Borrowers should pay attention to the following matters when handling real estate mortgage loans:
1. Choosing a lending institution requires "shopping around"
At present, almost all lending institutions can accept real estate mortgage loans, but the loan requirements of different institutions are different, so it is best to "shop around" when choosing lending institutions, rather than "get hot-headed" and choose one.
2. The mortgaged property meets the loan requirements.
Although it is easier to apply for a loan with real estate as collateral, the real estate as collateral must meet the requirements, that is, the age of the house cannot exceed 20 years; Have real estate license and state-owned land certificate; No property rights; Have strong liquidity; Can be listed and traded normally
3. Other people's property needs the consent of the other party.
According to the relevant regulations, if the borrower has no house in his own name, he can also apply for a loan with the property in someone else's name as collateral. However, when using other people's property as collateral to handle loans, the consent of the owner of the house must be obtained, and the other party must issue a letter of commitment to agree to mortgage, otherwise the mortgage will be invalid.
Don't forget to find a guarantee company when you have difficulty in getting a loan.
In the case of collateral, if the bank still refuses the loan, don't forget to ask the local formal guarantee company for help. Generally, it is easy to apply for a loan with the intervention of a guarantee company, but the borrower needs to pay a certain guarantee fee.
Remember to cancel the mortgage when you pay off the loan.
Borrowers who apply for real estate mortgage loans, don't forget to go through the mortgage cancellation procedures after the loan is settled, otherwise your house will always be in a mortgage state.
Difference between mortgage, pledge and guarantee of Nantong housing provident fund loan
1. To apply for a personal housing provident fund loan, the borrower shall provide guarantees in the form of guarantees recognized by Nantong Housing Provident Fund Management Center, including existing house mortgage, securities pledge and auction guarantee.
Second, the mortgage of existing homes refers to the borrower himself, the third party owned by * * or with legal ownership certificate and no defects when applying for loans. Among them, if the property owned by * * * or the property of a third party is used as collateral, the written consent of the owner and the third party must be obtained and notarized.
If an existing house is mortgaged, it must go through the mortgage registration formalities with the local real estate management department and hand over his right certificate to the entrusted bank for safekeeping. If the collateral needs to be assessed, it shall be assessed by an assessment agency that has the right to assess.
During the mortgage period, the mortgagor shall be responsible for the maintenance, management and protection of the mortgaged property, and accept the supervision and inspection of Nantong Housing Provident Fund Management Center and its branches and entrusted banks at any time.
After the borrower pays off all the principal and interest of the loan and all the expenses that should be borne, the borrower will go through the formalities of cancellation of mortgage registration with the real estate management department in conjunction with Nantong Housing Provident Fund Management Center and its branches and entrusted banks.
3. Securities pledge refers to the pledge of government bonds, bank certificates of deposit and other securities when borrowers apply for loans. The amount of loan principal and interest secured by pledge shall not exceed the value of securities.
Where the borrower pledges securities, it shall hand over the securities to the entrusted bank for safekeeping. If the securities expire during the pledge period, they can be used to repay the loan principal and interest in advance with the consent of the pledger, or they can be transferred after being cashed by the entrusted bank. After the borrower pays off all the loan principal and interest and pays all the expenses that should be borne, the entrusted bank will return the pledged securities to the borrower.
Four. Faster house guarantee means that when the borrower applies for a loan, the real estate developer who signed a mortgage loan cooperation agreement with Nantong Housing Provident Fund Management Center and its branches and entrusted banks will provide the borrower with staged joint and several liability guarantee before the borrower obtains the property ownership and completes the mortgage registration, and bear the following irrevocable guarantee responsibilities:
(1) The guarantee amount is the sum of the loan principal, interest, penalty interest and other related expenses in the name of the borrower.
(2) The guarantee period starts from the effective date of the loan contract to the date when the real estate developer completes mortgage registration for the purchaser (borrower) and submits the house ownership certificate to the entrusted bank for signature.
(3) During the guarantee period of the auction house, if the borrower fails to repay the principal and interest of the loan for three consecutive months, the guarantor shall repay the arrears on his behalf within one month after receiving the Notice on Fulfilling the Guarantee Responsibility of Personal Housing Mortgage Loan issued by the branch of Nantong Housing Provident Fund Management Center or the entrusted bank.
(four) if the guarantor fails to perform the guarantee responsibility, the entrusted bank has the right to deduct the money owed by the borrower from its deposit account.
(5) Creditor's rights and debts arising from the guarantor's paying off debts on his behalf shall be paid off by the guarantor and the borrower.
Five, the borrower has one of the following circumstances, the lender has the right to stop lending to the borrower, have the right to terminate the loan contract, recover the loan principal and interest in advance, have the right to dispose of the collateral or pledge right according to law, and require the guarantor to perform the guarantee responsibility in advance:
(1) The borrower provides false certification materials to the lender.
(2) The borrower fails to use the loan for the purpose agreed in the loan contract.
(3) The damage of collateral is not enough to pay off the loan principal and interest, and the obvious reduction of pledged property affects the lender's realization of pledge right, but the borrower fails to implement the new pledged (pledged) property as required.
(4) Without the consent of the lender, the borrower sells, transfers, donates or repeatedly mortgages the property or rights with mortgage or pledge.
(5) During the loan period, the borrower fails to repay the loan principal and interest and pay related expenses for three consecutive months or six cumulative months.
(6) When the loan expires, the borrower fails to repay the principal and interest of the loan on schedule, and the borrower still fails to pay off the principal and interest of the loan and pay the related expenses within 30 days from the date when the lender issues the dunning notice.
(7) During the performance of the loan contract, the borrower dies, is declared missing or loses the capacity for civil conduct, and his heirs, legatees, guardians and property custodians refuse to continue to perform the loan contract or fail to repay the loan principal and interest and pay related expenses for six consecutive months.
(eight) the borrower refuses or hinders the lender from supervising and inspecting the use of the loan.
(9) The borrower is involved in or about to be involved in major litigation or arbitration procedures and other laws, which is enough to affect its solvency.
(10) Other events that may affect the borrower's solvency occur.
(eleven) other circumstances agreed by Nantong Housing Provident Fund Management Center and the entrusted bank and the borrower.
Six, the main way to dispose of collateral and pledge is entrusted auction. The proceeds from the disposal of collateral or pledge shall be distributed in the following order:
(1) Paying the expenses for disposing of the mortgaged property and pledge.
(2) Deduct taxes and fees related to collateral.
(three) to pay off the personal loan principal and interest of the housing provident fund owed by the borrower.
(4) The balance shall be returned to the borrower or heir or donee.
(five) the borrower has no heir, the donee or the heir and the donee give up, and the balance is included in the value-added income of the housing provident fund.
If the proceeds from the disposal of collateral or pledge are insufficient to repay the loan principal and interest and pay related expenses, the entrusted bank shall recover from the borrower, guarantor, heir or donee.
Which bank is faster in Nantong real estate mortgage loan?
Real estate mortgage loan ICBC is the fastest.
If it is a few well-known banks in China, ICBC has the fastest mortgage loan. Let's look at the bank's mortgage loan. The loan funds can only be classified within 7 working days after the required materials are delivered, not to mention that it takes 1 month to complete the loan. ICBC is highly efficient, and it is slightly better in this respect. It can grant loans within five working days at the earliest.
Different banks have different conditions to apply for real estate mortgage loans, such as credit status, personal income, work unit, repayment ability and so on. Applying for real estate mortgage loan in a loan company mainly depends on whether the real estate value is high or not and whether it has liquidity. Credit status is good or bad. Borrowers with debts can generally borrow from banks or loan companies as long as they can provide qualified real estate mortgages.