1.? Real estate: for example, personal housing, family housing, real estate plants, stores and so on. A mortgage on real estate is a common way in which the bank will assess the value of the property and grant a certain percentage of the loan amount. The loan amount usually ranges from 50% to 80% of the value of the mortgaged home, and the exact percentage may vary depending on the bank's policy, the type of property, the location and other factors; the loan period is usually longer, up to 20 or 30 years.
2.? Automobile: small cars, large trucks, etc. in the name of the lender. The amount of auto mortgage is usually determined by the appraised value of the vehicle, usually a certain percentage of the vehicle's value, and the loan period is relatively short.
3.? Land: Land obtained through legal means can be used for mortgage loans, but it should be noted that the state-owned construction land use rights obtained by means of allocation usually cannot be mortgaged.
4.? Financial products with cash value: such as life insurance policies, securities, notes, stocks, bank deposits and so on.
When applying for a mortgage from a bank, the bank will conduct a comprehensive examination and review of the collateral, including the value of the collateral, the clarity of the property rights, the market liquidity and so on. At the same time, different banks may have different requirements and lending policies for collateral.
In addition, there are some other properties that may be accepted as collateral by some banks, such as production equipment, raw materials, semi-finished products, products, buildings under construction, ships, aircraft and so on. However, the following properties are not legally allowed to be used as collateral:
1. Land ownership;
2.? Collectively-owned land use rights such as arable land, homesteads, self-reserved land, and self-reserved mountains, except for those that can be mortgaged under the law;
3.? Educational facilities, medical and health care facilities and other social welfare facilities of institutions and social organizations such as schools, kindergartens and hospitals, etc., which are intended for public welfare;
4.? Ownership, right of use is unknown or disputed property;
5.? Property that has been seized, impounded or supervised in accordance with the law.
If there is a need for a mortgage, it is recommended to understand the lending policies and requirements of different banks in advance and choose the right collateral and bank according to your own situation. At the same time, it is important to pay attention to rational planning of loan usage and repayment plan to ensure that you can repay the loan in full and on time in order to avoid unnecessary risks and losses. The specific items that can be collateralized also need to refer to the provisions of the local bank.