Although the policy of buying houses has been introduced, more and more people buy houses. Among them, most people borrow money to buy a house, and relay loans and heli loans are the first choice for most people. So, what's the difference between Heli loan and relay loan?

The difference between heli loan and relay loan;

The theoretical concept of 1 is different.

Heli loan refers to a housing credit product in which children are the owners of purchased houses and their parents are borrowers. The main purpose is to appropriately extend the borrower's age plus the loan period, which is not limited by the prescribed upper limit.

Relay loan refers to the housing credit product in which the parents are the owners of the purchased house and the children of the parents are the same borrower.

Two different risks were taken.

The same is true of Heli Loan. There may be disputes between parents and children because of property rights of houses or property problems after marriage. Some banks may require borrowers to notarize their share of property.

Relay loans may lead to disputes over housing property rights between parents and children, or disputes over inheritance disposal between heirs. Some banks may show liabilities in their credit reports.

It should be reminded that there are inconsistencies between Heli loan and relay loan. Perhaps the lender is not a direct lender, but because of their lineal relatives, this kind of loan does not conform to the principle of authenticity in the original sense.