House mortgage loans can support many purposes, including decoration, travel, car purchase, purchase of durable goods, medical care and other consumer fields. However, it is stipulated that it cannot be used for investment activities such as buying stocks and trusts. Specifically, it can be divided into The following two categories:
The first category: for daily consumption. Mortgaging your house to obtain funds in order to pay for consumption activities, including house decoration, car purchase, studying abroad, traveling, purchasing large amounts of durable goods, etc., are all personal daily consumption purposes.
Category 2: used for business operations. Mortgaging a house in order to obtain funds can be used for legal production and business activities such as purchasing or updating business equipment, paying rent for leased business premises, etc.
In addition, purchasing a commercial house cannot be paid in one go. It is feasible to a certain extent to use the mortgage loan of an existing house to pay for the house. You need to consult a loan officer for details.
Extended information:
House mortgage loan application information:
1. Real estate certificate (in house mortgage bank loans, the real estate certificate and land certificate must be given to the bank mortgaged).
2. ID cards of the right holder and spouse.
3. Household register of the obligee and spouse.
4. Proof of income (this certificate has a greater impact on the success of the home mortgage bank loan and the maximum amount.).
5. If the owner of the real estate certificate has underage children, please provide the birth certificate.
6. If there is a bank loan in the property, please provide the original loan contract and the last bank statement.
In order to improve the approval rate for house mortgage loans, please provide as many other proofs of the family's property as possible (such as other property certificates, stocks, funds, cash passbooks, vehicle driving licenses, etc.).
Baidu Encyclopedia-House Mortgage Loans