2. Prepare a sum of money, deposit it in the bank account at a fixed time every month for a few months before the loan, take it out after a while, and continue next month. If this continues for a period of time, there will naturally be running water information.
What's the difference between mortgage and mortgage?
1, different parties
Mortgage loan is a kind of currency and goods transaction among buyers, developers and banks around housing property rights, loans and repayments. In the process of trading, the responsibilities of all parties are also different. The developer plays the role of middleman or guarantor, the buyer is the mortgagor and the bank is the beneficiary of the mortgage.
Mortgage generally involves only the mortgagor and the mortgagee, and there is no need for a guarantor. In reality, real estate mortgage generally occurs when the lender owns all the property rights of the house. Mortgaging the house to the bank is simply exchanging things for money, which is much simpler than mortgage.
2, the required information and process
Mortgage is carried out on the premise that the lender obtains the real estate license. Lenders first sign loan contracts with banks with down payment certificates, house purchase contracts and other materials. After the loan is paid off, the property right of the house is transferred from the development unit to the lender, and the lender temporarily transfers the ownership to the bank. The information needed is information such as house ownership certificate and purchase contract.
To handle mortgage loans, you should sign a loan contract with the bank with land use certificate, house ownership certificate, loan purpose and other materials.
3. Has the ownership been transferred?
Mortgage means that under the premise of paying part of the house price, the house property right is temporarily given to the bank as a loan guarantee by signing a loan agreement with the bank, so as to obtain a bank loan, repay a certain monthly payment through the lender, and finally recover the house property right from the bank after paying off all the loans and interest, so as to have independent house property right.
Mortgage means that the buyer mortgages the house under his name to the bank as collateral, thus obtaining the loan from the bank, but the property right of the house is still in the hands of the lender. The bank only has the mortgage right of the house, and has no right to dispose of the house at will, and has never owned the property right of the house.
4. The purpose of the loan is different.
To some extent, the basic purpose of mortgage and mortgage guarantee is to ensure the performance of the loan relationship, but there are still differences in details.
The purpose of mortgage is to reduce the risks in housing transactions and loans as much as possible through the temporary transfer of housing property rights, so as to obtain loans to the maximum extent, complete housing transactions and obtain housing ownership. The purpose of mortgage is to obtain funds through the mortgage of collateral to accomplish other purposes.
5. The loan interest rate is different.
Generally speaking, the interest rate is the benchmark interest rate stipulated by the People's Bank of China. However, the mortgage interest rate will generally enjoy certain concessions, and occasionally it will rise slightly with the change of policies, but the magnitude will not be particularly large.
However, mortgage loans are different. The loan interest rate of real estate mortgage loans is generally floating on the basis of the original interest rate, and the floating rate is relatively large. Generally speaking, the cost of mortgage is higher than mortgage. Simply put, under the same loan amount, mortgage loans pay more interest than mortgage loans.
6. The loan term is different.
Mortgage, in short, is what people call a loan to buy a house when they buy a house every day. According to the bank's assessment of the lender's repayment ability, the longest loan period is generally 30 years. If the lender is too old or the financial ability is insufficient, there will be the possibility that the bank will not lend. The longest loan period of mortgage loan can reach 10 year, and as long as there is collateral, the existence of collateral is reasonable and legal, and generally few banks do not lend money.