With the continuous development of society, people's needs are increasing. There are many ways to borrow money now, such as mortgage. And many people are using it, so what if the mortgage hasn't arrived yet?

1. Apply for an extension. If the money is not paid for the time being, you can negotiate with the lending institution to apply for an extension. Generally speaking, as long as the situation is true, lending institutions are still willing to give a certain period of extension.

2. borrow money from friends and relatives. If you are popular, you can also borrow money from friends and relatives to repay the loan, but you must make a good loan, agree on the interest, and return the arrears in time when the situation at hand improves.

3. Collateral is auctioned. If you are really unable to repay the loan, you can let the lending institution auction the collateral, and the proceeds will be used to repay the loan principal and interest first, and the rest will be returned to you. No matter what way you use to relieve the current economic pressure, remember: repayment! Don't use "delay" or simply don't return, which will easily bring trouble to yourself.

In fact, even if it is really overdue, everyone should not evade the problem, but take it seriously and solve it. However, I suggest that you still have to repay the loan on time. If it is overdue, it will not only generate interest, but also affect personal credit problems.

What should I do if I can't afford the mortgage with my house?

Method of repaying mortgage loan: 1. Apply to the bank for an extension. If the payment is not paid for the time being, you can apply to the bank for an extension. If the situation is true, the bank will not be so harsh. You can negotiate and sign a supplementary agreement with the bank to adjust the monthly repayment amount or extend the repayment period.

2. Borrow money from relatives and friends If the money is really tight, you can ask relatives and friends for help. Whether you can borrow it or not, you must try it first, but you must borrow a good loan and pay it back in time when the economy is well off.

3. As a last resort, collateral can only be auctioned. This is the last resort. Naturally, we don't want our house to be auctioned. Perhaps for many people, this is the only property we don't want to lose, but if there is no other way, we can only do so. After the collateral is auctioned by the lending institution, the proceeds will be used to repay the loan principal and interest first, and the rest will be returned to you.

Housing mortgage in the Civil Code is not how to deal with real estate.

If the debtor fails to pay, the creditor may not directly possess the collateral:

Perhaps many people think that since the debtor is unable to repay, the claim that the house should be owned by the creditor is reasonable, but it is actually illegal and invalid.

China's "Guarantee Law" clearly stipulates that when a creditor and a mortgagor conclude a mortgage guarantee contract, they shall not stipulate in the contract that if the debtor cannot repay the debt at the expiration of the debt performance period, the collateral shall be owned by the creditor.

In the mortgage guarantee contract, all similar clauses will be invalid because they violate the law, and because such clauses belong to the main clauses of the contract, if the main clauses of the contract are invalid, the whole contract will be invalid, so this kind of mortgage guarantee contract is invalid.

What should I do if the mortgage is not repaid?

Solve the problem that mortgage loans cannot be repaid after maturity;

1. If you are in financial difficulties but don't want your house to be auctioned, you can borrow money from relatives and friends first.

2. If not, you can apply to the bank for a grace period. If the situation is true, the bank will agree to extend the repayment date within a certain period of time;

3. If it is really unable to repay the loan, the lender can auction the collateral, and the proceeds will be used for compensation first.

Repay the principal and interest of the loan.

Housing mortgage loan is a kind of loan provided by the bank to ensure the safety of the loan. The borrower's real estate, securities and other documents can legally obtain the lien and pledge of the borrower's property through certain contracts.

This kind of loan is actually a loan method in which the debtor (mortgagor) legally transfers the property ownership to the creditor (mortgagee) to obtain a loan. During this period, if the debtor fails to repay the loan principal and interest on schedule, the creditor has the right to dispose of the collateral and get priority compensation. This loan method can reduce the loan risk of creditors and provide effective protection for creditors to recover their loans.

Article 247 of the Civil Procedure Law of People's Republic of China (PRC) * * * After the property is sealed up or detained, the executor shall order the person subjected to execution to perform the obligations specified in the legal documents within a specified time limit. If the person subjected to execution fails to perform within the time limit, the people's court shall auction the sealed-up or distrained property; If it is not suitable for auction or the parties agree not to auction, the auctioneer may entrust the relevant unit to sell or sell it on his own. Articles prohibited by the state from trading freely shall be handed over to the relevant units for purchase at the price stipulated by the state.

What if I can't repay my mortgage?

Unable to repay automobile mortgage's solutions are:

1, asking for help: If the owner does not repay the car loan temporarily, he can borrow money from relatives and friends around him to repay it, which can prevent the overdue car loan, otherwise the overdue car loan will not only generate high overdue interest, but also affect personal credit information;

2. Resale the vehicle: If the owner can't continue to repay the car loan, but the negotiation with the bank fails, at this time, the owner can choose to voluntarily give up the vehicle and hand it over to the bank for auction, which is very uneconomical. For the owners, the auction loss is more serious;

3. Negotiate repayment: If the car loan is not repaid, the owner can try to call the customer service staff of the lending institution to negotiate and apply for an extension of the repayment period to repay the arrears in installments.

Let's stop here for the introduction of what to do if the mortgage is not repaid.