What can be used as collateral for bank mortgage loans?
1 real estate, such as individual housing, family housing, real estate factories, shops, etc. ;
2. Cars, trucks and other cars under the name of the lender;
3 land, if you have legal access to land, you can also take loans;
Other property that can be mortgaged according to law.
When applying for a mortgage loan from a bank, the bank will inspect and review the collateral provided by the lender in all aspects. Generally speaking, the higher the value of mortgage products, the higher the loan amount. Mortgage a loan with real estate. After the first evaluation, the loan can reach 70% to 80% of the evaluation price.
These properties can't be used for mortgage.
Land ownership; For example, collectively owned land use rights such as cultivated land, homestead, private plots and private hills, educational facilities, medical and health facilities and other social welfare facilities of public welfare institutions such as schools, kindergartens and hospitals; Property whose ownership and use right are unknown or controversial; Property sealed up, detained or supervised according to law.
The above is the introduction of what mortgage can be used for bank mortgage loans, and I hope it will help you. If you are not clear about the products to be mortgaged, you can go to the bank for consultation first.