The borrower can apply to the bank for deferred repayment or directly let the bank auction the property. 1. If the mortgage loan is not paid, users can choose to apply to the bank for deferred repayment or let the bank auction the property directly. If the user's current repayment ability is insufficient, deferred repayment can ensure that the user has enough time to prepare repayment funds. 2. After the user's economic situation changes, it is impossible to repay the loan in the future, and the bank can auction the property, and the proceeds from the auction can be directly used to repay the mortgage. If the mortgage loan is not paid, personal credit will be affected. No matter whether users want real estate or not, overdue debts should be paid off as soon as possible. 1. About real estate mortgage 1) Real estate mortgage means that the owner of the real estate takes the deed of the house as collateral and obtains a loan to pay interest on schedule. The property right of the house is still managed by the property owner himself, and the creditor only takes interest on schedule and has no right to manage the house. After the loan is paid off, the property owner will terminate the mortgage of the deed. When the debtor fails to perform the debt, the creditor has the right to dispose of the mortgaged house according to law, and has the right to receive priority compensation for the proceeds from the disposal of the mortgaged house. 2) The party providing the mortgaged house is called the mortgagor, and the original creditor accepting the mortgaged house is called the mortgagor. The mortgagor of a house must have full capacity for civil conduct, and a person without capacity for civil conduct or with limited capacity for civil conduct may not set up a house mortgage. 2. How to handle the mortgage loan of real estate 1) Choosing a lending institution: First, choose a formal lending institution, and of course generally choose a bank, which is safe and reliable. The loan interest rate is lower than other non-bank institutions, but the audit requirements are higher and the lending speed is slower. 2) Submit loan information: After the loan bank is selected, buyers can begin to prepare for mortgage loan procedures. First, the loan information is submitted, which usually requires the borrower and his spouse's valid identity documents, household registration book, marriage certificate, personal income certificate, loan purpose certificate or statement, mortgage property ownership certificate and other documents or materials required by the lending institution. 3) Waiting for review: After the buyer submits the relevant materials for applying for mortgage loan, the bank will review the borrower according to the materials. At this stage, there is basically nothing for property buyers, and the loan will conduct a preliminary review of the basic materials we submitted before, which meets their requirements. 4) real estate assessment: How much the mortgage loan can get has a lot to do with real estate assessment. Generally speaking, lending institutions, especially banks, are required to go to designated or recognized evaluation institutions for evaluation, and an evaluation fee will be charged during the evaluation. Different assessment agencies charge different fees. 5) Signing a loan to buy a house: The mortgage loan amount has been determined, and the buyers are eligible for mortgage loans. Next, it's time to sign a loan contract. Lending institutions will re-examine according to the materials and evaluation reports submitted before, and will communicate with you about the loan amount, interest rate, term and repayment method. After communication, you can sign the contract. 6) Handling mortgage registration: As the property buyers use real estate as mortgage loan, after signing the mortgage loan contract, they should handle mortgage registration at the Housing Authority where the house is located. The materials to be prepared include: the applicant's identity certificate, marital status certificate, application for housing registration, house ownership certificate or property right certificate, state-owned land use certificate, mortgage contract and principal creditor's rights contract, and other necessary materials. 7) Lending: The loan contract with the bank has been signed, and the registration of real estate mortgage has been completed. Next, it is time to wait for the bank to lend money. Generally, it won't take long for banks to pay for houses. Under normal circumstances, the mortgage will come down after waiting for more than one and a half months.

Second, what should I do if the mortgage is not repaid?

There are still two solutions to housing mortgage loan:

1. Seek help from lending institutions. It is suggested that borrowers with insufficient repayment ability can choose to seek help from other lending institutions when the loan is about to expire. If the amount is small, they can consider applying; If the amount is large, you can ask the guarantee company to help you pay off the balance and remove the mortgage, and then apply for a new loan from the bank, and repay the advance payment of the guarantee company after getting the loan. 2. "Enjoy" the grace period for repayment If there is a financial crisis and the repayment fails to be completed as scheduled, the borrower can use the policy to "enjoy" the grace period for repayment. Specifically, the house will not be auctioned immediately after overdue repayment. Generally, banks will file a lawsuit to auction houses when the repayment is overdue for about half a year.

Third, what are the consequences of mortgage loans?

If it is a bank, the house may be auctioned.