How many years can I get a loan for operating a mortgaged property?

According to relevant laws and regulations, the term of real estate as collateral generally cannot exceed the service life of the house. For properties that have not reached their useful life, 60% of the property value can generally be borrowed. If it is a property that has been used for more than 20 years and less than 30 years, it can generally be loaned to 40% to 50% of the property value. Generally speaking, only 30%~40% of the property value can be loaned to a property with a service life of more than 30 years and less than 40 years. Different regions have different views on this issue, depending on the specific provisions of relevant laws and regulations.

In short, it is very important for enterprises or individuals who want to conduct business through commercial loans to choose the right time.

What is a business mortgage property?

Operating mortgage real estate is a special loan product specifically for business owners and individual industrial and commercial households to support the development of enterprises or the opening and decoration of individual industrial and commercial households. This kind of loan product usually has a term of 2-5 years, and the shortest term can reach 1 year.

It should be noted here that the operating mortgaged property is different from the ordinary mortgaged property. Under normal circumstances, real estate mortgage loans need to use real estate as a guarantee for repayment, while business loans need to use the daily operating income of enterprises as a guarantee for repayment. Therefore, when applying for a business loan, it is necessary to prepare enough materials to prove the daily operation of the enterprise.

To apply for operating mortgaged real estate, you should first consult banks or other financial institutions to obtain relevant information. Then prepare the corresponding materials, including enterprise legal person certificate, articles of association, enterprise annuity, bank statement for the last six months, enterprise income tax payment certificate, legal person lawyer's evaluation opinion, legal person lawyer's power of attorney, and legal person lawyer's application for pre-litigation preservation. According to the requirements of different financial institutions, the materials may be slightly different.

How to operate the real estate mortgage loan?

With the continuous development of social economy, more and more people are ready to start their own businesses. It is good to have your own ideas, but starting a business often requires start-up funds. In the course of operation, it is inevitable that there will be insufficient cash flow. Many borrowers have consulted, how to operate the real estate mortgage loan? Share the conditions and process of mortgage loan.

How to operate the mortgage loan?

Strictly speaking, operating mortgage loan is a kind of loan with special price comparison. If the borrower wants to use the house as collateral, the term generally cannot exceed the service life of the house.

For properties that have not reached their useful life, 60% of the property value can generally be borrowed. If it is a property that has been used for more than 20 years and less than 30 years, it can generally be loaned to 40%~50% of the property value. As for the property with a service life of more than 30 years and less than 40 years, generally only 30%~40% of the property value can be loaned.

1. Real estate mortgage loan conditions

Mortgage business loans are more about collateral requirements: the term of the house is required to be within 20 years; The housing area should be more than 50 square meters; The house should have strong liquidity; Generally, "borrower's age" means that men are not over 65 years old and women are not over 60 years old; Borrowers can't have bad credit records in their credit investigation.

2. Real estate mortgage loan process

First, the borrower needs to open a current deposit account in the bank, then prepare the loan-related materials and submit a loan application to the bank. After the bank agrees to approve the loan, there will be a face-to-face signing. Then the bank carries out the second examination and approval, informs the borrower of the examination and approval result, and signs a loan contract with the borrower.

The borrower also needs to go to the Construction Committee for mortgage registration and get his right certificate. After that, handle insurance, notarization and other procedures as appropriate.

3. Real estate mortgage interest rate

Bank mortgage loans are divided into self-owned real estate loans and mortgage real estate loans. The interest rates of the two kinds of loans are different, and the interest rate of mortgage real estate loans is usually higher than that of self-owned real estate loans. However, it is clearly stipulated that "the loan interest rate is usually 10% higher than the benchmark interest rate of the central bank in the same period".

How many years can I get a loan for operating a mortgaged property?

Operating mortgage property can be loaned for up to 20 years.

I believe that many property buyers already know that they can mortgage their houses, but some people are worried about whether there will be risks in doing so, and if so, how to avoid them.

First, the current risk of real estate mortgage loans

1, internal operational risk.

First, the risk awareness of credit personnel is not strong enough. It has always been thought that mortgage loans are much better than secured loans and credit loans, and there is basically no risk in having tangible real estate guarantees. For banks, although mortgage loan is a very "safe" loan method, when the borrower fails to fulfill the repayment obligation according to the regulations, the bank can recover the money by exercising power over the collateral.

It is precisely because of this characteristic of mortgage loan that it is easy for credit personnel to have insufficient understanding of the risks of real estate mortgage loan, fail to correctly understand the existence and degree of mortgage loan risk, and ignore the risks of real estate mortgage loan, thus endangering the security of credit funds. If there are factors that do not meet the legal requirements, it will affect the legal effect and realization of mortgage loans, and ultimately bring certain legal risks to the realization of the main creditor's rights of ABC.

Second, the loan personnel do not handle the business according to the operation process requirements or rules and regulations. For example, the on-site authenticity investigation is not conducted before the loan is issued, the due diligence and post-loan evaluation are not conducted seriously, and the borrower's first repayment source and the reasonable market price of real estate are not correctly evaluated, which often leads to loan decision mistakes, lax access and post-loan management failure.

2. The risk of defects in subsidiary rights.

First, when the loan bank goes through the formalities of real estate mortgage registration, if it only goes through the registration of real estate mortgage, but not the registration of land use right mortgage, the mortgaged real estate will not be disposed of and realized. The second is the simple mortgage of land use rights. If the land purchased and mortgaged by the mortgagor fails to build a factory or carry out project development within the prescribed time limit, the government will recover the land use right for free, and the mortgaged land use right will face policy obstacles. Even if it can be disposed of, it will cost a lot.

3. The risk of invalid mortgage.

First, according to the Guarantee Law, educational facilities, medical and health facilities and other public facilities (including real estate) of schools, kindergartens, hospitals and other public welfare institutions and social organizations shall not be mortgaged, otherwise it will be invalid. It can be stipulated by the relevant government departments that it can be mortgaged and make a guarantee commitment. However, according to the principle of "legal effect is higher than local regulations", mortgage behavior is still invalid and there is great legal risk.

Second, the real estate mortgage loan business process:

1, loan information preparation.

2. The bank submits the loan application in person.

Match the best loan scheme, submit a loan application to the bank and sign a loan contract.

3. Real estate appraisal.

After the loan face-to-face signing process was completed, the Commissioner of the appraisal agency took photos and inspected the mortgaged property on the spot.

4. Loan approval notice.

Banks usually send a loan approval letter to customers in about 3 working days.

5. loan notarization.

In the mortgage loan business, the borrower goes to the designated notary office to notarize the loan.

6. Mortgage registration.

Hold the title certificate of the mortgaged property to the Construction Committee or the real estate registration center for mortgage registration.

7, for his right certificate.

Get his right certificate.