There are five kinds of mortgage loans:
Bank mortgage loan
① Individual housing loans: individual housing commercial loans, individual housing provident fund loans and individual housing portfolio loans;
② Enterprise mortgage loan;
③ Trust mortgage loan.
Pawnshop mortgage
Mortgaged pawn refers to the act that a pawnshop mortgages its real estate to a pawnshop, pays a certain percentage of fees and interests to obtain a pawnshop, and pays the interest and expenses of the pawnshop within the agreed time limit, repays the pawnshop and redeems the pawnshop. The interest and expenses add up to about 3% per month.
Vehicle mortgage
Automobile mortgage is a loan obtained from a financial institution or an automobile consumption loan company with the borrower's or a third person's car or self-purchased car as collateral. The purpose of loans with automobiles as collateral is mainly automobile consumption. Of course, cars depreciate rapidly, and traffic accidents are likely to affect the value of vehicles. There are relatively few ways for financial institutions to issue loans with cars as a single mortgage. ) The emergence of automobile mortgage service platform "Easy Car Loan" provides a new channel for people who own private cars to borrow money in the short term.
house property mortgage
Real estate mortgage loan refers to the RMB loan in which the borrower mortgages the purchased commercial house, and the loan bank provides the borrower with a package of financial services to meet his various needs such as house purchase, parking space, large durable consumer goods, automobiles and house decoration. Financial institutions give borrowers a certain credit line within the stipulated mortgage interest rate. Generally speaking, the loan approval and lending cycle of financial institutions are relatively long, and the emergence of a real estate mortgage loan service platform-Qianbang Capital and Youjia Loan provides borrowers with a new channel for rapid financing.
Five-color soil mortgage
The borrower mortgages the real estate in the name of the lender (natural person), and the lender directly gives the funds to the borrower, and the borrower repays the principal and interest as agreed. If the borrower fails to perform the due debt, the lender has the priority to be repaid. Wuse Soil is responsible for risk management, pre-lending risk rating and post-lending litigation execution of mortgage loans. Conduct due diligence on each mortgage loan, evaluate the risk and determine the risk level of five-color soil: AAA, AA, A, etc. The interest rate plus fees is generally around 18% per year.