First, the loan has been approved, but the contract has not been signed, and the loan can be cancelled or suspended.

2. If the lender successfully passes the examination and approval, it will have a credit period of 6 months and a use period of 6 months; Within six months, users can decide whether to spend the money, how much and when to spend it, without interest;

Three, but once the loan is used, the loan used must pay monthly interest (in the form of monthly interest payment), and return the principal on the agreed date; Support advance payment.

Measures for the administration of mortgage loans

In order to better support the development of agriculture, countryside and farmers, build a new socialist countryside, increase the types of loans and ensure the safety of loans. In order to safeguard the legitimate rights and interests of both borrowers and lenders, these measures are formulated in accordance with the relevant provisions of the state.

Article 1 Mortgage loan is a loan method that the borrower is willing to use his own property or the property of a third party as a guarantee when borrowing from the company. When the borrower fails to repay the loan principal and interest at maturity, the Company has the right to dispose of its collateral as repayment of the loan principal and interest and related expenses.

Article 2 To handle mortgage loans, a mortgage loan contract shall be signed on the basis of equal consultation in accordance with relevant state regulations.

Article 3 Scope of collateral: fixed assets (such as houses and other above-ground buildings, vehicles, machinery and equipment, etc.) with legal value and use value; Materials or property that can be circulated or transferred.

If the house purchased under the preferential policies of the state is mortgaged, the mortgage amount shall be limited to the share of the mortgagor's disposition and income; An enterprise as a legal person with an operating period may not mortgage a house beyond the operating period;

If a house with land use years is mortgaged, the mortgage period shall not exceed the remaining years after the used years minus the used years stipulated in the land use right transfer contract. Where a house is mortgaged, the right to use the state-owned land within the occupied area of the house shall be mortgaged at the same time.

Article 4 The materials that the mortgagor shall provide:

1. A written application of the mortgagor agreeing to mortgage and relevant certificates;

2. Qualification certificate of the mortgagor;

3. Proof of ownership (or disposition right) of the mortgaged property;

4. Basic information of the collateral;

5. Other relevant information.

Article 5 Mortgage rate: The maximum value of mortgaged property shall not exceed 70%.

Article 6 Mortgaged property shall be registered with the relevant departments according to law: