Hello, the most basic difference between mortgage loan and credit loan is that the borrower applying for mortgage loan must provide collateral, and credit loan does not require the borrower to provide collateral.

1. Loan amount

Mortgage loan is secured by collateral, which greatly reduces the lending risk of lending institutions and has a high loan amount. Relatively speaking, the amount of credit loans is relatively low.

2. Loan requirements

Generally, when applying for a mortgage loan, as long as the collateral meets the requirements, the lending institution will treat personal credit and income leniently; Borrowers applying for credit loans must have a good credit record and a stable income and job.

3. Loan speed

Generally, mortgage lending is relatively slow, which takes about 15 working days; Credit loans can be released in two or three days as long as the borrower's qualifications are examined.