1. To apply for a loan by mortgage, the collateral must comply with the relevant provisions of the Guarantee Law of People's Republic of China (PRC), and the real estate mortgage should comply with the provisions of the Measures for the Administration of Urban Real Estate Mortgage of the Ministry of Construction of People's Republic of China (PRC). The borrower must use the full value of the property for loan mortgage, and the mortgage rate shall generally not exceed 50%. At the same time, the borrower must register the collateral according to the relevant provisions of the Guarantee Law of People's Republic of China (PRC) before obtaining the loan.
Two, to apply for loans by pledge, pledge is limited to commercial banks to open savings certificates of deposit, treasury bonds and other securities with stable value and easy to realize. The pledge rate of bank certificates of deposit and government bonds shall not exceed 90%, and the pledge rate of other securities shall be determined separately according to their values. The pledge provided by the borrower must comply with the provisions of the Guarantee Law of People's Republic of China (PRC), and go through the relevant registration formalities according to the relevant provisions. If notarization is required, the borrower (or pledger) shall go through notarization procedures.
3. If you apply for a loan through a third-party guarantee, you should provide a third-party guarantee acceptable to the bank. The guarantee provided by the third party is an irrevocable joint and several liability guarantee. If the property used for mortgage (pledge) needs to be assessed, it may be assessed by the bank or by an asset appraisal institution entrusted by the bank. During the pledge guarantee period, the borrower or the mortgagor (pledgee) shall not pledge (pledge) repeatedly or transfer, lease, sell or give to the mortgagor (pledgee) without the consent of the bank. Without the consent of the pledgee, the pledged securities shall not be reported for any reason.
If the affiliation, nature, name, address, household registration and marital status of the guarantor change, it shall notify the lender 30 days in advance and sign a revised loan contract and guarantee contract with the bank. If the guarantor loses the guarantee ability, goes bankrupt or is divided, it shall notify the bank in time, re-provide full guarantee and sign a guarantee contract.