No priority. Your mortgage loan is a loan relationship between you and the bank, not the company. When you lend money to a company, it is your personal relationship with the company. Bank loans rank behind employees and taxes in company liquidation. Personal lending is a violation of creditor's rights, ranking last. It is risky for individuals to lend money to companies.
What materials do you need to know about mortgage when the mortgage company closes down?
The loan company sealed up the mortgaged house and went to the notary office to solve the mortgage. The conditions are as follows:
1. has legal status;
2. Have a stable economic income, have the ability to repay the principal and interest of the loan, and have no bad credit record;
3. There is a legal and effective purchase contract;
4. If the newly purchased house is used as the maximum mortgage, it must have a legal and effective purchase contract, the age of the house is within 10 years, and the down payment of not less than 30% of the total price of the purchased house has been prepared or paid.
legal ground
Article 68 1
A surety contract is a contract in which the surety and the creditor agree that the surety will perform the debt or assume the responsibility when the debtor fails to perform the due debt or the circumstances agreed by the parties occur.
Chapter six hundred and ninety-three
If the creditor of the general guarantee fails to file a lawsuit or apply for arbitration against the debtor during the guarantee period, the guarantor will no longer bear the guarantee responsibility. If the creditor of joint and several liability guarantee fails to ask the guarantor to bear the guarantee responsibility during the guarantee period, the guarantor will no longer bear the guarantee responsibility.
What if the loan company closes down and the house is mortgaged?
If the loan company goes bankrupt and the house is mortgaged, you only need to continue to repay the bank loan according to the loan contract, and you can repay it after going through the formalities of paying off.
1. There are three ways of prepayment.
There are three ways to repay the loan in advance: one is to repay the loan in advance, that is, the buyers collect the arrears and pay off all the remaining loans and mortgages at one time, which is suitable for people with abundant funds. Second, partial prepayment, shortening the loan life, and keeping the monthly repayment amount of the remaining loans unchanged, which is suitable for people with stable jobs and incomes, such as civil servants and personnel of public institutions. The third is to keep the repayment period unchanged and reduce the monthly repayment amount of the remaining loans, which is suitable for people whose family income is expected to decline or whose family expenses will increase in the future, such as ordinary workers and farmers.
2. Early repayment is suitable for two groups of people.
If you apply for provident fund loans or portfolio loans, it is not appropriate to repay in advance. If the mortgage is repaid in advance, the commercial loan must be repaid first. Because provident fund loans contain policy subsidies, the loan interest rate is much lower than that of commercial loans. Buyers and sellers in business need more liquidity. If the return on investment is higher than the loan interest rate, there is no need to choose to repay the loan in advance.
Early repayment is mainly suitable for lenders who are in the early stage of repayment or the loan interest rate rises more, because in the early stage of repayment, the principal base is larger and the interest is correspondingly higher. If you have idle funds on hand and have no good financial management direction, prepayment is also a good choice.
3. There are two time points for prepayment.
Most property buyers will choose one of two repayment methods when applying for housing loans: equal principal and interest or average principal. Matching principal and interest means that the monthly repayment amount is equal, the average capital decreases month by month, and the first month is the largest. If equal principal and interest are used for repayment, pay attention to prepayment when the total loan life is less than or equal to 1/3. If repayment is made with the same principal: if the total loan life is less than or equal to 1/4, repayment can be made in advance.
4. Pay attention to the bank's requirements for early repayment.
If buyers don't want to repay in advance, they must know the requirements of the bank. For example, many banks have a certain number of years and amount requirements for prepayment, and even charge a certain penalty, some of which are charged according to the interest for several months, and some are charged directly according to the loan ratio.
When applying for prepayment, buyers should also consult the bank in advance to see how long it takes to apply in advance and what materials need to be prepared. After the loan is paid off, buyers should also remember to go through the formalities of mortgage.