1. mortgage loan as loan guarantee
If the borrower has real estate, he can choose to use personal housing as collateral to guarantee the loan. The appraised value of the real estate will not be low, which will help to increase the borrower's loan amount.
If the lender takes the purchased house as collateral, there is no need to evaluate the collateral, which can save the borrower an evaluation fee; If the lender takes the house with its own property rights as collateral, the collateral needs to be evaluated by an evaluation agency designated by the bank, and the mortgagor needs to pay the evaluation fee.
If the house is used as the loan guarantee, the borrower and the borrower shall go through the mortgage registration formalities with the real estate management authority in accordance with the provisions of relevant laws and regulations, and the mortgage registration fee shall be borne by the borrower. In addition, the borrower also needs to purchase collateral property insurance and loan guarantee insurance from an insurance company recognized by the loan bank according to regulations, with the insurance amount not less than the total loan principal and interest, and the insurance expenses shall be borne by the borrower.
Therefore, the borrower has to pay the mortgage registration fee, insurance fee and mortgage evaluation fee. If the borrower is well-off, you can consider this method.
Two. Pledge of rights as loan guarantee
In addition to real estate and cars, banks can also accept specific securities and certificates of deposit as collateral, including government bonds, financial bonds and corporate bonds recognized by banks. Certificates of deposit refer to RMB time certificates of deposit.
When the borrower applies for a pledged loan, the amount contained in the pledge right certificate must exceed the loan amount, at least 10% of the loan amount.
All kinds of bonds must be authentic and valid before they can be used for pledge. The certificate of deposit must have the identity certificate of the opening bank and the certificate of exemption from loss reporting. When signing a loan pledge contract with the bank, the borrower shall hand over the securities, certificates of deposit and other pledges to the loan bank for safekeeping, and the bank shall assume the custody responsibility.
Generally speaking, the choice of pledge loan guarantee requires families to have sufficient financial assets, which can fully meet the housing consumption demand, but it will bring some losses if it is difficult to achieve it for a while or after it is realized.
Third, the loan guarantee is guaranteed by a third party.
This personal housing loan guarantee method requires the borrower to provide a guarantor recognized by the loan bank. According to the regulations of the loan bank, the guarantor must be an enterprise legal person, provide loan guarantee for the borrower, and be an irrevocable joint liability guarantee.
The borrower shall provide a copy of the business license of a third-party legal person. The third-party legal person must be independent in accounting, be responsible for its own profits and losses, have a sound management organization and financial management system, have an enterprise credit rating equivalent to AA or above, open an account with a loan bank, and have no major disputes over creditor's rights and debts, otherwise neither party can be a third party.
Legal basis: Article 685 of the Civil Code stipulates that the guarantee contract can be a separate written contract or a guarantee clause in the principal creditor's rights and debts contract.
If the third party unilaterally makes a written guarantee to the creditor, and the creditor accepts it without raising any objection, the guarantee contract is established.
The ways of guarantee in Article 686 of the Civil Code include general guarantee and joint liability guarantee.
If the parties have not agreed on the way of guarantee or the agreement is unclear in the guarantee contract, they shall bear the guarantee liability according to the general guarantee.