Fake mortgage generally means that the developer, in order to cash out funds, purchases the house in the name of a fictitious home buyer (an internal employee or a relative of the developer or a stranger), and obtains the loan from the bank. Obtain the relevant home purchase loan.

Fake mortgages generally refer to developers purchasing the houses in the name of fictitious buyers (internal employees or relatives of the developer or strangers) in order to cash out funds, and then borrowing money from banks. Obtain relevant home purchase loans.

The procedure is generally as follows:

Developers usually use the other party’s ID card for a fee by giving the ID card holder a certain amount of remuneration, and the ID card holder needs After signing the mortgage loan contract, the bank will lend money to the developer according to the contract, and the developer will usually take it back in advance. There is usually an agreement between the developer and the ID card holder, which includes the developer's promise not to require the ID card holder to bear any debts and confidentiality clauses.

Fake mortgage methods:

1. The loan applicant is usually an insider

First, the developer will usually arrange internal staff to use internal Apply for sales loans for pre-sale commercial housing in the name of staff;

Second, developers generally do not limit themselves to internal staff. For example, the developer uses his relatives or some of the people he can find. People come to make fake mortgages.

The most common feature of these two situations is that they apply for a loan from the bank in their own name. Basically, the loan applicant is aware of this matter.

2. The loan applicant did not know

The name of the loan applicant was used fraudulently, and he himself did not know about applying for a loan from the bank, including the signature on the bank's loan document. None of it belongs to him.

Characteristics and manifestations of fake mortgages:

Developers use internal employees, affiliated companies or relatives and friends as borrowers. Most of the characteristics are that the developer applies for a unified application and the developer is responsible for repayment. , one person purchases multiple houses, the unit price and total price of the house are high, the loan ratio is high, and the loan amount is close to the sub-authorization control line.

1. Use loans from internal related parties. Developers use their internal employees, relatives of employees, acquaintances, and friends to pretend to purchase housing or commercial housing that is difficult to sell due to poor orientation or other difficult-to-sell conditions, or they fabricate the fact of purchasing a house and apply for mortgage loans at banks in their own names, and the developers are responsible for repaying them.

2. Use loans from external parties.

3. Forge borrower information and maliciously obtain loans.

4. Use information asymmetry to deceive borrowers and banks. The early house purchase behavior was true. The developer applied for a mortgage loan in the name of the house purchaser. However, after the loan was issued, the developer charged the full house payment from the house purchaser on the grounds that the bank refused to provide a mortgage, resulting in the loan actually being terminated. It was not actually in the name of the home buyer, but was misappropriated by the developer.

5. Inflated housing prices and purchased area.

6. The developer allocates the down payment or repayment uniformly.

7. Malicious repeated sales of properties, repurchase after sale, and resale after purchase.

8. Virtual transaction fact transfer credit funds.

Risk control and prevention measures for fake mortgages:

1. Review of developers

2. Review of projects

3. Review of borrowers

4. Requirements for bank investigation and approval personnel

5. Legal means to deal with fake mortgages

In fact, learn more It would be beneficial for us to understand what a fake mortgage loan is and the characteristics and risk prevention of related fake mortgage loans, so that we can know how to solve similar problems in the future.