Loan decoration, the most cost-effective way to do pure mort
At the end of the year, many families will consider renovating the house. In the face of the current bank loans, many consumers often do not know the pros and cons. Through multiple parties, professionals analyze and summarize the following loan models for users of this demand, and analyze their advantages and disadvantages.
Housing pure mortgage guaranteed consumer loan
The customer applies for the house pure mortgage guarantee consumer loan to the bank, and needs to provide the bank with the borrower's basic materials (copy of ID card, work certificate, family situation, spouse situation, etc.), borrowing use materials (consumption contract) , invoices, etc.), repayment ability proof materials (bank card flow list, salary certificate, etc.), collateral materials (real estate license, housing value assessment report, etc.).
This type of loan has two characteristics: First, the loan must be used for housing renovation, tourism, education, study abroad, etc. The borrower must provide the real contract and invoice to the bank; Must be sufficient. If the evaluation company certified by the loan bank evaluates the value of the property available for mortgage to the customer to 1 million, and the property of the property is clear, the bank will approve the mortgage rate for the property, generally 60% to 70%. That is, customers can borrow up to 700,000.
Reminder: According to reports, at present, not every bank has a quota to issue such loans. The interest rate of such loans is generally between 20% and up to the benchmark. That is to say, for one to three-year loans, the interest rate is 6.15%. ~7.38%.
Personal operating loan
If it is a self-employed person or a corporate shareholder or legal representative, the client can apply for a personal business loan from the bank. It is necessary to provide the bank with the basic materials of the borrower (copy of ID card, relevant documents of the company or company, family situation, spouse situation, etc.), materials for borrowing (purchase contract, invoice, etc.), proof of repayment ability ( The business certificate of the company or the company, the collateral materials (real estate certificate, housing value evaluation report, etc.).
In addition to the required collateral value, the loan has two characteristics: First, the loan use must be used for business, can be used to purchase raw materials, pay for goods, etc., the borrower must provide the bank with a real purchase and sale contract and invoice; The person must be a real business or company. The mortgage rate for such loans is generally 60% to 70%. If the collateral provided by the borrower is a villa, the mortgage rate may be as low as 40% to 50%, that is, the customer can borrow up to 700,000.
Reminder: According to industry insiders, the interest rate of such loans generally rises between 20% and 30% on the benchmark.
Unsecured and unsecured large-value credit consumer cash loan
This type of loan does not require mortgage. The materials the customer wants to provide to the bank are simpler than the first two types of loans. It is mainly the basic materials of the borrower (copy of ID card, work certificate, family situation, spouse situation, etc.), materials for borrowing (consumption contract, invoice, etc.), proof of repayment ability (bank card flow list, salary certificate, etc.).
The characteristics of this type of loan are as follows: First, the loan must be used for consumption, which can be used for house decoration, tourism, purchase of bulk furniture, education, study abroad, etc. The borrower must provide the bank with real consumption contracts and invoices, bank regulations. The loan funds cannot be used for investment stocks or buildings. Second, banks have high requirements for the qualifications of such borrowers. In particular, the work is required to be stable, high, and have a good credit history.
Reminder: This kind of loan does not need to be registered as a mortgage, and the application process is simpler and faster than the first two loans. The capital cost of such loans is about 0.6%~0.8% per month, and the year is 7.2%~9.6%, which is much higher than the one-year ordinary mortgage benchmark interest rate of 6%.
Loans with other guarantee methods
All of the above three types of loans are common. The insiders also introduced some loans with other guarantee methods. However, due to the small demand, there are not many banks with these businesses.
Personal Guaranteed Loan: The customer finds a guarantor approved by the bank, and the guarantor guarantees the loan to the bank. If the loan defaults, the guarantor will bear the loan. At present, most of the operations of the bank are for the employees of the bank to secure loans for their colleagues.
Auto Mortgage Loan: Mortgage the car under the customer name to the bank and obtain the loan from the bank. It is worth noting that the car mortgage rate is generally not high, so the number of loans is limited. And the car can be activated, which is not conducive to the supervision of the bank. According to industry insiders, few banks currently handle such loans.
Deposit pledge loan: The customer provides a cash deposit slip whose deposit amount is not less than the loan amount in the name of the person, and the deposit period is not shorter than the loan term, and the pledge guarantee is made from the bank loan.
Other cash equivalents mortgage loans: gold pledge loans, equity pledge loans, principal-guaranteed property quality mortgage loans, policy pledge loans and other valuable bond pledge loans.