What are the functions of mortgage guarantee companies?
1. The guarantee company can work with you to design a suitable loan scheme;
2. The cooperative relationship between the guarantee company and the bank can strive for preferential loan interest rates;
3. Guarantee companies can speed up loan processing;
4. Guarantee companies provide professional evaluation and guarantee services.
5. Some investment guarantee companies have standardized and efficient operation in post-loan management and loan risk resolution, and gained the full trust of banks. Some banks outsource post-loan collection and loan asset disposal to guarantee companies, and the cooperation between the two parties has achieved good results.
6. Guarantee companies also include bill acceptance, trade financing, project financing, letters of credit and other financing guarantee businesses. Even some qualified guarantee companies can provide re-guarantee and handle the bond issuance guarantee business with the guarantee responsibility of other guarantee companies.
What are the procedures for mortgage guarantee companies?
1. Application: The applicant applies for loan guarantee.
2. Inspection: The guarantee company inspects the financial status, tax payment and credit status of the borrower. , and initially determine whether to guarantee.
3. Communication: The guarantee company communicates with the loan bank to further grasp the borrower information provided by the bank and clarify the amount and term of the loan to be granted by the bank.
4. Guarantee: The guarantee company and the borrower sign guarantee and counter-guarantee agreements, legal procedures such as asset mortgage and registration, and sign a guarantee contract with the loan bank to formally establish the guarantee relationship between the bank and the borrower.
5. Lending: The bank of the guarantee company issues the loan to the borrower on the basis of reviewing the guarantee, and collects the guarantee fee at the same time.
6. Tracking: The guarantee company tracks the borrower's loan usage and observes the repayment.
7. Dissolution: With the bank repayment form, the mortgage registration is cancelled, and the guarantee relationship with banks and enterprises is cancelled.
8. Record: Record the credit status of this guarantee, which is divided into four grades: normal, abnormal, overdue and bad debts, so as to provide credit records for subsequent guarantees.
9. Filing: All kinds of agreements signed with banks and borrowers, as well as vouchers after repayment of loans and vouchers for cancellation of guarantees, should be filed and sealed for future reference.
The above is about the role of the mortgage guarantee company and the content of the mortgage guarantee company's handling process, hoping to give you some reference. If you want to choose a guarantee company, it is very important to choose a company with good reputation and strong strength, so you must be careful in the selection process to prevent being cheated.