Now in order to curb real estate speculation, mortgage approval is becoming more and more strict. Moreover, many people apply for mortgages, and in order to improve the success rate of loan approval, they will find a guarantee company to guarantee. So, is this good? What are the disadvantages? Let's have a look.
First, find a guarantee company to mortgage, ok?
If the lender applies for a mortgage, but his qualification is not particularly good, the bank will ask him to find a guarantee company to provide joint and several guarantee responsibilities.
Guarantee companies are skilled in mortgage business and usually cooperate with many banks, so they will be familiar with the mortgage policies of various banks. They can tell lenders what kind of information is helpful for mortgage approval and help them package the information to improve the pass rate of mortgage approval.
Second, what are the disadvantages of finding a guarantee company for mortgage loans?
1. Finding a mortgage guarantee company needs to pay a certain fee, including house appraisal fee and guarantee fee. Moreover, finding a guarantee company may not be able to 100% approve the loan successfully. If the mortgage is refused, the assessment fee paid to the guarantee company will not be refunded.
2. The guarantee company will jointly guarantee the mortgage. Generally, the lender will mortgage the house to the guarantee company as a counter-guarantee measure. When the borrower fails to pay back the money, the guarantee company will repay the debt for him and remind the lender.
3. If the lender fails to repay the loan within the time limit, it will be recorded in the credit report. If the lender fails to make repeated reminders, the guarantee company may appeal to the borrower and auction the lender's house to repay the loan with the approval of the court.
In a word, looking for a guarantee company as collateral has advantages and disadvantages, depending on what you think.
Why do you need to find a guarantee company for housing loan mortgage? What does the guarantee company do from it? How much do you charge?
Because it takes a certain period of time from the issuance of loans to the transfer of real estate, there are certain risks during this period, so a guarantee company is needed, which is generally charged at 1 minute of the loan amount.
When an individual or enterprise borrows money from a bank, in order to reduce the risk, the bank does not lend money directly to the individual, but requires the borrower to find a third party (guarantee company) to provide credit guarantee for it. According to the requirements of the bank, the guarantee company will require the borrower to issue relevant qualification certificates for review, and then submit the audited materials to the bank, which will lend money after review, and the guarantee company will charge corresponding service fees.
The guarantee company is a third-party guarantor invited by the bank to reduce the risk of your non-repayment.
As far as I know, in Beijing, the guarantee company charges a corresponding proportion of fees according to the amount of your loan (called "point" in the industry). According to the difficulty of giving you a loan, it is generally 1-3 points (that is, 1-3 percent of your loan amount). For example, if you press 1 minute, you can borrow 1 ten thousand.
Loan (electronic IOU credit loan) is simply understood as borrowing money with interest. Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.
The "three principles" refer to safety, liquidity and efficiency, and are the fundamental principles of commercial banks' loan operation. Article 4 of People's Republic of China (PRC) Commercial Bank Law stipulates: "Commercial banks should operate independently, bear their own risks, be responsible for their own profits and losses, and be self-disciplined, and take safety, liquidity and efficiency as their operating principles." 1, loan security is the primary problem faced by commercial banks; 2. Liquidity refers to the ability to recover the loan within a predetermined period or realize it quickly without loss of land, so as to meet the needs of customers to withdraw deposits at any time; 3. Efficiency is the basis of sustainable operation of banks. For example, if a long-term loan is issued, the interest rate will be higher than that of a short-term loan, and the benefit will be good. However, if the loan term is long, the risk will increase, the security will decrease and the liquidity will weaken. Therefore, the "three natures" should be harmonious, so that there can be no problem with the loan.
Repayment method: (1) equal principal and interest repayment method: equal repayment every month, and repayment of the sum of loan principal and interest. Most banks have adopted this method for housing provident fund loans and commercial personal housing loans. So the monthly repayment amount is the same; (2) average capital repayment method: that is, the borrower distributes the loan amount to each period (month) evenly throughout the repayment period and pays off the loan interest from the previous trading day to the repayment date. In this way, the monthly repayment amount decreases month by month; (3) Paying interest and principal on a monthly basis: that is, the borrower repays the loan principal in one lump sum on the loan maturity date (applicable to loans with a term of less than one year (including one year)), and the loan bears interest on a daily basis and the interest is repaid on a monthly basis; (4) Repaying part of the loan in advance: that is, the borrower can repay part of the loan amount in advance when applying to the bank, and the general amount is an integer multiple of 1 1,000 or 1 1,000. After repayment, the lending bank will issue a new repayment plan, and the repayment amount and repayment period will change, but the repayment method will remain unchanged, and the new repayment period shall not exceed the original loan period. (5) Repay all the loans in advance: that is, the borrower. (6) Pay back as you borrow: interest is calculated on a daily basis after borrowing, and interest is calculated on a daily basis. You can pay the money in one lump sum at any time without any penalty.
Does the second-hand housing loan guarantee fee have to be paid? What role does the second-hand housing loan guarantee company play?
Second-hand housing loan guarantee fee is generally not a rigid requirement, mainly depends on how to write the contract. If you have the ability to repay the remaining loan, you don't need to pay, but if you need the buyer to pay a certain loan for you, you need to pay the second-hand housing loan guarantee fee.
Does the second-hand housing loan guarantee fee have to be paid?
Relevant laws and regulations have no hard and fast requirements for the guarantee fee of second-hand housing loans. Whether to pay the second-hand housing loan guarantee fee depends on the contract you signed. If it is agreed not to charge the guarantee fee, then it is not necessary to pay it.
Some second-hand housing transaction loans need to find a guarantee company whether through intermediary transactions or not, otherwise the bank will not be able to get the loan. Second-hand housing guarantee fee refers to that banks generally need borrowers to provide guarantee certificates from legal persons, other economic organizations or natural persons with sufficient compensation capacity in order to avoid mortgage risks.
If you can find friends or relatives who are willing to provide you with guarantees and have financial strength, you can issue written documents and credit certificates for the bank. If you can't, you need to go to a professional guarantee company, and they will provide you with a guarantee and pay the fees at this time.
Second-hand housing loan guarantor conditions
1, with urban permanent residence or valid residence status.
2 have a stable occupation and income, good credit, and the ability to repay the principal and interest of the loan.
3, with the purchase of housing contracts or agreements.
4. Be able to pay a down payment of not less than 50% of the national defense evaluation price after full purchase.
5. Agree to use the purchased house as collateral, or provide assets recognized by the loan bank as collateral or pledge, or units or individuals with guarantee qualifications and sufficient compensation capacity as guarantors to repay the loan principal and interest and bear joint and several liabilities.
6. Other conditions stipulated by the lending bank. Loan amount, term and interest rate The maximum amount of second-hand housing mortgage loan usually does not exceed 50% of the purchased house price or the appraised price. The loan term shall not exceed 15 years minus the service life of the house, and the longest term shall not exceed 20 years minus the service life of the house. The loan interest rate is the individual housing loan interest rate stipulated by the People's Bank of China.
What role does the second-hand housing loan guarantee company play?
Second-hand housing loans generally need guarantee companies, especially through intermediary companies, which will require you to find a guarantee company, mainly to improve the approval rate of mortgage loans, so that guarantee companies can share certain joint and several liabilities and reduce the risk of bank lending. Second-hand housing loans to find a guarantee company need bank approval, can not find informal and unclean small companies.
Why do you need a guarantee company to guarantee a house with a loan?
To ensure that the lender has the strength to repay the loan. When an individual or enterprise borrows money from a bank, in order to reduce the risk, the bank does not lend money directly to the individual, but requires the borrower to find a third party (guarantee company or qualified individual) to guarantee.
In general, no guarantee company is needed. Before the real estate license comes out, in order to protect their own rights and interests, after signing the purchase contract, the developer is responsible for the early guarantee (the developer needs to pay a certain percentage of deposit to prevent some owners from defaulting on the supply and affecting the quality of bank loans); Unless the developer's qualification is too poor, a guarantee company is needed.
1. provident fund loans do need to be guaranteed, but the form of guarantee should not be limited to guarantee companies, and natural persons can also guarantee. You have to pay the service fee. But now the provident fund loan guarantee has been cancelled. If it is handled recently and needs guarantee, you can complain to the relevant departments.
2. The provident fund management center requires the guarantee company to guarantee mainly to reduce risks. The two sides should establish cooperative relations.
3. When the borrower applies for a guarantee, the guarantee company charges the borrower a certain guarantee fee and requires the borrower to use the purchased commercial house as collateral. When the borrower fails to repay the loan owed to the bank as scheduled for some reason, the guarantee company shall be jointly and severally liable for repaying the loan.
4. Among the subjects of legal relationship involved in individual house purchase secured loans, banks, guarantee companies and buyers are the legal relationships among lenders, guarantors and borrowers, that is, guarantee companies provide repayment guarantees for the loans of buyers with unpaid assets.
5. The sources of funds of the guarantee company are mainly obtained through government budget funds, asset allocation and key real estate enterprises, and there is a reliable strength guarantee in the ability to undertake guarantee responsibilities.
Baidu Encyclopedia Entry Guarantee Company _