If the two are husband and wife, there is no need to go through special procedures when repaying, and the property belongs to the husband and wife.
If there is no direct relationship between the two people, they will jointly repay the loan, and the non-ownership will be subject to the name on the real estate license. However, it is also legally effective for the two people to negotiate privately to go to the notary office for notarization or save their respective payment vouchers.
Extended data
Several other ways to repay mortgage loans
Direct customer mortgage loan
Individuals seek bank loans before buying a house. Without the guarantee of the developer, the loan amount, the proportion of the total house payment, the term and the repayment method can be determined according to the demand of the buyers. At present, China Bank, China Construction Bank and Minsheng Bank have all launched this business.
fixed rate mortgages
During the loan period, no matter how the interest rate of the bank changes, the borrower will pay the interest according to the fixed interest rate signed in the contract, and the repayment amount will not change due to the change of interest rate. China Construction Bank, China Merchants Bank, Agricultural Bank and China Everbright Bank all launched this business.
Boarding refund method
When handling the first-hand housing loan business, customers can agree with the bank to repay only the loan interest and not the loan principal for a period of time. After the agreement expires, they will start to use equal principal and interest or average capital's repayment method, which can effectively reduce the economic pressure of buyers in the early stage of delivery.
The mortgage family after raising interest rates with reference to China Legal Information Network.