If the loan is not enough to buy a house, you can find someone to guarantee it. Users borrow money to buy a house, and the bank has insufficient water. You can choose to let friends, relatives and colleagues be guarantors, and it will be easier to pass the mortgage review with guarantors. Of course, the requirements of the commercial loan guarantor are different from those of the provident fund loan guarantor. For example, the guarantor of the provident fund loan must also pay the provident fund continuously for more than half a year, and there is no provident fund loan under his name.

What conditions do commercial loan guarantors need to meet?

1. The guarantor must be 18-65 years old and have full capacity for civil conduct;

2. The legal and valid identity certificate of the guarantor;

3. Have a stable source of income and the ability to repay in full and on time;

4. Have a good credit record.

Loan guarantee refers to the legal act that the borrower or the third party provides a legal measure to guarantee the creditor to realize the creditor's right according to the contract. When the debt is not paid off at maturity, the creditor shall exercise the security right to pay off the creditor's rights according to law.

What conditions do provident fund loan guarantors need to buy a house?

Where a guarantor is needed to apply for a housing provident fund loan, the guarantor shall meet the following conditions:

1, with full capacity for civil conduct;

2. Have a fixed residence or valid residence status in the local town, and the income is relatively stable;

3. The housing accumulation fund has been paid continuously and normally for more than 6 months, and its account has paid more than 1 year;

4. No provident fund loan balance and other bad debts;

5. During the period when the borrower fails to repay the loan principal and interest in full, he may not withdraw the housing provident fund or apply for a housing provident fund loan;

6. The age of the housing provident fund guarantor and the term of the secured loan shall not exceed the statutory retirement age.