Houses in rural areas are different from those in cities now. The fundamental reason lies in some historical problems left over from rural land property rights. Because rural houses are collective property rights, they cannot be listed and traded, but there are still many farmers who want to take out their houses for mortgage loans when they are in urgent need of money. So, can rural houses be mortgaged? What is the process of rural housing mortgage loan?

Can rural houses be mortgaged?

1. In the past, rural houses could not apply for mortgage loans, mainly because rural houses were collectively owned and did not have property certificates. In other words, rural houses lack a housing registration and confirmation system, and property rights are unclear.

2. If the peasant comrades want to use their own houses as mortgage loans, they must have the property rights and disposal rights of the houses. If the property owned by * * * is used as collateral for mortgage loan, the consent of the owner of * * * must be obtained.

What is the process of rural housing mortgage loan?

1. The actual age of the loan maturity date is generally not more than 65 years old; And have a legitimate occupation and a stable source of income in China, and have the ability to repay the loan principal and interest on schedule; Willing and able to provide real estate mortgage approved by the lender; The property * * * recognizes its loan and guarantee behavior and is willing to bear relevant legal responsibilities.

2. Conditions for mortgage of real estate in China: the property rights of the house should be clear, meet the listing and trading conditions stipulated by the state, and can enter the real estate market without other mortgages; Mortgaged houses are not included in the local urban reconstruction and demolition plan, and there are real estate licenses and land certificates issued by real estate departments and land management departments.

3. In China, the mortgagor can be the borrower himself or someone else. If another person's property is used as collateral, the mortgagor must issue a written commitment to the borrower to apply for a loan with his property as collateral, and ask the mortgagor, his spouse or other property owners to sign it.

4. Materials to be submitted by domestic lenders: Materials to be provided by borrowers include: ID card and household registration book; Personal income certificate (stamped with the official seal of the unit); Copy of business license of self-employed unit (with official seal); Marriage certificate; Identity card and household registration book of the borrower's spouse; Housing ownership certificate; The application form and loan use certificate of the house owner and the * * * owner agreeing to mortgage.

5. Loan finance, service life and interest rate: The initial amount of real estate mortgage is 5,000 yuan, with the maximum not exceeding 70% of the real estate assessment value of mortgage. The loan term is generally not more than 5 years, and it can be as long as 10 year. The loan interest rate shall be implemented according to the commercial loan interest rate stipulated by the People's Bank of China for the same period, which is conducive to repaying the principal and interest on a monthly basis.

The above specific content is about whether rural houses can be mortgaged and how to interpret the mortgage process of rural houses in detail. I hope it can help everyone. Rural housing mortgage loan business should meet the conditions of rural housing mortgage loan at the same time, and should be handled according to the process.