How to finance affordable housing? First of all, understand what is affordable housing, like a trading company? Affordable housing refers to the housing built in housing construction plan according to the national economy. Affordable housing has the characteristics of economy, safety and practicality. Of course, the advantages of affordable housing are intuitive, but many friends have no money and need to apply for loans to solve the problem of buying houses. How to finance affordable housing? What is the loan channel? Let's investigate together.

Affordable housing loan channels

The operation process of affordable housing loan is basically the same as that of commercial bank loan. Generally speaking, the channels of affordable housing loans are divided into

1, mortgage:

Mortgage loan refers to the loan that the lender obtains from the bank with certain collateral as collateral, and the collateral must be something recognized by the bank. The lender must repay the loan amount and interest at the end of the loan term. Otherwise, the bank has the right to dispose of the collateral as compensation.

2. Pledged loan:

Pawnshop loan refers to the loan in the form of pawnshop stipulated in the Guarantee Law, which is issued by the lender with the borrower or the third party as the movable property or right of pawnshop. The pawnbroker gives the title certificate to the lender, and the pawn contract shall take effect from the date of delivery of the title certificate. If the personal certificate of deposit is pledged, the identity certificate of the opening bank and the proof of payment stop shall be provided.

3. Secured loan:

Secured loan refers to the loan with joint civil liability arising from the loan contract when the lender promises that the loan cannot repay the principal and interest in accordance with the guarantee method stipulated in the Guarantee Law.