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Can parking spaces also be used for mortgage loans?

1. Can parking spaces also be used for mortgage loans?

If it is a mortgage loan, our bank currently only accepts real estate as mortgage; if you need to apply for a "personal car mortgage loan", You can use the purchased vehicle (new non-operating car) as a mortgage application; you can also try to apply while waiting.

2. Can I apply for a mortgage loan for a parking space with title?

If a personal parking space has property rights, it can apply for a mortgage loan. It’s just that because the value of a parking space is not as high as that of a personal property, the loan amount that can be applied for will be relatively low.

The process of applying for a mortgage loan using a parking space is relatively cumbersome. To apply for a parking space mortgage loan, the applicant is required to have the property ownership certificate of the parking space, personal ID card, household registration book, work certificate, and income certificate. Bank card statement and other information to apply.

It should be noted that most banks cannot handle parking space mortgage loans. Although banks cannot handle parking space mortgage loans, some loan companies can handle parking space mortgage loans. It is recommended that you apply for a parking space mortgage loan from a regular local loan company.

3. Can a parking space be used for mortgage loans?

No, according to the current housing provident fund management rules, it can only be used to buy a house. Unless the price when you buy a house includes a parking space, you can use provident funds.

4. Can I get a mortgage loan

Can I get a mortgage