What are the conditions for mortgages in real estate mortgag
Real estate mortgage refers to the borrower's mortgage of newly purchased commodity housing, and the loan bank provides financial services for the borrower to meet the various needs of the purchase of housing, parking spaces, large durable consumer goods, automobiles and housing renovation. The loan term of the real estate mortgage loan is not more than 30 years; the loan interest rate is executed according to the bank's same-term loan interest rate. What are the conditions for real estate mortgages? Which properties cannot be mortgaged?
What are the conditions for mortgage mortgage?
(1) Borrower qualification, mainly stable, fixed work, and legal collateral, such as A commercial house that can be traded.
(2) The bank entrusts the evaluation company to handle the evaluation, sign the contract, approve the loan, mortgage the property, and the contract is fair and the loan is released.
Generally speaking, buyers must obtain the loan only if they have the following conditions:
(1) The borrower must be an individual with independent civil capacity;
(2) The purchaser has a legal identification of the place of residence;
(3) Signing a commercial house order or purchase agreement with the developer, and have paid the deposit or the first purchase price;
(4) agree to use the purchased property as collateral;
(5) Have the financial status satisfactory to the loan bank. For example, there are stable employees of the company; small business owners with good reputation and repayment ability; residents who are low in themselves but have regular subsidies from relatives and friends, and so on. How to define and grasp the specifics, review and decide by the loan bank.
Which properties can not be mortgaged?
(1) Land ownership cannot be mortgaged. If there is no building, structure or construction in progress on the ground, the land use right obtained by pure allocation cannot be mortgaged, and the land use right of the enterprise cannot be mortgaged separately. .
(2) Collectively owned land use rights such as cultivated land, house sites, self-retained land, and self-retained mountains shall not be mortgaged, except for the use rights of wasteland land such as barren hills, waste ditch, barren hills and barren beaches that have been contracted according to law and approved by the contracting party. .
(3) Real estate with disputed ownership and real estate that has been seized, detained, regulated or otherwise restricted by law may not be mortgaged.
(4) Real estate for education, medical care, government and other public welfare undertakings may not be mortgaged.
(5) Buildings protected by cultural relics and other buildings of important commemorative significance shall not be mortgaged.
(6) Real estate that has been announced to be included in the scope of demolition according to law shall not be mortgaged.
(7) Real estate purchased with the preferential policies of the state cannot be fully mortgaged, and the amount of mortgage is limited to the proportion of the real estate right holders who can be disposed of and earned.
(8) A illegal building or temporary building cannot be used for mortgage.
(9) Other real estate that cannot be mortgaged according to law.