Brief introduction and business introduction of Shanghai Housing Property Guarantee Co., Ltd.

I. Introduction of Guarantee Company

According to the spirit of the Ministry of Construction and China People's Bank's Trial Measures for the Administration of Housing Property Rights Guarantee (2000 108), Shanghai Housing Property Rights Guarantee Company was formally established on July 25th, 2000 with a registered capital of 500 million yuan. As the first professional guarantee institution at the municipal level engaged in housing provident fund loan guarantee and housing commercial loan guarantee, the guarantee company aims to promote the development of individual housing loan business in this city, prevent and resolve housing loan risks, and provide citizens with low-cost, high-quality and convenient loan guarantee services.

Adhering to the business tenet of "Your reputation is my service" and relying on the main business of housing loan guarantee, the company is committed to working closely with commercial banks in Shanghai to actively develop related guarantee business with housing as collateral, and serve the society and repay customers with its strength, reputation and products.

The second is to launch commercial housing loan guarantee business.

(1) Commercial housing loan guarantee

Housing commercial loan guarantee includes housing pure commercial loan guarantee and portfolio loan full guarantee, that is, the borrower applies for housing pure commercial loan or housing portfolio loan, and the purchased house is mortgaged to the bank (portfolio loan is mortgaged to the guarantee company at the same time), and the guarantee company provides guarantee for commercial loan and provident fund loan.

(two) housing provident fund loan guarantee

Housing provident fund loan guarantee means that the borrower applies for housing provident fund loan, and the purchased house is mortgaged to the guarantee company, which provides joint liability guarantee.