What are the types of mortgage loans from Bank of China?

What are the types of house mortgage loans?

House mortgage loans can be divided into the following types based on interest calculation and principal repayment methods: 1. Real estate certificate mortgage loans - Progressive Mortgage. This kind of loan stipulates reasonable and unequal repayment amounts according to the borrower's income level during the repayment period, or the repayment amount is the same each time but the repayment time intervals gradually become smaller. 2. Real estate certificate mortgage loan-decreasing repayment mortgage loan. This means that the principal to be repaid in each repayment period is first fixed, and then the interest payable in each period is calculated based on daily interest. 3. Real estate certificate mortgage loan-fixed interest mortgage loan. This refers to the practice of financial institutions fixing the mortgage interest rate throughout the repayment period when making real estate mortgage loans. 4. Real estate certificate mortgage loan - renegotiated interest rate mortgage loan or rolling mortgage loan. This means that the mortgage loan allows both parties to renegotiate the mortgage interest rate every 3, 4 or 5 years during the repayment period. 5. Real estate mortgage loans - In addition, there are also forms such as proportional appreciation loans, accelerated principal repayment mortgages and adjustable interest rate mortgages. Article 35 of the "Commercial Bank Law": Commercial bank loans shall strictly examine the borrower's purpose of borrowing, repayment ability, repayment method, etc. Commercial bank loans should implement a system of separation of review and loan and hierarchical review and approval. What types of mortgage loans are there? Mainly these three types!

;? Nowadays, there are many credit products under bank financial institutions. The most popular one is credit loan. It is simple and convenient and has a low threshold, but it is not suitable for users with poor credit or who are looking for large loans. , mortgages tend to be more suitable for them. So what are the categories of mortgages? Today I will introduce a few models, and qualified friends can learn about them.

1. Personal housing loan Users who have a house tomorrow can choose this method to apply for a commercial housing loan from the bank. This is a self-operated loan issued by bank credit funds, which refers to a person with full capacity for civil conduct. When a natural person purchases a self-occupied house in an urban area in this city, he or she shall use the purchased property as collateral. The housing provident fund loan applied to the bank is an entrusted loan issued by the policy-based housing provident fund. It means that when employees who pay the housing provident fund purchase, build, renovate, or overhaul their own housing in the cities and towns of this city, they will use their property rights to own the housing. as collateral.

2. Enterprise Mortgage Loan Enterprise mortgage loan requirements are targeted at various small and medium-sized enterprise customers registered with the industry and commerce. The company has been registered and operated for more than one year, and the recent company's turnover is required to reach more than 3 million. For those with good operating conditions, the general mortgage loan period is between one and five years, and it is often necessary to provide qualified mortgage collateral.

3. Trust Mortgage Loan Mortgage trust loan means that the trustee accepts the entrustment of the client and releases the funds deposited by the client according to the object, purpose, term, interest rate and amount specified in the trust plan. For loans, the financier uses real estate mortgage as a guarantee for the trust loan. Under normal circumstances, the annual rate is about 80% plus fees. What kind of collateral does Bank of China's BOC Enterprise E-loan mortgage loan support?

Types of collateral supported by Bank of China Enterprise E-loan mortgage loan:

Bank of China supports borrowing enterprises, actual controllers of enterprises, legal representatives, shareholders and spouses of the above-mentioned natural persons, natural persons and Houses, apartments, and villas owned by the spouse's parents and adult children with clear property rights, stable value, and easy realizability must meet the following conditions:

1. Commercial real estate with full property rights, without property rights disputes and market Circulation restrictions.

2. In principle, the actual business address of the borrower is in the same province.

3. China Bank is the first mortgagee.

4. The apartment must be a residential apartment, not a business apartment or a serviced apartment.

5. Other collateral access conditions required by Bank of China.

The above content is for your reference, please refer to actual business regulations.

If you have any questions, please feel free to consult Bank of China’s online customer service.

You are sincerely invited to download and use Bank of China Mobile Banking APP or Bank of China Cross-border GO APP to handle related businesses. What is a bank mortgage loan and what are its classifications?

;When we want to start our own business, we need a certain amount of funds due to insufficient liquidity on hand. At this time, we need a safer way to borrow money, and bank mortgage loans provide This is a safe way to borrow money.

1. What is a bank mortgage loan? A mortgage loan refers to a loan that the borrower obtains from the bank with a certain amount of collateral as a guarantee. It is a form of lending by banks. The collateral usually includes securities, treasury bonds, various stocks, real estate, and bills of lading, warehouse receipts or other documents that prove ownership of items. When the loan matures, the borrower must repay it in full, otherwise the bank has the right to dispose of the collateral as a form of compensation.

2. Classification of bank mortgage loans (1) Personal housing loans 1. Personal housing commercial loans Personal housing commercial loans are self-operated loans issued by bank credit funds, which refer to those with full civil capacity. When a natural person purchases a self-occupied house in an urban area in this city, he or she applies for a housing commercial loan from a bank with the property purchased as collateral and as a guarantee for loan repayment. 2. Personal housing provident fund loan Personal housing provident fund loan is an entrusted loan issued by the policy-based housing provident fund. It refers to employees who pay housing provident fund and purchase, build, renovate or overhaul their own houses in cities and towns in this city. A housing provident fund loan is applied to the bank for a housing provident fund loan that is used as collateral to guarantee loan repayment. 3. Personal housing portfolio loans. Borrowers who meet the conditions for personal housing commercial loans also pay housing provident funds. When applying for personal housing commercial loans, they can also apply for personal housing provident fund loans from the bank. That is, the borrower purchases the city’s Urban owner-occupied houses can be used as collateral to apply for personal housing provident fund loans and personal housing commercial loans from banks at the same time (this loan method is referred to as personal housing portfolio loans). (2) Enterprise mortgage loans Enterprise loan targets: various small and medium-sized enterprise customers registered with the industrial and commercial enterprises and operating in good condition. Corporate loan term: generally 1-5 years Corporate loan amount: generally 500,000 to 1 billion yuan Basic requirements: 1. Hold a loan card issued by the People's Bank of China, no bad credit record 2. Company registration and operation for more than 1 year , with an annual turnover of more than 3 million yuan. The expected annualized interest rate and fees are generally between 8% and 14%. (3) Trust mortgage loan Mortgage trust loan means that the trustee accepts the entrustment of the trustor and transfers the funds deposited by the trustor according to its (or trust plan) ) Loans are issued according to the designated objects, purposes, terms, expected annualized interest rates and amounts, etc., and the financier uses real estate mortgage as a guarantee for the trust loan. The expected annual interest rate plus fees is generally around 18% per year. (4) Pawn shop mortgage loan Mortgage pawn means that the pawnbroker mortgages his real estate to the pawn shop, pays a certain proportion of fees and interest, obtains the deposit, and pays the interest on the deposit, fees, repays the deposit, and redeems it within the agreed period. The behavior of pawn. The combined interest and fees are about 3% per month.