In the process of applying for a loan from a bank, in order to control risks, banks will require guarantees when handling personal housing loans. So what are the main ways to guarantee personal housing loans? Generally, mortgage, pledge, guarantee and mortgage (pledge) plus guarantee are adopted.

(1) The mortgage loan method refers to the loan method that the loan bank gives to the borrower with the property provided by the borrower or a third party that meets the specified conditions as collateral.

(2) Pledged loan means that the borrower or a third party gives the certificate of rights that meet the prescribed conditions to the loan bank for possession, and the loan bank uses this right as the loan guarantee to issue loans to the borrower.

(3) Guaranteed loan means that the loan bank provides loans to the borrower with a legal person or individual who has the ability to pay off on behalf of the borrower as a guarantor.

(4) Mortgage (pledge) plus secured loan means that the loan bank requires the borrower to provide a qualified guarantor as a loan guarantee on the basis of mortgage (pledge) provided by the borrower or a third party.