The bank will only lend money after confirming that the house has been transferred and registered. to avoid disputes.

Other rights certificates refer to the rights certificates issued by the housing management department and held by the mortgagee after the registration of other rights.

Other rights in real estate refer to the rights of other groups or individuals other than the property owner and the right holder to the property. They usually refer to mortgage rights, and other rights certificates are owned by other rights. people hold.

Advantages of real estate mortgage loans:

Generally speaking, the amount of real estate mortgage loans can be determined by the value of the property itself. Generally, the maximum amount can reach 70% of the appraised value of the property. If the borrower requires a higher loan amount and can provide a property with a high valuation as collateral, the loan will be more likely to be realized.

Loan term: In addition to having an advantage in terms of loans, it also has an advantage in terms of loan term. Since real estate is a fixed asset, the credit period is often longer. For borrowers, the loan available time is also extended. The credit period is generally 10-20 years, and the longest credit period can be up to 30 years.

No identity requirement: The biggest advantage of real estate mortgage loans is that there are fewer requirements for the borrower’s identity. You can be an office worker, a self-employed business owner, a business owner or even a freelancer. As long as your collateral is of sufficient value and the purpose of the loan is legal and compliant, you can usually get a loan.