Real estate mortgage loan is a common product in bank loan products, and almost every commercial bank has related products. But for borrowers, there has always been a misunderstanding that as long as it is a house, it can be used as a mortgage loan, which is incorrect. Because of the complexity of real estate, banks have requirements for the property rights of real estate mortgaged by borrowers. So, which houses can be mortgaged?
The following types of houses shall not be mortgaged:
The first category: houses with outstanding loans.
It should be noted that if the property is still mortgaged, then the mortgage of the property is actually in the hands of the bank, which is equivalent to the temporary transfer of property rights. Although the borrower has the right to use, he does not have complete property rights, so he has no right to control the property and cannot apply for a loan with it.
The second category: second-hand houses that are too old and too small.
Most banks have strict regulations on mortgaged properties. On the whole, banks will find it difficult to realize the real estate with an area of ≤50 square meters and a room age of ≥20 years, and it is difficult to make mortgage loans. Of course, if the property is in the main functional area of the city, some properties can apply for loans separately;
The third category: affordable housing that has not yet reached the five-year period.
In the charter of affordable housing, the competent department clearly pointed out that only after the expiration of five years, affordable housing (or price-limited housing) can be eligible for listing and trading, and property rights can be completely transferred. If the landlord sells the house within five years, it will violate the relevant regulations and cannot realize the transfer of property rights, let alone the qualification of mortgage loan;
The fourth category: small property houses.
It is called small property rights (or township property rights), but it is actually no property rights. This is the embarrassment of this kind of real estate. There is no proof of property right, only a seller's sales contract, which has not been recognized by the housing management unit. And this kind of housing, if it encounters policy land use planning, will face the risk of being destroyed, so financial institutions will not mortgage this kind of housing;
The fifth category: partially purchased public houses.
Although most of the purchased public houses have been converted into individual independent property rights, there are still a few special ones. For example, some properties that cannot provide purchase contracts and agreements; And the central delivery room that cannot provide the relevant listing certificate of the central delivery room. Because the ownership of this kind of property is still in a vague state, due to credit risk and liquidity problems, it is impossible to mortgage the property to apply for a loan.
(The above answers were published on 2015-11-05. Please refer to the actual purchase policy. )
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