The so-called mortgage loan means that when buying a house, the buyer only pays a certain amount of down payment, and then mortgages the house to the loan bank with the house as collateral, and the mortgage proceeds are used by the buyer to pay the remaining house price, and then the buyer settles with the loan bank.

The mortgagor will transfer the property right to mortgage, and the beneficiary will serve as the repayment guarantee. After the mortgagor pays off the loan, the beneficiary immediately transfers the property rights involved to the mortgagor, and the mortgagor enjoys the right to use the house in the process.

What is a loan to buy a house?

Buying a house by loan refers to the loan business in which the buyer applies for a loan from the bank to pay the house price with the building traded as collateral, and then the buyer pays the principal and interest to the bank in installments.

The financial arrangement of housing loan funds involves a wide range of contents, but the most important ones are the amount (percentage), term and expected annualized interest rate of housing loan. Before introducing the above three issues, it is necessary to explain to buyers the three existing loan methods: housing provident fund loan, personal housing commercial loan and personal housing portfolio loan. Housing provident fund loans are commercial loans provided by commercial banks; Personal housing commercial loan is a policy loan entrusted by the provident fund management center to commercial banks; Personal housing portfolio loan is a combination of the former two.

Housing provident fund loans: For residents who have already paid housing provident fund, low-interest housing provident fund loans should be the first choice when buying a house. Housing provident fund loans have the nature of policy subsidies, and the expected annualized interest rate of loans is very low, which is not only lower than the expected annualized interest rate of commercial bank loans in the same period (only half of the expected annualized interest rate of commercial bank mortgage loans), but also lower than the expected annualized interest rate of commercial bank deposits in the same period. In other words, there is a spread between the expected annualized interest rate of housing provident fund mortgage loans and the expected annualized interest rate of bank deposits. At the same time, when handling mortgage and insurance related procedures, the housing provident fund loan will be charged by half.

Personal housing commercial loan: The above two loan methods are limited to employees who have paid housing provident fund, and there are many restrictions. Therefore, people who have not paid the housing provident fund have no chance to apply for loans, but they can apply for personal housing secured loans from commercial banks, that is, bank mortgage loans. As long as your balance in the loan bank accounts for not less than 30% of the funds needed for house purchase, and it is used as the down payment, and the assets recognized by the loan bank are used as collateral or pledge, or the units or individuals with sufficient compensation ability are used as guarantors to repay the principal and interest of the loan and bear joint liability, then you can apply for using the bank mortgage loan.

Personal housing portfolio loan: the maximum loan that can be issued by the housing provident fund management center is generally 654.38+0-390,000 yuan. If the purchase price exceeds this limit, the insufficient part shall apply to the bank for commercial housing loans. These two kinds of loans are collectively called portfolio loans. This business can be handled by the real estate credit department of the bank. The expected annualized interest rate of portfolio loans is moderate, and the loan amount is large, which is more for the lender to choose.

Under normal circumstances, the period from handling loan procedures to bank loans is about 2.5-3 months. Because most residents want to get the house payment in time after the house is sold, some guarantee companies have reached an agreement with financial institutions. On the premise of standardized operation in the early stage, financial institutions only need to rely on the receipt voucher of the trading center to lend money, without waiting for other warrants to come out, which can greatly shorten the lending cycle, and the seller can get the house payment 1-2 months in advance.

Many investment guarantee companies have gained the full trust of banks in the standardized and efficient operation of post-loan management and loan risk resolution. Some cooperative banks outsource post-loan collection and loan asset disposal to guarantee companies, and the cooperation effect between the two parties is good.

Financial Network Tip: Buying a house with a loan will bring people different degrees of pressure, so we should learn to turn pressure into motivation.

What kind of loan does the housing loan belong to?

Buying a house with a loan has become the choice of many young people. Bank loans can usually be divided into consumer loans, commodity mortgage loans, credit loans and other different types. So what kind of loan do we apply for to buy a house? Next, I will briefly introduce it to you.

1. Housing loan is a commercial mortgage loan. Usually, it means that buyers usually mortgage their purchased houses or other collateral recognized by banks to banks to obtain loans. If the buyers can't repay the loan on time, the bank can dispose of the mortgage of the buyers to repay their losses. The buyer mortgaged the house to the bank. If the loan is not paid off, the buyers will not have complete property rights. He only has the right to use the house, so he can't put it on the market or mortgage it again.

2. Housing loans are mainly divided into three forms: housing provident fund loans, housing commercial loans and portfolio loans. Provident fund loans are only for those who have participated in the housing provident fund. The maximum amount of housing provident fund we apply for usually cannot exceed 70% of the total housing price, and different cities have different regulations on the maximum amount of housing provident fund. And the housing provident fund loan interest rate will be low.

3. Some people apply for insufficient provident fund loans, and if the house payment is insufficient, they will apply to the bank for housing commercial loans, which is a general term for provident fund loans and commercial loans. When we apply for portfolio loans, the term of provident fund loans and commercial loans should be the same, and the loan amount of both loans should not exceed 70% of the real estate. This kind of loan has complicated procedures.

4. The interest rate of housing commercial loans will be higher, but usually we can enjoy interest rate concessions when we apply for the first set of housing commercial loans in banks, and the preferential activities of different banks are different. Its program is also relatively simple.

Let me sum up: I am here to introduce to you what the house loan belongs to. I hope everyone will understand the housing loan after reading this article.

What is a house loan?

What is a mortgage loan?

Mortgage actually refers to the one-to-one loan that buyers need to repay to the bank on time after mortgage to buy a house. mortgage to buy a house refers to the loan behavior of taking real estate assets as collateral, obtaining bank loans and repaying the principal and interest in installments according to the contract, and the bank returns the collateral after the loan is paid off.

What is a mortgage?

1, bank loans are divided into two repayment methods: equal principal and interest and average capital. Equal principal and interest is the sum of principal and interest repaid every month. The average capital is the total monthly repayment, in which the principal remains unchanged and the interest is calculated separately. There is also a saying that average capital's repayment method is more cost-effective than matching principal and interest. There are also misunderstandings in this formulation.

No matter what the reason, as long as your mortgage is overdue, the bank will call to remind the borrower to repay, and as long as it is overdue, it will pay a penalty. The penalty interest of different loan banks is different, which is basically 30%-50% higher than the original loan interest rate. General banks will set a default clause in the mortgage contract, requiring the borrower to repay all the loan principal and interest in one lump sum if it is overdue for three consecutive times or six times in total.

3. After the loan is paid off, the lender needs to go to the bank where it is located, and the bank will issue the corresponding loan repayment certificate, which is very important and is the necessary material for the Housing Authority to handle the mortgage cancellation procedures. A considerable number of people choose guarantee institutions to guarantee their mortgages when they are "business-to-business". After the mortgage is settled, they should also go through the formalities of canceling the guarantee in time and return the guarantee deposit.

4. When buying a house again, if everyone has the idea of paying off the mortgage in advance, it is still recommended to consult the loan bank first and then sign the purchase contract. When consulting, it is necessary to clarify the time and amount requirements for repaying loans in advance. In addition, the repayment person should comprehensively consider whether he is suitable for prepayment according to his actual situation and choose the appropriate prepayment method.