Before going to the bank for a loan, you should know the dry goods

by reallymake
December 15, 2021

Car loans, housing loans, consumer loans, no one loan has a loan this year. Although we are now able to provide services to the society by the management staff of the Bank of China, it is a big deal when they hear their own professional technical terms. Some people have finished lending, but they only know the general process, and the only impression is that through the loan from application to loan, it is troublesome and fatigued everywhere. Today, let’s share some questions about our country’s personal development bank’s non-performing loan business knowledge, so that you can easily deal with every aspect of loan teaching. If you are too lazy to read word by word, just look at the bold words!

Let's look at the loan process step by step:

What are the common types of loan products?

Before taking a loan, our teachers should first understand which types of loans are available. Although my country's major commercial banks have introduced a wide range of new loan products, they are all extended through several basic loan company types. As far as personal loans are concerned, the common and commonly used types of loan risks mainly include mortgages, car loans, comprehensive development consumer loans, and business management loans. Here we need to talk more about the content of the mortgage, after all, the house is just needed, we will use it.

Housing mortgage loan is the full name of housing mortgage loan, and its existence is mainly used to supplement personal housing purchase funds. It is also divided into commercial housing loans, provident fund loans and securities loans.

Commercial housing loans are self-operated loans issued by banks with their own credit funds. Compared with provident fund loans, its interest rate has no policy concessions, so it is relatively high.

Provident fund loans refer to entrusted loans granted by policy housing provident funds. The biggest advantage of provident fund loans is the low interest rate, which has become the first choice of many home buyers.

Housing investment portfolio loans are housing loans that can be applied for by both provident fund loans and commercial credit loan companies at the same time. They are "popular" because of their time-saving and labor-saving, large demand for funds, and rapid economic development. If the buyer meets our working conditions for the above two mortgage applications. Borrowers who meet the market conditions for commercial loans can also deposit housing provident funds at the same time, and they can also apply to the People's Bank of China for provident fund loans while handling commercial loans. To put it simply and crudely, as long as you have a good repayment risk capability and can make a down payment, and there is still a part of the funding gap after all the provident funds are used, commercial banks will appropriately increase my country's commercial housing consumer loan lines to make effective supplements.

After talking about mortgages, let's briefly talk about our other types of loan business.

Auto loan, the full name of China's auto market consumer finance loan, is a loan issued by a bank to car buyers who purchase commodity cars from its authorized dealers.

Comprehensive consumer loans are mainly used for housing, automobile and other consumer loans, mainly for housing decoration, purchase of durable consumer goods, tourism, education, etc.

Operating loans are loans used for daily production and operation turnover.