1. Mortgage loan is a way for buyers to borrow money from banks. That is, the buyer uses the purchased property as collateral, signs a mortgage contract with the bank, and takes the non-transfer right as a guarantee to repay the loan to the bank on schedule. Interest must be paid on this loan, and the buyer can recover the collateral after paying off the principal and interest to the bank as agreed in the contract.

2. Mortgage loan means that the buyer obtains a loan from the bank with the purchased building as collateral, and the buyer pays the bank in installments according to the repayment method and time limit stipulated in the mortgage contract; Banks charge interest at a certain rate. If the lender defaults, the bank has the right to take away the house.

3. Housing mortgage loans are mainly used for buying houses; The real estate mortgage loan is mainly used for capital turnover for business and consumption purposes. In terms of interest rate, mortgage loans implement the benchmark interest rate; The benchmark interest rate of mortgage loan will rise. Generally speaking, mortgage loan has a lower interest rate than mortgage loan.

4. The longest loan term of mortgage loan is 3 years, and each loan term is determined by the commercial bank through consultation with the borrower according to the borrower's age, working years, repayment ability and other factors; The longest loan period of mortgage housing loan is no more than 1 years.