What kind of loan is a mortgage loan to buy a house?
Buying a house by mortgage loan is a pledge method when buying a house by provident fund loan. Provident fund loans to buy a house must have collateral, in addition to housing, but also securities. Maximum amount of provident fund loan10.2 million, pure provident fund loan and portfolio loan. The provident fund loans in portfolio loans also need collateral.
How to repay this loan?
1. The monthly limit can be customized. The monthly repayment amount of provident fund loans is based on the income level standard, and the minimum monthly repayment amount of loans is set. Lenders need to adjust the loan amount to relieve the pressure. They can apply in advance and then exceed the minimum standard.
2. Withdraw the spouse's provident fund. Repayment of provident fund loans can be made from the spouse's provident fund, provided that the spouse's provident fund has been paid for more than one year, and other loans have not been repaid, and they are in the same area.
3. Repay in advance. Provident fund loans are repaid in advance within one year, and one year after monthly payment.
Mortgage loan to buy a house is a provident fund loan, and commercial loans do not need mortgage. The repayment amount of provident fund loans can be adjusted on a monthly basis to solve temporary financial difficulties. You can also withdraw your spouse's provident fund for repayment or repay the provident fund loans in advance.