Now there is a loan company to guarantee the lender.
1. But the responsibility of the guarantee company is to provide guarantee for operating loans. If it is an individual, the guarantee company only does honorary guarantee, and the procedures are relatively complete.
Secondly, the guarantee fee charged by the guarantee company is very high. Equivalent to the level of, so it is not recommended.
1) (financing) loan guarantee: loan guarantee refers to the lender (financial institution) and borrower (mainly industrial and commercial enterprises and natural persons) who provide third-party guarantee. The guarantee institution shall ensure that the borrower fails to repay the principal and interest within the time limit stipulated in the loan contract, and the borrower shall pay the due principal and interest. The loan guarantee contract shall take effect from the date when the borrower receives the loan, and shall be terminated after the borrower or guarantor repays the principal and interest. Loan guarantee is the main business of credit guarantee institutions, and its purpose is to alleviate the financing difficulties of enterprises. Dispersing the possible risks of bank loans and enterprise financing will play a certain role in ensuring credit security and promoting enterprise development.
2) The main form of loan guarantee is working capital loan guarantee. Working capital loan is a loan issued to solve the problem of insufficient working capital in the production and operation of enterprises. This kind of credit is characterized by short credit term (within one year), strong liquidity and low financing cost, and it is the most commonly used credit for customers. Working capital loan guarantee is called working capital loan guarantee. Fixed assets loan guarantee. Enterprises in the purchase of machinery and equipment, technological transformation, land purchase and housing, real estate development and construction investment and other funds, apply for loan guarantees from banks. Personal consumption loan guarantee: refers to a natural person with stable income, good credit and good credit status. The ability to repay the principal and interest of the loan and the civil behavior are the guarantees provided by the bank to buy consumer goods or meet personal consumption needs such as education and tourism. Personal enterprise loan guarantee: refers to the guarantee provided by individual industrial and commercial households or individual industrial and commercial households when they borrow money from banks for production and operation needs. Guarantee for laid-off workers: It aims to solve the problem that it is difficult for laid-off workers and unemployed people to obtain bank loans because of the small demand.
Why do you need a guarantee company to guarantee a house with a loan?
To ensure that the lender has the strength to repay the loan. When an individual or enterprise borrows money from a bank, in order to reduce the risk, the bank does not lend money directly to the individual, but requires the borrower to find a third party (guarantee company or qualified individual) to guarantee.
In general, no guarantee company is needed. Before the real estate license comes out, in order to protect their own rights and interests, after signing the purchase contract, the developer is responsible for the early guarantee (the developer needs to pay a certain percentage of deposit to prevent some owners from defaulting on the supply and affecting the quality of bank loans); Unless the developer's qualification is too poor, a guarantee company is needed.
Extended data:
Mortgage method
1. The full name of the personal housing entrusted loan is the personal housing guarantee entrusted loan, which refers to the personal housing loan entrusted by the housing fund management center to commercial banks by using the housing provident fund. Housing provident fund loan is a policy personal housing loan, on the one hand, the interest rate is low; On the other hand, it mainly provides such loans to low-and middle-income workers who pay the provident fund. However, because the interest difference between housing provident fund loans and commercial loans is above 1%, both investors and ordinary people who buy houses and live in their own homes are more inclined to choose housing provident fund loans to buy houses.
2. Personal housing self-operated loans are loans issued to individual buyers with bank credit funds as the source. Also known as commercial personal housing loans, the loan names of banks are different. China Construction Bank is called individual housing loan, and Industrial and Commercial Bank and Agricultural Bank are called individual housing guarantee loan.
3. Personal housing portfolio loan refers to a loan issued to the same borrower with housing provident fund deposits and credit funds for the purchase of self-occupied ordinary housing, which is a combination of personal housing entrusted loans and self-operated loans. In addition, there are housing savings loans and mortgage loans.