What is the mortgage process of the guarantee company?

In practice, some people set a pledge for their IOUs to ensure that their property can be returned in time, and some people will mortgage their houses to operate without liquidity and temporarily obtain corresponding funds. These are some of our common guarantees, but in different ways. Most people are used to mortgaging their own properties to banks, and some people will hand them over to guarantee companies. Today, we will learn about the real estate mortgage process of the guarantee company. What is the mortgage process of the guarantee company? Article 402 of the Civil Code (effective as of 202 1. 1) shall be mortgaged with the property specified in Items 1 to 3 of the first paragraph of Article 395 of this Law or the building under construction specified in Item 5, and the mortgage registration shall be handled. The mortgage is established at the time of registration. Step 1: Submit the required documents. The documents required by the mortgage borrower (natural person) are: 1, real estate license or house ownership certificate, and land use right certificate; 2. The borrower's ID card and household registration book; 3. The following documents are also required (the borrower prepares the corresponding documents according to his own situation): a. Single certificate: 1 copy issued by the civil affairs bureau where the household registration is located; B. Marriage certificate: 3 copies of marriage certificate, spouse ID card and household registration book; C. Divorce certificate: 1 copy issued by the civil affairs bureau where the household registration is located; Step 2: The professional appraisal company will entrust professionals. Step 3: After signing the entrustment agreement (signing the contract in person at the bank), you need to go through the formalities of examination and approval of real estate insurance and corresponding loans, and issue loan contracts and mortgage contracts if you agree to the examination and approval. If the borrower (lender) negotiates all matters with the company, the company will sign an entrustment agreement with the borrower (lender). Step 4: Sign the mortgage loan contract. The borrower and the lender must be present together to sign the mortgage loan contract. Please read every clause in the contract carefully before signing, and don't leave out any details. If there is any dispute in the future, this contract will serve as the legal basis. Step 5: Notarization The borrower and the lender must go to the notary office for notarization, and they need to carry the above-mentioned certification materials when notarization. Step 6: Apply for house mortgage certificate (certificate of other rights). The guarantee company will send people to assist borrowers and lenders to apply for housing mortgage certificates. Step 7: After all the procedures for lending are properly handled, the lender will deposit the cash into the borrower's account. At this point, the loan process is completed. Through the above study of the real estate mortgage process of the guarantee company, we will know that there are seven steps in the real estate mortgage process of the guarantee company, and each step is indispensable. In practice, if we handle the real estate mortgage ourselves, the process may be different. However, several conditions are essential when setting up mortgage loans. First, the form must be written; Second, a mortgage contract must be signed, and the contents of the agreement must be clearly defined; Third, in terms of legal effect, the mortgagee has the priority to be compensated after the mortgage period expires.