaged house is actually mortgaged to the bank and does not have full property rights. Unlike the auction house, the collateral mortgaged by the auction house is the auction house, during which the house does not actually exist, and the mortgagor cannot obtain the ownership of the house purchased. The bank provides the real estate license only after estimating the borrower's right to acquire the house at a certain time in the future, which is actually a kind of expectation right.