During the loan process, the main lender has a loan relationship with the bank, and other * * * owners must sign the same personal mortgage contract (the spouse of the spouse should also sign it on the spot), indicating that they agree to mortgage all the properties purchased by * * * to the bank.

Once there is a dispute between * * * people, the main lender will bear the risk that other * * * people will not repay the loan as agreed. In addition to individual mortgage loan contracts, some banks have also signed multi-party agreements with everyone.

The multi-party agreement clarifies the rights and obligations of all owners. When the borrower fails to repay the mortgage on time, the bank can collect the loan from other owners.

If a bank loan is borrowed in the name of one party and returned separately, it shall be clearly stated in the written agreement whether the bank loan is contributed by one party and the future division method.

If you borrow money from a bank in the name of one party and both parties repay it, you need to have a more detailed agreement, stipulating that the money will be transferred to the transfer-out account, and the monthly repayment will also be made by bank transfer. Doing so can try to avoid the risk that one party will hand over cash to the borrower to repay the loan, and there is no account record, so it is difficult to prove after a dispute occurs.