mortgage loan means that the lender takes the property owned by itself or a third party as collateral. And repay the principal and interest to the bank by stages with stable income, and use its property right certificate as collateral to the bank before paying off the principal and interest. If the property buyer can't repay the principal and interest according to the time limit, the bank can sell the house to offset the arrears.
personal loans refer to local and foreign currency loans issued by banks or other financial institutions to natural persons who meet the loan conditions for personal consumption, production and operation. When a lender issues a personal housing loan, the borrower must provide a guarantee. If the borrower fails to repay the principal and interest of the loan at maturity, the lender has the right to dispose of its collateral or pledge according to law, or the guarantor shall bear joint and several liability for repayment of the principal and interest.