The annualized interest rate of 100000 loan 10% is relatively high for the lender, but not very high for the lender. This is the living space of private lending, but private lending is not very standardized. To protect the rights and interests of both parties, we must pay attention to the following aspects:
1. Both parties must sign a loan contract, clarify the loan relationship and liability for breach of contract, and clarify the principle of collateral disposal;
2. For collateral, the mortgage procedures should be complete, because real estate often involves multiple owners;
3. Private lending requires lending with your own funds, so you'd better lend with your own funds;
4. The borrowing time should be clearly defined in the loan contract to avoid short-term borrowing and ultra-long-term borrowing. Short-term lending is easy to waste money, and ultra-long-term lending is easy to devalue collateral;
4. To be on the safe side, you need to know the purpose of the borrowed funds, not for illegal purposes, and stipulate it in the contract;
5, you also have psychological expectations, and there is a high probability that the loan will not be repaid on time. If this happens, it is very likely that the two sides will go to court and the friendship will end.
For your question, the general private lending is as follows: you sign a sales contract with the borrower, and the real estate license is transferred to your name; Sign a house delivery agreement to prove that the other party has delivered the house to you after purchasing the house; If possible, ask the borrower to empty the house, and you'd better live in it. Some people may say that the conditions are too harsh and the borrower will not agree. I still say that whoever has money has the initiative. In reality, the conditions for private lending are much more demanding than this. In addition, it is suggested that your loan interest rate be raised to above 1.5% per month, at least not lower than1%per month; Under normal circumstances, the loan amount should be less than 50% of the collateral.