Traditionally, houses under construction, which are unfinished and cannot be delivered for use, are auction houses. In other words, the developer starts with the pre-sale permit of commercial housing and ends with the property right certificate (property right card). Commercial housing in this period is called faster, and consumers should sign pre-sale contracts when buying commercial housing at this stage. Then, what about faster mortgage? Can the full house be mortgaged?

Forward mortgage loan

Faster mortgage refers to the mortgage of real estate under construction or pre-purchased commercial housing by real estate developers, including the mortgage of construction in progress and the mortgage of pre-purchased housing:

1. Mortgage of construction in progress means that the land use right obtained by the mortgagor in a legal way, together with the assets invested in the construction in progress, is mortgaged to the loan bank as a guarantee for repayment of the loan and performance.

2. Pre-sale mortgage means that after the buyer pays the house price specified in the first installment, the loan bank pays the remaining house price on his behalf, and he mortgages the purchased commercial house to the loan bank as a guarantee for repayment of the loan.

The mortgage of forward house should meet certain conditions.

3. Pre-sale of commercial housing mortgage, commercial housing development projects must meet the conditions of real estate transfer and obtain a pre-sale permit for commercial housing, and a valid pre-purchase contract must be submitted. If the project under construction is mortgaged, the mortgagor must have the state-owned land use right certificate, construction land planning permit, construction project planning permit, etc.

4. The mortgage registration of auction house is special, and the registration authority shall record it in the mortgage contract. If the mortgaged real estate is completed during the mortgage period, after the mortgagor obtains the certificate of real estate ownership, the parties concerned shall re-register the real estate mortgage.

Term mortgage loan

First, the house can be mortgaged in full. Housing requirements: the property right of the house should be clear, meet the listing and trading conditions stipulated by the state, and can enter the real estate market for trading without other mortgage; The age of the house (calculated from the date of completion of the house) and the loan period cannot exceed 40 years;

Mortgaged houses are not included in the local urban reconstruction and demolition plan, and there are real estate licenses and land certificates issued by real estate departments and land management departments;

2. Lender's requirements: having a proper occupation and a stable source of income, and having the ability to repay the loan principal and interest on schedule; No illegal acts and bad credit; Being able to provide effective pledge guarantee of rights recognized by banks or legal and effective real estate as mortgage guarantee or a third-party guarantee with compensatory ability;

Open a personal settlement account of the bank, and agree that the bank will deduct the loan principal and interest from the personal settlement account designated by it; Other conditions stipulated by the bank.

If the auction house is mortgaged, the mortgagor can only be the buyer of the auction house, and the director cannot be the buyer. If the real estate agent is allowed to use the pre-sold house as collateral again, it will inevitably lead to the conflict between the buyer's right to purchase and the developer's mortgage, which will hinder the realization of the preemptive right. About faster mortgage loan? Can the full house be mortgaged? That's all.