Housing loan is not a mortgage loan.

Housing loan: refers to the loan issued by a commercial bank to a borrower for the first time to purchase a house.

Housing mortgage loan: refers to the lender's own or third-party property as collateral. And repay the principal and interest to the bank by stages with stable income, and mortgage the bank with its property certificate before paying off the principal and interest. If the buyer can't repay the principal and interest on time, the bank can sell the house to offset the debt.

Second, is it cost-effective to convert mortgage to mortgage?

In terms of loan interest rate, it is cost-effective. As we all know, when banks apply for loans, the loan interest rates of different products will be different.

The mortgage interest rate is definitely higher than the mortgage interest rate. 202 1, the average interest rate of the first home loan is above 5.8%, while the interest rate of the shed-reform mortgage is generally around 5%.

Suppose a's house, choose a loan to buy a house, a prepares a down payment of 300 thousand, and needs to apply for a mortgage of 700 thousand.

According to 5. The loan term is 30, and the loan interest is about 6.5438+0.2 million.

And if A buys a house in full and then mortgages the house, the high probability is that the loan amount is about 700,000, and the loan interest rate is about 5%.

A to apply for a 30-year mortgage loan, you need to bear the remaining 350,000 yuan.

In addition to saving interest, if you buy a house in full first and then mortgage it, you can also save the next purchase, and you can also talk to the developer about the housing chain.

And the general approval period of mortgage loan is 1-2 months, and the approval period of mortgage loan is 2-3 working days.

Mortgage, also known as house mortgage. Mortgage refers to the documents that buyers must submit when filling out mortgage loans to banks, such as ID cards, income certificates, house sales contracts, letters of guarantee, etc. After the bank promises to issue loans, it will handle the notarization of real estate mortgage registration according to the mortgage loan contract concluded by the purchaser, and the bank will directly transfer the loan funds into the bank account of the selling unit within the time limit stipulated in the contract.

housing loans

Personal housing loans refer to personal housing loans issued by banks to borrowers for personal use. Personal housing loans mainly include entrusted loans, self-operated loans and portfolio loans. entrusted loan

Entrusted by the entrusted department of individual housing, loans are issued to individuals who purchase ordinary housing according to the requirements of housing laws and regulations. Also known as provident fund loans.

Personal housing self-operated loan is a personal housing loan issued by bank credit funds to buyers, and the loan names of different banks are different. Construction Bank is called individual housing loan, and Industrial and Commercial Bank and Agricultural Bank are called individual housing guarantee loan.

Combined loan pants

Personal housing portfolio loan refers to a loan issued to the same borrower with housing provident fund deposits and credit funds for the purchase of self-occupied ordinary housing, which is a combination of personal housing entrusted loans and self-operated loans. In addition, there are housing savings loans and mortgage loans.

Mortgage repayment method: average capital, etc.

Loan amount: 8% of the value of the loanable property after being audited by the bank.

Mortgage down payment: 30% down payment for the first home mortgage loan and 50% down payment for the second home mortgage loan.

Loan life: 30 years for first-hand houses and 20 years for second-hand houses. At the same time, the loan period plus the applicant's age must not exceed 70 years old.

The loan ratio of more than five years is 1. 1 times higher than 6.5, or 7.26%.

way

There are three ways of housing loan, namely portfolio loan.

3. Is the house purchase loan a mortgage loan?

calculate

4. Is mortgage a mortgage loan?

Subjectivity of law: Mortgage loan is the behavior that the borrower applies for RMB loan from the bank with the property under his name as collateral. Individuals applying for mortgage loans need the parties to have good credit, stable occupation and income, and agree to use the real estate or assets recognized by the loan bank as collateral.

Legal objectivity: when it is impossible to obtain bank credit loans, or the credit loans provided by banks are difficult to meet the needs, SMEs can provide collateral to banks to obtain loans. Mortgage means that the debtor or the third party does not transfer the possession of the property and takes the property as the guarantee of the creditor's right. When the debtor fails to perform the debt, the creditor has the right to discount or give priority to the payment from the auction or sale of the property. When SMEs provide collateral to banks, the risk of bank loans to them is greatly reduced, so banks are often willing to provide loans to these enterprises. According to the guarantee law, the following properties can be mortgaged: (1) houses owned by the mortgagor and other things fixed on the ground; (2) Machines, vehicles and other property owned by the mortgagor; (three) the right to use state-owned land, houses and other fixed objects on the ground that the mortgagor has the right to dispose of according to law; (4) State-owned machinery, vehicles and other property that the mortgagor has the right to dispose of according to law; 5] The land use right of barren hills, gullies, hills and beaches contracted by the mortgagor according to law and mortgaged with the consent of the employer; (six) other property that can be mortgaged according to law. The guarantee law stipulates that the following property shall not be mortgaged: (1) land ownership; (two) the right to use collectively owned land, such as cultivated land, homestead, private plot and private plot; (3) Educational facilities, medical and health facilities and other public welfare facilities of schools, kindergartens, hospitals and other institutions and social organizations; (4) Property whose ownership and use right are unknown or controversial; (5) Property that has been sealed up, detained or supervised according to law; [6] Other properties that may not be mortgaged according to law. The mortgagor and the mortgagee shall conclude a mortgage contract in written form, which shall include the following contents: (1) the type and amount of the principal creditor's rights to be secured; (2) The time limit for the debtor to perform the debt; (3) Name, quantity, quality, condition, location, ownership or right to use the mortgaged property; (4) The scope of mortgage guarantee; 5] Other matters that the parties think need to be agreed.