Basic mortgage knowledge

1. What is a mortgage loan for a second-hand building? It refers to the personal housing mortgage loan business in which buyers of second-hand houses (ordinary houses and Commercial Houses) have insufficient funds to buy houses, use the purchased houses as collateral, apply for loans from the bank, and repay the principal and interest in installments. Ii. Housing Mortgage Loan types 1. Mortgage types: divided into A and commercial loans according to different loan interest rates: B. Provident Fund loans: participate in the housing provident fund system of this Municipality, enjoy policy-based low-interest loans C. Combined commercial and provident fund loans: 2. Loan Form: ①. Consumer housing loans: used for personal self-occupation housing loans and supporting parking space loans. Individual housing loan classification: A. General mortgage: "Real Estate Certificate" in hand, without mortgage restrictions, the customer uses the purchased property as collateral and applies for loans from the bank. B. Mortgage Loan: Buy a house that the owner is mortgaging in a bank. C. Mortgage redemption: The property of the original bank mortgage is paid off by the owner, and the buyer applies for a mortgage loan from another bank. D. Pure mortgage loan: a loan with the "Real Estate Certificate" as the pledge. The feature is that the original owner is the borrower and no ownership transfer is required. E. Add a mortgage loan: Increase the loan amount based on the original mortgage, which is generally handled by the original loan bank. F. mortgage loans of the same name: the bank can be changed based on the original mortgage, which can increase the loan amount or change the loan period. ②. Business-type housing loans: shops, office buildings, factories Iii. Loan Amount (maximum loan amount: assessed price as the standard) Second-hand floor transaction mortgage loans (10 years old) Residential Buildings: 70% (15 years old) 50% villas: 50-60% 50% shops: 50% 50% office buildings: 50% 50% Iv. loan period: 1. Loan Term + borrower age ≤ 70 years old (male: 70 years old, female: 65 years old) 2. Loan Term + floor age ≤ 30 years 3. Provident Fund loan cannot exceed 20 years (male ≤ 60 years old, female ≤ 55 years old) 4. Pure mortgage for 3-5 years; 5. office buildings and shops for 5 to 10 years V. Loan Interest Rate The loan interest rates of housing, commercial housing, and Provident Fund of the same grade stipulated by the People's Bank of China.6. repayment methods (currently two commonly used methods) 1. Same amount and interest repayment method: the monthly repayment amount is the same, but the principal or interest is not the same, so the repayment pressure is low. Calculation method: monthly payment = loan amount × 0.4 million yuan payment. For example, for a commercial loan of 5.814% yuan for 20 years, if the annual interest rate is, the monthly payment of Yuan is as follows: 70.5742 for lunar January = 70.5742x400000 RMB 10000 = 2822.97 yuan monthly repayment amount: 5 years: 191.05 10 years: 110.09 15 years: 83.38 20 years: 70.57 2. Same amount of principal repayment method (progressive subtraction): The borrower pays the same amount of principal for each period and the repayment method of the loan interest payable in the current period. Features: In the early stages of repayment, the borrower's burden is heavy, but with the passage of time, the amount of each repayment period will gradually decrease. Calculation method: monthly principal = first month of the loan amount period = monthly Principal + loan amount × second month of monthly interest = monthly Principal + (loan amount-paid principal) × monthly interest rate, for example: take a commercial loan with a loan of 0.4 million yuan and a loan period of 20 years as an example: return the principal at an equal amount per month: 400000 RMB (20 × 12) = 1666.67 RMB interest for the first month: 400000 × (5.814% usd12) = 1938 RMB the first month's repayment amount is: 1666.67 + 1938 = 3604.67 RMB the second month's interest :( 400000-1666.67 × 1) × (5.814% usd12) = 1929.92 then the repayment amount for the second month is: 1666.67 + 1929.92 = 3596.59 RMB 240th monthly interest :( 400000-1666.67 × 239) × (5.814% usd12) = 8.07 RMB 7. The borrower has the following conditions: 1. The borrower must be an 18-to 70-year-old Chinese citizen with full civil capacity or a foreign citizen with valid certificates on the Chinese mainland. 2. The borrower agrees to apply for a loan from the bank with the purchased housing as the mortgage. 3. The borrower must pay for the first phase of a house which is no less than 30% of the assessed price. 4. stable income, good credit (whether there are bad records, Central Bank blacklists, etc.), and more than two times of the current and interest of each period. 8. submit materials for mortgage handling of second-hand buildings 1. Buyer: A. Identity Documents of the owner and spouse, account book, proof of marital status, passbook for house supply, provident fund card, passbook, and proof of deposit of housing provident fund. B. Proof of income in the past year (such as proof of unit income, proof of deposit (cash flow account), proof of fixed assets such as securities, real estate, and automobiles ). C. a person younger than 18 years old must file his/her identity with no guardian and his/her public certificate. 2. Seller: A. original property ownership certificate. For a common property, you must submit the "Real Estate Co-ownership certificate" and written comments of the co-owner on real estate sales. B. Identity Documents of myself and my spouse, account book, proof of marital status, and deposit passbook. C. a person younger than 18 years old must present his/her identity documents and the guardian's public certificate and statement. Note: If the transfer is made, the original loan contract and cash passbook shall be provided. IX. submit materials for handing over the delivery of second-hand buildings Information required by the real estate administration of Tianhe District and Haizhu District: 1. Three copies of the original real estate certificate (four copies of Tianhe) 2. Two copies of the Guangzhou real estate sales contract (original) 3. Four copies of Guangzhou real estate transfer registration application form (you can fill in one copy first) 4. Two copies of the ID card of both buyers and sellers of Haizhu and one copy of Tianhe. 5. Plot of real estate (2 for one person and 3 for two persons) Required information of Panyu district housing administration: 1. Original Real Estate Certificate plus two copies (2. Three copies of the real estate sales contract in Panyu district, Guangzhou City (original) 3. A questionnaire form for the registration of private real estate property rights in Panyu district, Guangzhou City 4. Copies of the buyer and the seller's ID card dashi: 3 copies of the seller and 4 copies of the buyer; Shiqiao District: three copies of the seller, five copies of the buyer (original verification), five copies of the real estate graphic (parcel map and household chart) two copies each 6. One copy of the query table for the current day 7. Evaluation-Free Application Form (entered in the window) 10. Apply for mortgage registration of second-hand buildings and submit materials Information required by Tianhe District and Haizhu District: (1) Application for Registration of other real estate rights (2) real estate right certificates: (real estate right certificates, Real Estate Co-ownership certificates, state-owned land use certificates, and land property right ownership certificates) (3) identity certificates: ① identity certificates of legal persons and other organizations include: Business License for industrial and commercial registration or organization Code Certificate. ② Identity certificates of a natural person include: ID card, military officer certificate, passport, or other identity certificates. 3. identity certificate of the delegated handler: provide the original legal representative certificate, power of attorney and proof of identity of the legal representative and agent. (4) The primary contract and mortgage contract, evaluation report or negotiation agreement (6), and Haizhu District also need a capital conversion document. Information required by Panyu District: No forwarding 1. Guangzhou Panyu District Real Estate other rights and interests registration (mortgage) Application approval form; 2. Real Estate Certificate: (real estate certificate, Real Estate Co-ownership certificate, state-owned land use certificate, Land Property Ownership Certificate) and copies 3. Identity: ①. identity certificates of legal persons and other organizations include: Business License for industrial and commercial registration or organization code certificate. ② Identity certificates of a natural person include: ID card, military officer certificate, passport, or other identity certificates. 3. identity certificate of the delegated handler: provide the original legal representative certificate, power of attorney and proof of identity of the legal representative and agent. 4. Main contract and mortgage contract 5. Evaluation Report or Negotiation Agreement 6. ID card of the property owner, account book, copy of marriage certificate, and all copies must be stamped with the Public Seal of the mortgagee.