1. The borrower himself has legal and complete ownership, the mortgaged property (including houses and commercial buildings) conforms to the provisions of the Guarantee Law, and the farmers' housing property rights conform to the provisions of the Measures for the Administration of Farmers' Housing Property Rights Mortgage Loans of Bank of China, and have not been mortgaged to other creditors (they have been mortgaged to Bank of China according to previous loan contracts, except those that should be handled by the original agency).
2. When applying for a personal consumption loan with collateral owned by a third party or shared by the borrower and a third party, the owner of the collateral or the same owner must present his valid identity certificate to the Bank of China to sign all relevant documents in person. If there are * * * shares, the applicant shall provide proof of ownership and indicate its share; For those owned by * * * and * * *, the applicant shall provide other written documents unanimously declared by * * *.
3. Commercial houses used as collateral must have independent property rights and can be disposed of separately (please refer to local BOC outlets for specific standards).
4. If the borrower has multiple mortgages, he can apply for one mortgage revolving line or multiple mortgage revolving lines respectively, but multiple mortgage revolving lines cannot use the same mortgage.
Please consult the local branch of Bank of China for details.
The above contents are for your reference. Please refer to the actual business regulations.
If you have any questions, please contact online customer service of Bank of China.
You are cordially invited to download and use China Bank Mobile Banking APP or China Bank Cross-border GO APP to handle related business.