1, with different definitions. The loan applicant refers to the main lender, and the lender is also called the secondary lender;

2. The main objects of audit are different. The primary lender is the first target of bank audit, and the requirements for secondary lenders are lower than one;

3. The repayment sequence is different. First of all, it depends on whether the main lender can repay on time. If the main lender fails to repay the loan on time, it will require the auxiliary lender to repay the loan;

4. Loan records have different ownership. Generally speaking, they are displayed on the credit information of the primary borrower, while the credit information of the secondary lender will not show any loan records;

5. The calculation method of loan life is different. Calculated by the age of the primary lender, not by the age of the secondary lender.

The process of mortgage is as follows:

1, select real estate;

2. Confirm whether the real estate built by the developer is supported by the bank to ensure the smooth acquisition of mortgage loans;

3. Sign a house purchase contract. After examination and confirmation that the purchaser meets the conditions of mortgage loan, a loan consent notice or a mortgage loan commitment letter will be issued;

4. Apply for mortgage loan;

5. Sign a house mortgage contract. Clarify the amount, term, interest rate, repayment method and other rights and obligations of mortgage loans;

6. Apply for mortgage registration and insurance. Under normal circumstances, due to the relatively long term of mortgage loans, banks require buyers to apply for personal and property insurance to prevent loan risks;

7. Open a special repayment account;

8. After handling the relevant formalities, transfer the loan to the bank supervision account opened by the developer in the bank at one time as the purchase price of the property buyer;

9. The borrower shall repay the loan regularly as stipulated in the contract.

Legal basis: Article 392 of the Civil Code of People's Republic of China (PRC).

If the secured creditor's right is secured by both things and other things, if the debtor fails to perform the due debt or the parties agree to realize the security right, the creditor shall realize the creditor's right in accordance with the agreement; If there is no agreement or the agreement is unclear, and the debtor provides the security of the property himself, the creditor shall give priority to the realization of the creditor's right with respect to the security of the property; Where a third party provides a property guarantee, the creditor may realize the creditor's right with respect to the property guarantee, or may require the guarantor to assume the guarantee responsibility. The third party providing the guarantee shall have the right to recover from the debtor after assuming the guarantee responsibility.

Article 672

Lenders may inspect and supervise the use of loans as agreed. The borrower shall regularly provide relevant financial and accounting statements or other materials to the lender as agreed.