Hello, there is no risk.
Because the bank's mortgage loan cannot be directly lent to the borrower, it needs to be lent to a third party.
Relatives also let you be a tripartite payee out of trust.
Second, why does ICBC need a third party to make mortgage loans?
Because the mortgage he made is a consumer loan, it needs to be earmarked, so he can't directly call back the account, which has no effect on you.
Third, is there any risk for the third-party payee of housing mortgage loan?
You can call directly if you want to consult anything.
My friend asked me to be the third-party payee of the loan. Do I need to take any risks?
Risk:
Guaranteed loans to others need to bear the following risks:
The guarantor may be accused of:
If the borrower defaults, the bank or finance company will sue the guarantor.
The guarantor may be declared bankrupt;
If the debt exceeds 30,000 yuan, the guarantor may be declared bankrupt.
Multiple guarantors are unsafe:
Debt is not necessarily borne equally by multiple guarantors. Banks also don't have to choose to collect debts from richer guarantors. Lenders have the right to choose to collect debts from all or one of the guarantors.
Death does not mean exemption from warranty;
In joint and several guarantees involving multiple guarantees, after the death of the guarantor, his legacy can still be used to repay debts. However, if it is only a joint guarantee, its legacy does not need to be used to pay off debts.
To sum up, the general guarantor needs to bear the above responsibilities.