What's the difference between mortgage and mortgage?

Mortgage is more of a mortgage loan when buying a house. Generally, the house is mortgaged to the bank and loaned. Sometimes there is a guarantee from the provident fund center. Generally speaking, you need a house as collateral, and the money is paid directly to the seller. It is equivalent to the feeling of earmarking.

Mortgage loan is to mortgage your house to the bank to get a loan. First of all, if the house is your own, the second is that there can be no disputes over the property rights of the house. The house itself has no mortgage, but some institutions are willing to take over the second house. Give the mortgage money to the owner, and then cancel the mortgage when the money is paid back.

Simply put, you can understand that a mortgage is equivalent to a bank borrowing money to help you buy a house; Housing mortgage is equivalent to using your house as collateral and borrowing money from the bank to do other things.

Mortgage interest rate is low. Basically, except for the establishment of diplomatic relations between workers and peasants, several big banks are doing it. There are banks and institutions that can make housing loans. See for yourself. Micang/Caihang is an institution that makes housing loans.