Can affordable housing be mortgaged?

Affordable housing can be mortgaged, but it takes five years for affordable housing to be mortgaged by banks. Affordable housing refers to the policy commodity housing that the government provides preferential policies, limits the construction standards, supply targets and sales prices, and has the nature of security. In other words, affordable housing is to enjoy the preferential policies provided by the government, implement administrative allocation of construction land, and supply it to ordinary residents' housing of low-income families in cities and towns.

How to apply for mortgage loan for affordable housing?

1. For affordable housing that has reached the age of five years, it is necessary to apply to the relevant departments where the house is located with the real estate license to go through the formalities of paying the land proceeds. After the relevant departments of the Ministry of Land and Resources have completed the calculation of the payable amount, they will collect the corresponding amount and issue payment vouchers.

2. For affordable housing that has reached the age of five years, apply to the real estate transaction registration center for complete registration of property right change within 90 days after the issuance of the certificate of payment of land proceeds and related transaction materials.

For affordable housing that has been over five years, you can apply for real estate mortgage loan according to the normal procedure of real estate mortgage loan after completing the registration formalities of property right change.

What is the mortgage process of affordable housing?

1, application.

Purchase of commercial housing, affordable housing, while signing the purchase contract with the selling unit, fill in and prepare relevant materials according to the form on the Application and Approval Form for Housing Provident Fund Loan received by the selling unit to determine the loan amount.

Construction and overhaul of owner-occupied housing, with the approval documents of the land and planning management department, apply for loans to the housing provident fund management department of Changchun City.

The purchase of private houses (second-hand houses) with complete property rights shall be applied to Changfang Replacement Guarantee Co., Ltd.

2. review.

The unit or guarantee company will submit the borrower's information together with the purchase contract, down payment receipt and other materials to the municipal housing provident fund management department for approval.

3. Sign a loan contract.

After the approval of the housing provident fund management department, notify the borrower to sign a loan contract with the bank. And handle the contract notarization, collateral insurance and other related procedures.

4. guarantee.

Where the commercial housing and affordable housing built by the developer who signed the Housing Provident Fund Loan Cooperation Agreement are purchased, the developer shall undertake joint and several liability guarantee for the borrower by stages before the house is formally mortgaged.

The purchase of second-hand houses with property certificates and land certificates should be directly registered with the mortgage department of the city's real estate transaction, and relevant procedures should be gone through to register and issue property certificates and handle the house ownership certificates.

The purchase of second-hand houses with property certificates and no land certificates shall be borne by the guarantee company.

5. Bank loans.

After completing the above procedures, the borrower shall issue a decision on granting the loan to the entrusting bank and notify the bank to lend.

6. Repayment.

The borrower shall repay the bank every month according to the monthly repayment amount agreed in the loan contract.