I believe many property buyers are familiar with bank mortgage loans, but they often have only a smattering of specific guarantee methods. In fact, the choice of guarantee method is also very important. You must choose the way that suits you. Then how can the guarantor of Shenzhen mortgage loan guarantee it? Which guarantee method is better for Shenzhen mortgage loan? I believe that many property buyers are familiar with bank mortgage loans, but they often have only a smattering of specific guarantee methods. In fact, the choice of guarantee method is also very important. You must choose the way that suits you. Then how can the guarantor of Shenzhen mortgage loan guarantee it? Which guarantee method is better for Shenzhen mortgage loan?

How does the guarantor of Shenzhen mortgage loan guarantee?

1. The so-called bank loan guarantor means that the guarantor and the borrower agree that when the borrower fails to repay the loan, the guarantor will perform the repayment obligation as agreed. Guarantee is generally divided into general guarantee and joint liability guarantee. When repaying a general bank loan, you should first look at whether the guarantee you made during the guarantee is a joint liability guarantee or a general liability guarantee.

2. If it is a joint and several liability guarantee, the bank can choose between the borrower and the guarantor which is easier to implement and which is implemented first; If it is a general guarantee, then the borrower's assets should be recovered first, and then the remaining loan after full compensation should be recovered from the guarantor. Where the surety has not agreed on the method of suretyship or the agreement is unclear, the surety shall be liable according to joint and several liability.

Which guarantee method is better for Shenzhen mortgage loan?

1, the common mortgage guarantee is that the debtor or the third party does not transfer the possession of the property, but takes the property as the guarantee. Among them, the collateral as a guarantee can be movable property or immovable property. After the collateral is mortgaged, the borrower's right to use the collateral will not be affected. However, when the borrower fails to perform the debt, the bank can auction and sell the collateral according to the provisions of the Guarantee Law, and the proceeds will be used to repay the loan principal and interest first.

2. There is also a pledge guarantee. Pledge guarantee means that the borrower can apply for a loan with his own movable property or legal right certificate as pledge. However, when using pledge guarantee, the borrower must pay attention to two points: the pledge must comply with the law; The borrower must sign a written pledge contract.

3. Then there is the guarantee, that is, when the borrower applies for a loan, he provides a guarantor recognized by the bank as a guarantee. But at present, this kind of guarantee is difficult to choose, because the guarantor needs to bear joint and several liability, many people are unwilling to do such a thing, and not all the guarantors meet the requirements of the bank. Which is better depends on your own situation.

The above is about how to guarantee the mortgage loan guarantor in Shenzhen, and which guarantee method is better for the mortgage loan in Shenzhen. Now the commonly used guarantee methods are mortgage guarantee, pledge guarantee, mortgage plus guarantee and guarantee guarantee. You can choose the guarantee method according to your actual situation.