What does a loan mean?

What does a commercial loan mean?

Commercial loans are loans used to supplement the working capital of industrial and commercial enterprises. According to relevant laws, general commercial loans refer to short-term loans with a term of no more than one year, but there are also a few medium-and long-term loans. There is no limit to the maximum amount of commercial loans.

The repayment methods of commercial loans and mortgage loans are also different. Commercial loan is the way for buyers to borrow money from banks. Generally speaking, as a property buyer, you use the house you bought as collateral, sign a commercial contract with the bank, and repay the loan to the bank in time without transfer as a guarantee. This kind of loan should repay the principal and interest to the bank in accordance with the contract, and then get back the collateral "House Ownership Certificate" and "Land Use Certificate". In other words, the ownership of the house is not yours until you pay off the loan. In case of default, the bank has the right to dispose of the house. Commercial loans are usually short-term and usually paid off within five years. And mortgage loans are now like installment payments. You can get ownership of the house by installment. As long as you pay, the house is yours.

Personal housing commercial loans are self-operated loans issued by banks. Specifically, it refers to a natural person with full capacity for civil conduct who, when purchasing his own urban housing in this city, uses his own property house or other collateral recognized by the bank as collateral to apply for commercial housing loans from the bank. Mortgage loan is a form of commercial loan. Personal housing commercial loan is a loan that China citizens apply to the bank to buy commercial housing. According to the relevant regulations of the bank, those who meet one of the following two conditions can apply for loan types: first, residents who participate in housing savings; Second, the house seller has an agreement with the loan bank. The house seller reached an agreement with the loan bank, and the real estate guarantee enterprise provided guarantee to the bank for the residents' housing loan.

The loan for urban residents to buy ordinary housing shall be subject to the statutory loan interest rate. Many commercial banks in Beijing have such businesses, such as CCB and ABC. The procedures for applying for loans are basically the same. Commercial loans are loans used to supplement the working capital of industrial and commercial enterprises, usually short-term loans, with a general term of about 9 months and no more than one year, but there are also a few medium-and long-term loans. Such loans are the main part of commercial bank loans, generally accounting for more than one-third of the total loans.

The meaning of loan

Question 1: What exactly does a loan mean? When there is a problem with funds, it is a financing method to use your real estate as collateral to borrow money from the bank.

Provisions of China Construction Bank on Personal Small Consumption Loan

Basic rule

1. Loan target: China citizens with full capacity for civil conduct aged 18 to 60.

2. Loan amount: After the borrower provides the pledge, mortgage, third-party guarantee recognized by CCB or has certain credit qualification, the bank will verify the corresponding pledge amount, mortgage amount, guarantee amount or credit amount of the borrower. The pledge amount shall not exceed 90% of the face value of the pledge right certificate provided by the borrower; The mortgage amount shall not exceed 70% of the assessed value of the collateral; The credit line and guarantee line are determined according to the borrower's credit rating.

3. Loan term: the mortgage line is valid for up to 5 years; The expiration date of the validity of the pledged amount shall not exceed the expiration date of the pledged right, and the longest period shall not exceed 5 years; Credit line and guarantee line are valid for 2 years. The validity period of the line shall be calculated from the effective date of the loan contract. If the borrower applies for two or more lines of pledge, mortgage, guarantee or credit at the same time, the Construction Bank will verify the validity of the borrower's personal consumption line loan according to the shortest line. After the limit expires, it is not allowed to continue to withdraw the remaining limit.

4. Loan interest rate: subject to the loan interest rate regulations of China Construction Bank;

5. Guarantee method: mortgage, pledge, third-party guarantee or credit recognized by CCB.

6. Application materials to be provided:

(1) Original and photocopy of the borrower's valid identity certificate;

(2) local permanent residence or valid residence identity certificate

(3) The borrower's loan repayment ability certificate. Such as the income certificate issued by the borrower's unit, the borrower's tax bill, insurance policy, etc.

(4) The list of pledge, collateral and ownership certificate required by the borrower to obtain the amount of pledge and mortgage, and the written document of the owner and property * * * agreeing to pledge and mortgage.

(5) A written document in which the guarantor agrees to provide the required guarantee for the borrower to obtain the guarantee amount.

(6) Credit certification materials of the guarantor.

(7) Collateral appraisal report issued by the appraisal department recognized by the society.

(8) Other documents and materials specified by the Construction Bank.

Processing channels and procedures

1. Handling channel: Personal car loan business is handled through the branches of China Construction Bank. In some large and medium-sized cities, the auto finance service center set up by China Construction Bank specializes in personal auto loan business, and the personal loan center is also a professional accepting institution for auto loans.

2. Processing flow:

① Acceptance. The handling personnel introduce the application conditions, term, interest rate, guarantee, repayment method, handling procedures, default treatment and various expenses that the borrower needs to bear to the customer, and conduct a preliminary examination of the loan conditions, qualifications and application materials of the borrower.

② Investigation. According to the relevant regulations, investigators take reasonable measures to investigate the authenticity of the materials submitted by customers and evaluate the applicant's repayment ability and willingness.

3 recognition. Authorize the approver to finally approve and determine the comprehensive credit line and the validity period of the line according to the customer's credit rating, mortgage, pledge and guarantee.

4 distribution. After the loan conditions are implemented. According to the demand for funds, customers can apply to the bank for withdrawal quota at any time.

⑤ Post-loan management. The loan bank shall, in accordance with the relevant provisions of loan management, supervise and inspect the income status, loan purposes, changes in collateral value and performance status of borrowers and guarantors, and the inspection results shall be recorded in writing and filed. Supervise the guarantee or credit of the guarantor or borrower, and ask the borrower and guarantor to provide help.

⑥ Loan recovery. According to the repayment plan and repayment date agreed by the borrower and the borrower in the contract, the loan bank deducts it from the agreed repayment account. The borrower can also repay the loan at the business outlets of the loan bank.

I. Mortgage loan

1. Collateral: The house owned by the borrower or a third party has obtained the Property Ownership Certificate.

2. Mortgage loan process:

(1) With the real estate license, you can go to the district/county real estate bureau where the property right house is located to ask whether the property right house is overdue, and you can register the property mortgage;

(2) If you get a clear answer that you can handle, keep the "room" ......

Question 2: What does a bank loan mean? Use real estate and other fixed assets as collateral to borrow money from the bank! Need to pay the corresponding loan interest!

Question 3: What does personal loan mean? Personal loans are loans provided by lenders (general commercial banks) to individual consumers or households, with agreed loan interest and agreed repayment of principal and interest on schedule, which are used for buying self-occupied houses, consumption or small investment operations. Personal loans provided by banks are different, generally including the following: personal housing loans, personal automobile consumption loans, personal durable consumer goods loans, personal business loans, personal valuable documents and personal micro-credit loans.

Question 4: What does credit mean? That is, a credit loan refers to a loan issued on the basis of the borrower's credit, and the payer does not need to provide a guarantee. Its characteristic is that the debtor can get a loan only by his own reputation without providing collateral or third-party guarantee, and the borrower's credit degree is cited as repayment guarantee. This kind of credit loan has long been the main loan method for banks in China. Because this kind of loan is risky, it is generally necessary to conduct a detailed investigation on the borrower's economic benefits, management level and development prospects in order to reduce the risk.

Question 5: What does bank mortgage mean? 1. What is a mortgage?

It refers to the loan business in which an individual borrows money from a bank to pay the balance after paying the down payment due to insufficient funds, and repays the principal and interest in equal installments as agreed.

Second, how to calculate the monthly debt service?

i( 1i)ni( 1i)n

The formula: m = p (1I) n-1(1I) n-1is the periodic coefficient of n.

M total monthly principal and interest p loan principal I monthly interest n repayment period = loan life x 65438+February/year.

3. What is the repayment coefficient table of individual housing loan of China Construction Bank (2002/02/2 1)?

Set age

Annual interest rate (%)

Monthly interest rate (%)

Number of repayment periods

coefficient

1 year

4.770

3.975

0.085502 1 18

It's been two years.

4.770

3.975

0.043768458

three years

4.770

3.975

0.02986774 1

Ichiji

4.770

3.975

0.02292525 1

five years

4.770

3.975

0.0 18766042

Six years

5.040

4.200

Seventy two

0.0 16 123494

Seven years.

5.040

4.200

0.0 14 1527 12

For eight years.

5.040

4.200

0.0 12678972

Nine years.

5.040

4.200

108

0.0 1 1536579

decade

5.040

4.200

120

0.0 10626 1 14

Eleven years.

5.040

4.200

132

0.009884309

Twelve years

5.040

4.200

144

0.009268983

Thirteen years

5.040

4.200

156

0.008750934

Fourteen years

5.040

4.200

168

0.008309302

Fifteen years

5.040

4.200

180

0.007928789

4. Can the mortgaged property be transferred or rented?

The mortgagee of the mortgaged property is the loan bank, and the borrower has no right to transfer, buy, sell, lease, donate or remortgage the mortgaged property. The borrower must pay off the loan principal and interest and cancel the mortgage registration before transferring or purchasing the property; Lease or re-mortgage shall be subject to the consent of the mortgagee; At the time of gift or inheritance, the donee or heir shall go through the alteration formalities with relevant legal documents within 30 days after accepting the property, and is willing to continue to perform the repayment obligations.

5. Can the borrower repay the loan in advance?

You can pay off all the loan principal and interest in advance, or you can return part of the loan principal and interest in advance.

Six, how to cancel the mortgage registration after paying off the loan principal and interest?

After the borrower expires or pays off the principal and interest of the loan in advance, the loan relationship with the bank is terminated and the real estate mortgage relationship is terminated. The loan bank will return the relevant warrants and certificates of mortgaged real estate to the mortgagor within 30 days, and issue a certificate to the mortgagor to go through the mortgage registration cancellation procedures with the registration authority.

7. What conditions and materials are needed for bank mortgage? How much do you have to pay?

I. Conditions:

1. Legal residence status.

2. Have a stable occupation and income.

3. Have the ability to repay the loan principal and interest on schedule.

4. Have a house to live in ......

Question 6: What does matching loan mean? Matching loans are divided into equal principal and interest loans and average capital loans. Compared with ordinary capital loans, ordinary capital loans can save a lot of interest under normal repayment conditions.

1. Matching principal and interest loan: compound interest is adopted. At the settlement time of each repayment, the interest generated by the remaining principal will be calculated together with the remaining principal (loan balance), that is to say, the outstanding interest will also be calculated, which seems to be more severe than "rolling interest". In foreign countries, it is recognized as a loan method suitable for the interests of lenders.

Geng he average capital loan: interest is calculated by simple interest rate method. At the settlement time of each repayment, only the remaining principal (loan balance) is calculated, that is to say, the outstanding loan interest is not calculated together with the outstanding loan balance, only the principal is calculated.

3. Therefore, under the traditional repayment method, the longer the loan cycle, the more interest the loan with equal principal and interest will generate than the loan with average capital. Therefore, if the borrower cannot adjust (or choose) the repayment method, the borrower with longer loan term should choose the average capital loan.

Question 7: What does mortgage mean? The meaning of mortgage

In the early 1990s, with the rise of the real estate industry, the word "mortgage" was gradually understood by people. The word "Mortgage" was introduced from Hong Kong, which is a Cantonese transliteration of the English word "mortgage". Some property buyers think that "mortgage" refers to mortgage loan or mortgage loan. In fact, mortgage is a kind of legal relationship, which belongs to the Anglo-American balance law system. It does not exist in China's current legal system and is difficult for ordinary buyers to understand.

The mortgage we use now generally refers to the mortgage loan for individuals to buy commercial housing. The legal relationship of mortgage as guarantee is that in the project pre-sale contract, the buyer pays part of the house price to the seller, and the remaining house price is paid to the seller through loans from financial institutions. Before the real estate license is issued, the seller will transfer the buyer's option to the faster house to the financial institution by agreement as a guarantee for obtaining a loan from the financial institution. After the real estate license is completed, the seller cancels the guarantee, and the buyer transfers the auction house option obtained according to the contract to the bank as a guarantee for repayment of the loan. After the buyer pays off all the principal and interest of the loan, he can get the priority of compensation. You can redeem options and obtain real estate licenses. If the buyer defaults or fails to repay the loan within the loan period, the bank has the right to dispose of the mortgaged building and get priority compensation.

In order to encourage buyers to buy the houses built, developers request banks to provide real estate mortgage loans, developers should sign mortgage loan cooperation agreements with banks, and banks, developers and buyers should sign mortgage loan contracts and guarantees.

Question 8: Excuse me, what does guaranteed loan mean? Secured loan refers to the loan obtained by the loan guarantor (generally referred to as a legal person or a specific guarantee company) who provides credit guarantee for the borrower with his credit in the bank (generally above AA level). Secured loan is not a loan type, but a way to obtain a loan, including mortgage loan. Generally speaking, the down payment of house purchase can't be made in the silver arc loan, and it must be paid by itself, and the balance of house purchase can be obtained by mortgage (of course, there are many conditions, you can consult the developer).

Question 9: What exactly does the so-called mortgage loan mean? What is mortgage loan? It is a personal housing loan business in which buyers use the purchased houses as collateral and real estate enterprises provide phased guarantees.

Mortgage is the transliteration of English "mortgage", which refers to the act that the mortgagor transfers the property right of the property to the mortgage beneficiary (usually refers to the bank that provides the loan), and the mortgage beneficiary immediately transfers the property right involved to the mortgagor after the mortgagor pays off the loan.

Housing mortgage loan is a kind of housing guarantee loan, which refers to the personal housing mortgage loan provided by real estate development enterprises with the purchased house as collateral during the illness period. The popular meaning of "mortgage" refers to the mortgage of loans with pre-purchased commercial housing. It means that the mortgagor transfers the pre-purchased property rights to the mortgage beneficiary (bank) as a repayment guarantee, and after repayment, the mortgage beneficiary transfers the property rights to the mortgagor. Specifically, mortgage loan refers to the loan that the buyer obtains from the bank with the pre-purchased building as collateral, and the buyer pays the bank in installments according to the repayment method and time limit agreed in the mortgage contract; Banks charge interest at a certain rate. If the lender defaults, the bank has the right to take away the house.

People are most concerned about the conditions and procedures of mortgage loans. First of all, the information needed to apply for a mortgage loan is:

1.3. Original and photocopy of the ID card and household registration book of the applicant and spouse (if the applicant and spouse are not registered in the same household, a marriage certificate shall be attached).

2. The original purchase agreement.

3. 1 Original and photocopy of advance payment receipt for 30% or more of the house price.

4. Proof of the applicant's family income and related assets, including payroll, personal income tax bill, income certificate issued by the unit, bank deposit certificate, etc.

5. The developer's collection account number is 1 copy.

The loan procedures and formalities are:

First of all, please go to the bank to understand the relevant situation. And apply for personal housing loans with all relevant materials.

Then accept the bank's review of you and determine the loan amount.

Next, you can apply for a loan contract and the bank will apply for insurance. Handle the registration and notarization of property right mortgage.

The last thing left is the cancellation of registration after the bank issues loans, the borrower repays on a monthly basis and pays off the principal and interest.

After the above procedures and formalities, you can get a new house through mortgage.

Through what the reporter said above, you should have a deeper understanding of mortgage and understand the related matters of handling loans. I hope that the key of mortgage can open more doors to new houses that belong to you, me and him.