The difference between mortgage and loan is as follows: (1) Commercial loan is a way for buyers to borrow money from banks. Generally speaking, you use the house you bought as collateral, sign a commercial contract with the bank, take the way of not transferring ownership as a guarantee, and repay the loan to the bank on schedule. This kind of loan must pay interest. You have to pay off the principal and interest to the bank according to the contract, and then get back the collateral "House Ownership Certificate" and "Land Use Certificate", which means that the ownership of the house is not yours before you pay off the loan. In case of default, the bank has the right to dispose of the house. (2) Mortgage is now like installment payment. You can get ownership of the house by installment. As long as you pay all the money, the house is yours. However, mortgage transactions will involve three kinds of debt relationships, one is the buyer, the other is the seller, and the third is the bank. The process is that the bank signs relevant contracts with the seller, paying part of the expenses in advance, and then the buyer signs a mortgage contract with the bank based on this contract, and the bank pays the rest of the house price to the seller, while the buyer only needs to pay the bank regularly until it is paid off, and the mortgage process is over. (3) Commercial loans are also mortgage loans, and loans must have land use certificates and house ownership certificates. The basic procedure is that the buyer obtains the property right certificate first, and then handles other property rights certificates, and holds other property rights certificates as collateral. (4) Mortgaging under the condition that the buyer has not obtained the property right certificate. Generally, his property right certificate is used as the mortgage guarantee first. After paying off the purchase price, the real estate development unit will transfer the property right to the mortgage beneficiary, and all the property rights certificates will be held by the mortgagor. Bottom line: mortgage is actually mortgaged with the house you bought, while commercial loan is mortgaged with the house you already have.

Legal objectivity:

Article 425 of the Civil Code guarantees the performance of the debt. If the debtor or a third party gives the chattel output to the creditor for possession, the debtor fails to perform the due debt or the creditor has the priority to be compensated for the chattel. The debtor or the third party specified in the preceding paragraph is the pledger, the creditor is the pledgee, and the delivered movable property is the pledged property.