The object of insurance, that is, the owner of the house with mortgage loan, as a kind of property insurance, is mainly the house purchased with mortgage loan; Other related properties attached to the house due to decoration and purchase are not covered by insurance; The term of mortgage insurance is the same as that of loan. During the mortgage period, if the borrower interrupts the insurance, the loan bank has the right to provide insurance on behalf of the borrower, and all expenses shall be borne by the borrower; The insurance amount and insurance premium of mortgage insurance are determined according to the fixed price of the house purchased, and the insurance premium is charged once a year. Second, what materials are needed for real estate mortgage loan?
The required materials are as follows:
1. Original and photocopy of real estate license and state-owned land use certificate;
2. The original real estate mortgage contract;
3. The identity certificate or legal person qualification certificate of the mortgagor;
4. Power of attorney (when entrusting others to handle it);
5, real estate mortgage registration application (provided by the mortgage registration department);
6. Marriage certificate or divorce certificate, etc.
7. Other materials that need to be proved.
Loan terms:
(1) has legal status;
(2) Have a stable economic income, the ability to repay the principal and interest of the loan, and no bad credit record;
(3) There is a legal and effective purchase contract;
(4) If the newly purchased house is used as the maximum mortgage, it must have a legal and effective purchase contract, the age of the house is within 10 years, and a down payment of not less than 30% of the total price of the purchased house has been prepared or paid;
(5) If a house mortgage loan has been purchased, the original house mortgage loan has been repaid for more than one year, the loan balance is less than 60% of the value of the mortgaged house, and the mortgaged house has obtained the house ownership certificate, and the age of the house is within 10 years;
(6) Being able to provide effective guarantee recognized by the loan bank;
(7) Other conditions stipulated by the lending bank.
3. What is the company's real estate mortgage loan process?
1, application;
2. Inspection: inspect the operation, financial status, mortgaged assets, tax payment, credit status, business owners, etc. of the enterprise, and initially determine whether to guarantee;
3. Communication: communicate with the loan bank to clarify the amount and duration of the loan to be granted by the bank;
4. Guarantee: clarify the legal procedures such as guarantee and counter-guarantee agreement, asset mortgage and registration with the enterprise, sign a guarantee contract with the loan bank, and formally establish a guarantee relationship with the bank and enterprise;
5. Lending: the bank issues loans to enterprises on the basis of reviewing the guarantees, and at the same time collects guarantee fees from enterprises;
6. Tracking: directly track and check the operation status of the enterprise through quarterly tax payment, electricity consumption and cash flow increase and decrease;
7. Prompt: Prompt in advance one month before the enterprise repays the loan;
8. Cancellation: Cancellation of mortgage registration with corporate bank repayment form;
9. Record: record the credit status of this guarantee, which is divided into four grades: normal, abnormal, overdue and bad debts, and provide credit records for subsequent guarantees;
10. Filing: all kinds of agreements signed with banks and enterprises, as well as vouchers after repayment of loans and vouchers for cancellation of guarantee, etc., are sorted, filed and sealed for future file search.
Is there a service fee and insurance premium for the loan legal?
Illegal. If it is simply a direct bank loan, there is no service charge; When handling the loan, the lender needs to bear the following expenses: 1, handling fee. At present, some banks will attract customers' attention by lending interest-free, but in fact they charge interest by charging fees. The amount of interest expense depends on the bank selected by the lender or the personal loan conditions of the lender. Different banks charge different loan fees. If the lender has good conditions, the loan interest charged is relatively low. 3. liquidated damages. When an individual signs a loan contract with a bank, if he fails to repay the loan on time as agreed in the contract, the bank has the right to collect liquidated damages by signing the amount agreed in the contract. Legal basis: Article 502 of the Civil Code of People's Republic of China (PRC), a contract established according to law shall come into effect upon its establishment, unless otherwise stipulated by law or agreed by the parties. In accordance with the provisions of laws and administrative regulations, if the contract should go through the approval procedures, such provisions shall prevail. If the failure to go through the formalities such as approval affects the effectiveness of the contract, it will not affect the performance of the obligation clauses such as approval and the effectiveness of relevant clauses in the contract. If the party that should go through the formalities for approval fails to perform its obligations, the other party may require it to bear the responsibility for violating its obligations. The modification, assignment and dissolution of a contract shall be subject to the provisions of laws and administrative regulations, and the provisions of the preceding paragraph shall apply and shall be subject to approval.
Do I have to pay the loan insurance premium?
The loan insurance premium must be paid. When you apply for a loan, you need a letter of guarantee in addition to giving the bank collateral (house). Generally, mortgage loans have to pay insurance premiums (insurance companies that have cooperative relations with banks), which is also for banks to ensure that borrowers repay on time.
Many people will pay this insurance premium when they apply for a mortgage, which is usually several hundred yuan. Generally, the insurance premiums paid by different loan amounts are different. You can consult the bank or insurance company before handling the loan. In order to avoid late overdue, it is best to measure your repayment ability before handling the loan.
In order to comply with the bank's regulations in handling loans, borrowers 18 years old or above are usually required to have full capacity for civil conduct and valid personal identification, and submit the bank's application for running water and loans in the last six months. After the submission, the bank will review it and get the loan after passing it.
After the bank issues the loan, the borrower shall repay the loan on time as agreed in the contract, and there shall be no overdue repayment. There will be penalty interest after overdue repayment, and the longer the time, the more penalty interest will be generated. Moreover, overdue repayment will also affect personal credit information, and the handling of various loans will be affected after the credit information becomes worse.
Why should I pay the premium for the loan?
This is a kind of credit insurance, based on the debtor's credit. Here, if you borrow money from the bank, you are the debtor. You have an obligation to repay the bank loan. In order to reduce the risk of funds, the bank requires insurance for the buyer.
Therefore, it plays a role in protecting buyers from special circumstances such as death and disability when they are unable to fulfill their repayment obligations. If the buyers have the above accidents in the process of repaying the loan, the insurance company will repay the loan, so that the purpose of the bank will be achieved.
Extended data
Private enterprises can get loans in time, which is beneficial to the development of private economy. Secondly, it eases the contradiction between the restriction of the banking system and increasing investment. As the owner of operating credit funds, banks are faced with the risk of not being able to recover loans on time, and often require loan enterprises to provide mortgages or guarantees.
For the domestic insurance industry, it not only provides an effective way to develop new types of insurance, but also does not need to increase additional costs. At present, the cooperation between bank and insurance is deepening day by day, so loan credit insurance may as well try. It should be said that this is a good starting point
Credit insurance can solve the urgent need of loans. With personal credit, you can get a small consumer loan from the bank within 3~5 working days without collateral and guarantor, which is the direct role of credit insurance loans.