1. The property rights of the house must be clear and comply with the listing and trading conditions stipulated by the state. Simply put, a real estate certificate is required.

2. The age of the house cannot be too long, and the sum of the age of the house (calculated from the date of completion of the house) and the loan term cannot exceed 40 years.

3. The mortgaged house is not included in the local urban reconstruction and demolition plan, and has a real estate certificate and land certificate issued by the real estate department and the land management department.

What is the process of real estate mortgage loan?

1. Loan application: The borrower proposes the purpose, amount and term of the loan.

2. Prepare loan materials: The borrower will prepare all the documents and certificates required for loan application as required.

3. House inspection and evaluation: Relevant agencies will conduct on-site inspection and evaluation of the mortgaged house.

4. Apply for loan approval: Submit all loan application materials together with the appraisal report or survey opinion to the bank for approval.

5. Notarization of the loan contract: After the borrower and the mortgagor fill in the (loan contract) and all relevant documents, sign, and stamp their fingerprints, the notarization will be notarized by the notary.

6. Mortgage registration procedures: The bank will go to the housing management department to handle the mortgage registration procedures with the house ownership certificate and the notarized loan contract.

7. Account opening and lending: The borrower opens a repayment account and the bank lends money to the account.

What is the difference between a real estate mortgage loan and a mortgage loan?

1. The cost is different:

Mainly in terms of interest rates. For mortgage loans, they are commercial loans, also known as commercial loans. Personal home loan. A mortgage loan refers to a loan obtained from a bank by a borrower using certain collateral as collateral. The interest rates are all based on the benchmark interest rates stipulated by the People's Bank of China. In the past, there were discounts on mortgage loan interest rates. Due to today's tight policies and small quotas, interest rates have risen instead of falling. However, the increase in mortgage loans is lower than the increase in mortgage loans.

2. The subjects of the legal relationship are different:

In a mortgage relationship, if the debtor is the mortgagor, there are only two legal relationship subjects, namely the mortgagee and the mortgagor. In the mortgage relationship, there should be at least three legal relationship entities, namely the mortgagor (bank), the mortgagor (buyer), and the third party (original house owner).

3. Different pre-conditions:

The borrower needs to apply for a house mortgage loan from the bank, and uses a certain amount of collateral as an item to guarantee the loan obtained from the bank. The mortgage loan can be used to Purchase a house and can also be used for other purposes.