Legal analysis: This is actually possible, but this form of loan requires the borrower's parents to provide proof of consent to mortgage before applying. Not only the property under the name of parents, but also other relatives and friends can apply for loans as long as the borrower can provide proof of consent to mortgage, but the premise is that the mortgaged property must meet the following conditions. 1, and the real estate area meets the requirements of the lending institution, generally not less than 50 square meters; 2. The building age of the property is less than 20 years; 3. The real estate property rights are clear, and there must be a real estate license; 4. The mortgaged property has strong liquidity; 5. The types of real estate are personal residence, commercial house, office building, shop or factory building, etc. 6. The geographical location of real estate should meet the requirements of lending institutions. However, I want to remind you that whether you mortgage your own property or your parents' property, you must remember to repay the loan on time in the process of using the loan. If it is too late or unable to repay, the mortgaged property will face great risk of confiscation. Legal basis: Article 394 of the Civil Law of People's Republic of China (PRC) guarantees the performance of debts. If the debtor or a third party mortgages the property to the creditor without transferring the possession of the property, the debtor fails to perform the due debt or the creditor has the right to receive priority compensation for the property. The debtor or the third party specified in the preceding paragraph is the mortgagor, the creditor is the mortgagee, and the property that provides guarantee is the mortgaged property. Article 395 The following properties that the debtor or a third party has the right to dispose of may be mortgaged: (1) Buildings and other land attachments; (2) The right to use construction land; (3) the right to use the sea area; (4) Production equipment, raw materials, semi-finished products and products; (5) Buildings, ships and aircraft under construction; (6) means of transportation; (seven) other property not prohibited by laws and administrative regulations. The mortgagor may mortgage the property listed in the preceding paragraph together. Article 400 To establish a mortgage, the parties shall conclude a mortgage contract in writing. A mortgage contract generally includes the following clauses: (1) the type and amount of secured creditor's rights; (2) The time limit for the debtor to perform the debt; (3) The name and quantity of the mortgaged property; (4) the scope of the guarantee. Article 419 During the limitation of action for principal creditor's rights, the mortgagee shall exercise the right of mortgage. If it is not exercised, people will not be protected.
2. Can I use my father's real estate license as a loan?
My father's real estate license does not need a loan, but a real estate license:
Because the real estate license is not your name, the bank will not accept it, and you don't have your father's ID card, let alone a low-cost mortgage.
Because the house is mortgaged with real estate license.
, that is, you need a real estate license and your identity.
The bank will accept the original certificate.
3. Can I borrow with my parents' real estate license?
You can borrow money in the name of your parents. Mortgage with their real estate license, not in your name. If you borrow money in your name, you have to mortgage it with your parents' real estate license. However, it is necessary to handle entrustment, guarantee, etc. And the procedures are cumbersome. I don't think it's necessary.