Can I borrow money to buy a house?

Rural housing can be mortgaged, but the premise is that rural housing has housing property rights and the right to use homestead. If your rural housing does not have these "two rights", it is impossible to apply for a mortgage loan. At present, only some areas in China implement the rural housing mortgage loan policy. You can consult your local lending institution.

Mortgage loan, also known as "mortgage loan". Refers to a loan method adopted by some national banks. The borrower is required to provide a certain amount of collateral as loan guarantee to ensure the repayment of the loan at maturity. Collateral is generally easy to preserve, wear and tear and sell, such as securities, bills, stocks, real estate and so on. After the loan expires, if the borrower fails to repay the loan on time, the bank has the right to auction the collateral and repay the loan with the proceeds from the auction. The balance of the auction money after paying off the loan shall be returned to the borrower. If the auction money is not enough to pay off the loan, the borrower will continue to pay off.

Difference between housing mortgage loan and housing mortgage loan

1. Cost difference: mainly in terms of interest rate. For mortgage loans, it is commercial loans, also known as personal housing loans. Mortgage loan refers to the loan that the borrower obtains from the bank with certain collateral as guarantee. The interest rate is the benchmark interest rate stipulated by the People's Bank of China. In the past, there was a discount for buying a house at the mortgage interest rate. Due to tight policies and small quotas, interest rates have risen instead of falling. But the floating property of mortgage loan is lower than that of mortgage loan.

2. Different subjects of legal relationship: in the mortgage relationship, if the debtor is the mortgagor, there are only two subjects of legal relationship, namely the mortgagee and the mortgagor. In the mortgage relationship, there must be at least three legal subjects, namely, the mortgagor (bank), the mortgagor (buyer) and the third party (original house owner).

3. Different preconditions: the borrower wants to apply for a mortgage loan from the bank, which is a loan obtained from the bank with certain collateral. Mortgage loans can be used to buy a house or for other purposes. However, mortgage loan is a personal housing loan business that buyers use the purchased house as collateral and real estate companies provide regular guarantees, but it can only be used for buying houses.

Similarities between mortgage and pledge:

Mortgage loan refers to the loan that the borrower obtains from the bank with certain items as the guarantee. Both are common forms of bank lending.

Mortgage and pledge belong to guarantee. Guarantee refers to the system that the law urges the debtor to perform his debts with the credit or specific property of the debtor or a third party in order to ensure the specific creditor to realize his creditor's rights.

Can rural houses have real estate licenses and land use certificates as mortgage loans?

Rural houses with real estate license and land use certificate can be mortgaged.

1. Self-built houses in rural areas can generally be mortgaged if the procedures are complete. The most important procedure here is the property right certificate of the house. At present, there are some self-built houses in rural areas in China, with only land use certificates and no housing property certificates. It is impossible to apply for a loan in this situation.

2. Whether rural self-built houses can be mortgaged depends on the actual situation. Such as the service life of the house, the geographical location of the new house, the realized value, etc. If the house has a long life or a poor location and the realized value is low, even if the procedures are complete, it cannot be used as a mortgage to obtain a loan.

Bank mortgage loan

I. Personal housing loans

1. Personal housing commercial loan

Personal housing commercial loan is a self-operated loan issued by bank credit funds, which refers to a commercial housing loan that a natural person with full capacity for civil conduct applies to the bank as a guarantee for repayment of the loan when buying a self-occupied house in a town of this city.

2. Personal housing provident fund loans

Personal housing provident fund loan is an entrusted loan issued by policy housing provident fund, which refers to the housing provident fund loan that employees who pay housing provident fund apply to the bank when they buy, build, renovate or overhaul their own houses in cities and towns of this city, with their own property houses as a guarantee to repay the loans.

3. Individual housing portfolio loans

Borrowers who meet the requirements of personal housing commercial loans can deposit housing provident fund at the same time, or apply to the bank for personal housing provident fund loans while handling personal housing commercial loans, that is, borrowers can apply to the bank for personal housing provident fund loans and personal housing commercial loans (this loan method is referred to as personal housing portfolio loans) with the urban self-occupied housing purchased in this city as collateral.

Can I borrow money to buy a private house?

As long as it meets the conditions of housing mortgage loan, it can be loaned.

Loan terms:

1, with legal status;

2. Have a stable economic income, have the ability to repay the principal and interest of the loan, and have no bad credit record;

3. There is a legal and effective purchase contract;

4. If the newly purchased house is used as the maximum mortgage, it must have a legal and effective purchase contract, the age of the house is within 10, and the down payment of not less than 30% of the total price of the purchased house has been prepared or paid;

5. If the mortgage loan has been purchased and handled, the original mortgage loan has been repaid for more than one year, the loan balance is less than 60% of the value of the mortgaged house, and the mortgaged house has obtained the ownership certificate, and the age of the house is within 10 years;

6. Being able to provide effective guarantee recognized by the loan bank;

7. Other conditions stipulated by the lending bank.

procedure

1. The buyer and the seller sign the house sales contract, and stipulate the down payment, loan and final payment;

2. The purchaser and spouse apply for a loan from the bank, and the seller and spouse are present for confirmation;

3. The bank examines and approves the loan application;

4. The buyer signs a loan and guarantee contract with the bank;

5. The seller transfers the property right of the house to the buyer, and the seller obtains the down payment from the buyer;

6, the buyer and the bank for real estate mortgage registration (or by other natural persons and legal persons to provide phased guarantee for the buyer);

7. The bank issues loans to the seller's account;

8. The buyer and the seller settle the house payment, and the seller obtains the final payment from the buyer;

9. The purchaser takes over the house and repays it on a monthly basis (in the case of installment guarantee, the purchaser and the bank will re-register the house mortgage).

Extended data:

Four types of real estate can not apply for mortgage loans.

1. The property with outstanding loans mortgaged by consumer loans must be the property without any mortgage or loan. If the property is mortgaged or the property is in a mortgaged state, the bank already owns other rights of the property.

The borrower mortgages the property again, and the bank does not allow it. Because two banks can't own other rights of a property at the same time, borrowers can't apply for loans from banks with mortgage consumption.

Two, part of the purchased public houses can not apply for mortgage consumer loans in two cases. One is the purchased public houses that cannot provide the purchase contract or purchase agreement, because if there is a clause in the purchase contract that the original unit has the preemptive right.

The bank can't obtain other rights, so the bank can't operate the mortgage consumption loan of the property; The other is the delivery that can't provide the listing certificate of the delivery in the purchased public housing, because this kind of real estate can't be listed and traded, so it can't run business.

Three, less than five years of affordable housing relocation is one of the government's affordable housing, generally according to the management of affordable housing, or the nature of its housing belongs to affordable housing. According to the national policy, affordable housing with less than five years is not allowed to be listed and traded, nor can it apply for mortgage consumer loans.

Fourth, small property houses that have not obtained real estate licenses For small property houses, residents who have not obtained real estate licenses have only the right to use the property and no ownership.

Without the ownership certificate of this property, this kind of property can't be listed and traded, can't be mortgaged by the Construction Committee, and can't apply for mortgage consumer loans.