Financial companies (also known as financial companies) are a kind of extremely important financial institutions in western countries. Its financing mainly depends on issuing commercial paper in the money market and issuing stocks and bonds in the capital market; They also borrowed money from banks, but the proportion was very small. The collected funds are used to provide loans to consumers and small businesses who buy durable consumer goods and repair houses.
Mortgage means that the buyer fills in the mortgage loan application form to the bank and provides legal documents such as ID card, income certificate, house sales contract and guarantee letter. The bank promises to provide loans to the buyer after passing the examination, and according to the house sales contract provided by the buyer and the mortgage loan contract signed between the bank and the buyer.