Can I buy a car with a loan and use a foreign property as collateral? Because my house was bought out of town.

When you apply for a loan to buy a car, you can't apply for a mortgage loan with a real estate in a different place. When you apply for a loan, you need to apply for a certificate of other rights in the local construction committee. The risk of buying a house in a different place is high, and banks generally do not accept it. The process of applying for real estate mortgage loan:

The borrower opens a current deposit account in the bank;

prepare the information required for the loan;

face-to-face signing bank;

bank filing and approval;

after the approval of the bank, notify the borrower of the approval result and sign a loan contract with the borrower;

go to the construction Committee to register the mortgage;

the project construction Committee issues other rights certificates;

handle insurance, notarization and other procedures as appropriate;

the bank directly transfers the loan to the account agreed in the contract;

the borrower pays the principal and interest according to the loan contract.

Conditions of real estate mortgage loan:

Natural persons aged 18-65;

having a proper occupation and a stable income source, and having the ability to repay the loan principal and interest on schedule;

there is no illegal act;

good credit information and bad credit record;

being able to provide effective pledge guarantee of rights recognized by the bank, or being able to use legal and effective real estate as mortgage guarantee or a third-party guarantee with compensatory ability;

open a personal settlement account of the bank, and agree that the bank will deduct the loan principal and interest from the personal settlement account designated by it;

the property right of the house is clear, and it meets the conditions for listing and trading stipulated by the state;

real estate can enter the real estate market without any other mortgage;

the sum of the house age and the loan application period cannot exceed 4 years;

the mortgaged house is not included in the local urban reconstruction and demolition plan, and there are real estate licenses and land certificates issued by the real estate department and the land management department;

other conditions stipulated by the bank.

Preparation materials for real estate mortgage loan:

Original and photocopy of ID cards of the borrower and spouse;

the original and photocopy of the household registration book of the borrower's husband and wife;

proof of marital status;

original house purchase agreement;

the original and photocopy of the advance payment receipt for 3% or more of the house price;

proof of income;

bank flow;

academic credentials;

bank deposit slip;

other financial proof;