A solution to the problem that mortgage loans cannot be repaid after maturity;

1. If you are in financial difficulties but don't want your house to be auctioned, you can borrow money from relatives and friends first.

2. If not, you can apply to the bank for a grace period. If the situation is true, the bank will agree to extend the repayment date within a certain period of time;

3. If it is really impossible to repay the loan, the lender can auction the collateral, and the proceeds will be used for compensation first.

Repay the loan principal and interest.

Housing mortgage loan is a kind of loan provided by the bank to ensure the safety of the loan. The borrower's real estate, securities and other documents can legally obtain the lien and pledge of the borrower's property through a certain contract.

This kind of loan is actually a loan method in which the debtor (mortgagor) legally transfers the property ownership to the creditor (mortgagee) to obtain a loan. During this period, if the debtor fails to repay the loan principal and interest on schedule, the creditor has the right to dispose of the collateral and get priority compensation. This loan method can reduce the loan risk of creditors and provide effective protection for creditors to recover their loans.

Article 247 of the Civil Procedure Law of People's Republic of China (PRC): After the property is sealed up or detained, the executor shall order the person subjected to execution to perform the obligations specified in the legal documents within a time limit. If the person subjected to execution fails to perform within the time limit, the people's court shall auction the sealed-up or distrained property; If it is not suitable for auction or the parties agree not to auction, the auctioneer may entrust the relevant unit to sell it on his behalf or on his own. Articles prohibited by the state from trading freely shall be handed over to the relevant units for purchase at the price stipulated by the state.

What if the house mortgage bank loan is unable to repay?

Repayment method of house mortgage loan: 1. Apply to the bank for an extension. If the payment is not paid for the time being, you can apply to the bank for an extension. If the situation is true, the bank will not be so harsh. You can negotiate with the bank to sign a supplementary agreement to adjust the monthly repayment amount or extend the repayment period.

2. borrow money from friends and relatives. If money is really tight, you can ask friends and relatives for help. Whether you can borrow money or not, you must try first, but you should make a good loan and pay it back in time when the economy is well off.

3. As a last resort, collateral can only be auctioned. This is the last resort. Naturally, we don't want our house to be auctioned. Perhaps for many people, this is the only property we don't want to lose, but if there is no other way, we can only do so. After the mortgage is auctioned by the lending institution, the proceeds will be used to repay the principal and interest of the loan first, and the rest will be returned to you.

In the civil code, mortgage is not enough. How to deal with real estate?

If the debtor fails to pay back the money, the creditor shall not directly possess the collateral:

Perhaps many people think that since the debtor is unable to repay the loan, the claim that the house should be owned by the creditor is reasonable, but in fact, it is illegal and invalid.

China's security law clearly stipulates that when the creditor and the mortgagor conclude a mortgage guarantee contract, they shall not stipulate in the contract that if the debtor cannot repay the debt at maturity, the mortgage shall be owned by the creditor.

In the mortgage guarantee contract, all similar clauses will be invalid because they are illegal, and because such clauses belong to the main clauses of the contract, if the main clauses of the contract are invalid, the whole contract will be invalid, so this kind of mortgage guarantee contract is invalid.

What should I do if I can't pay my mortgage?

If the mortgage loan is not paid, users can choose to apply to the bank for deferred repayment or let the bank auction the property directly. If the user's current repayment ability is insufficient, deferred repayment can ensure that the user has enough time to prepare repayment funds. After the user's economic situation changes and the loan cannot be repaid in the future, the bank can auction the property, and the funds obtained from the auction can be directly used to repay the mortgage loan. If the mortgage loan is not paid, personal credit will be affected. Whether the user wants the property or not, he should pay off the overdue debt as soon as possible.

Housing mortgage loan is a kind of loan provided by the bank to ensure the safety of the loan. The borrower's real estate, securities and other documents can legally obtain the lien and pledge of the borrower's property through a certain contract. This kind of loan is actually a loan method in which the debtor (mortgagor) legally transfers the property ownership to the creditor (mortgagee) to obtain a loan. During this period, if the debtor fails to repay the loan principal and interest on schedule, the creditor has the right to dispose of the collateral and get priority compensation.

This loan method can reduce the loan risk of creditors and provide the most effective guarantee for creditors to recover their loans. The use of mortgage loan in housing credit is based on the security, liquidity and profitability of bank operating funds. Because the borrowers of this kind of housing loan are mostly individual residents, it is impossible for banks to clearly know the financial strength and credibility of borrowers, which increases the risk of bank loans, and mortgage loans provide creditors with an effective guarantee to recover loans under the condition of high loan risk. Therefore, most banks use mortgage loans in their housing loans to individual residents.

Mortgage housing loan actually refers to the variety of commercial housing that customers already have that can be listed and circulated, and they can borrow from mortgage banks. Unlike second-hand housing loans and first-hand housing loans, customers already own the property, not about to own it. Mortgage housing loans need to have clear loan purposes and cannot be used for purposes explicitly prohibited by laws and regulations, such as real estate speculation and stock speculation. It is required that the purpose of mortgage housing loans must be earmarked and subject to the supervision of lenders and regulatory agencies. If violations are found, the bank has the right to recover the loan.

Housing mortgage loan refers to a loan in which the borrower takes the purchased house and other property with ownership as mortgage or pledge, or a third party provides guarantee for the loan and assumes joint liability. It is a triangular relationship formed by the connection of house sales contract, house mortgage agreement and house mortgage loan contract.

That's all for the introduction of mortgage loans that can't be repaid.