Cars are collateral recognized by financial institutions and can be used to apply for mortgage loans. However, cars are consumables and wear and tear every year. Therefore, if you apply for a loan with a car as collateral, the loan period and loan amount will be limited to some extent. Common collateral is generally real estate, which belongs to real estate, and financial institutions have higher recognition of real estate than cars.

Of course, as long as the user's car meets the mortgage conditions, it can be used to apply for a mortgage loan. Compared with credit loans, the amount of mortgage loans will be higher.

Extended information

Mortgage classification

Bank mortgage loan

1, personal housing loan

1, personal housing commercial loan

Personal housing commercial loan is a self-operated loan issued by bank credit funds, which refers to a self-operated loan in which a natural person with full capacity for civil conduct buys a self-occupied house in the urban area of this city, and the purchased property house is used as collateral. Repay the loan. And apply to the bank for commercial housing loans.

2, personal housing provident fund loans

Personal housing provident fund loans are entrusted loans issued by policy housing provident fund. Refers to the workers who pay the housing provident fund in the urban area of this city and purchase, build, transform or overhaul their own houses. The housing provident fund loan applied to the bank is used as a guarantee for repayment of the loan.

3. Individual housing portfolio loans

All borrowers who meet the requirements of commercial loans for individual housing pay the housing provident fund at the same time, and apply to the bank for personal housing provident fund loans at the same time when applying for commercial loans for individual housing, that is, the borrowers will use the purchased urban self-occupied housing as collateral. You can apply to the bank for personal housing provident fund loans and personal housing commercial loans at the same time (this loan method is called personal housing portfolio loans).

2. Enterprise mortgage loan

Enterprise loan target: small and medium-sized enterprises in good operating condition in industrial and commercial registration.

Term of enterprise loan: generally 1-5 years.

Enterprise loan amount: generally 500,000 to 65.438 billion yuan.

Basic requirements:

1. Holding a loan card issued by the People's Bank of China, with no bad credit record.

2. The company has been registered and operated for 1 years, with an annual turnover of more than 3 million in the previous year.

The comprehensive interest rate handling fee is generally between 8%- 14%.