Second, the relevant contents of mortgage loans

1. Mortgage loan is a personal housing loan business in which buyers use their purchased houses as collateral and their real estate enterprises provide phased guarantees. The so-called mortgage means that the mortgagor transfers the property rights of the house to mortgage, and the beneficiary acts as the repayment guarantor. After the mortgagor pays off the loan, the property rights involved are immediately transferred to the mortgagor, and the mortgagor enjoys the right to use in this process.

2. The word "mortgage" was originally a local dialect, which was found in China, Hong Kong, Macao and Taiwan. From the end of 1980s, it gradually appeared in Chinese mainland from south to north. Except for the China Special Administrative Region, there is no provision on mortgage in the law. Before Hong Kong's return to the motherland, the provisions on mortgage in Hong Kong were broadly defined and narrowly defined. Mortgage in a broad sense refers to any form of pledge (pledge is the mortgage of movable property) and mortgage; Narrow mortgage refers to transferring the property to the lender's name, and then transferring the property back to the borrower's (mortgagor's) name after the loan is paid off. There are some differences between the mortgage stipulated in the Urban Real Estate Management Law and the Guarantee Law and the mortgage in Hong Kong, that is, the definition of mortgage in these two laws is based on the transfer of possession. Housing mortgage loan is a new financing method, which is different from the financing method of housing mortgage loan, and there are essential differences between them.

3. "mortgage" has two meanings: real estate mortgage and installment repayment. It refers to a loan method in which a bank issues a purchase of owner-occupied housing to a natural person with full capacity for civil conduct, and repays the loan with the property house purchased by him as a mortgage, and repays the principal and interest of the loan on a monthly basis. It is divided into individual housing commercial loans (referred to as commercial loans) and individual housing provident fund loans (referred to as provident fund loans). Specifically, the mortgage loan refers to the purchase of the building as collateral to obtain loans from the bank, and the buyers pay the bank in installments according to the repayment method and time limit agreed 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.