In recent years, private lending has gradually become popular. Compared with bank loans, private lending has the characteristics of simple procedures, flexibility and convenience, but the ensuing problems will also discourage many people. So, is private lending risky? What are the risks of private housing mortgage?
Is private lending risky?
In private lending, we need to pay attention to the following risks:
(1) The loan funds should be well documented: the proof of private lending includes two elements: the loan agreement and payment. It is best to issue a written loan, and at the same time, fix the payment delivery evidence by bank transfer to avoid disputes over whether to lend money afterwards.
(2) Be cautious as a guarantor: If the borrower appears in the name of a guarantor, it should bear the guarantee responsibility, not just a witness, and should bear the repayment responsibility when the debtor fails to repay.
(3) Not protected by law: If the lender agrees to pay high interest when lending funds, it will not be protected if the annual interest rate exceeds 24%.
(4) Stay away from illegal fund-raising: If the borrower borrows a large amount from an unspecified public, it may constitute crimes such as illegally absorbing public deposits and raising funds. When lending funds, the lender shall investigate the borrower's credit status and examine whether the borrower is engaged in illegal fund-raising activities. Especially when participating in P2P loan transactions, it is necessary to strengthen credit review to prevent P2P companies from running away with money.
(5) Illegal debts are not protected by law: the breaking-up fees incurred by men and women who don't proper relationship, the entrustment fees incurred by "looking for a relationship trustee" and gambling debts incurred by gambling are all illegal debts, and even if they sign IOUs, they are not protected by law.
(6) Never forget not to exceed the term: after the loan expires, the lender should actively claim the creditor's rights. If the lender has never claimed the creditor's rights within two years after the loan expires, the borrower may claim that the loan has expired and will not be repaid.
(7) Be cautious when signing commercial housing sales contracts to guarantee loans: the lender should use legal guarantee methods such as mortgage to guarantee the performance of debts. If the lender only signs a commercial housing sales contract with the borrower or distrains the real estate license as a loan guarantee, it should generally be handled as a private lending relationship. If the parties advocate auctioning the subject matter of the sale contract to repay the loan, they can support it.
(8) false litigation should be investigated for legal responsibility: in divorce proceedings, if a spouse and a third person make up debts and ask the other party to bear the responsibility, it will not be supported. If both husband and wife use divorce as an excuse to avoid debts, they should still be responsible for the debts during the existence of the husband and wife relationship. Those who are identified as belonging to false litigation may take compulsory measures such as fines and detention, and those who constitute a crime shall also bear criminal responsibility.
What are the risks of private housing mortgage?
Regarding private real estate mortgage loans, there are generally the following risks:
(1) The agreed interest is seriously inconsistent with the actual interest.
(2) The company that handled the mortgage loan closed down, the deposit property certificate could not be recovered, and the mortgage registration could not be revoked, resulting in the inability to buy or sell the property and the inability to borrow money.
(3) The agreed interest rate is very low, but there are many other expenses, such as deposits and handling fees.
(4) Find a private person to handle the loan, and the money has been paid off after the maturity, and the lender does not cooperate with the cancellation of mortgage registration, or requires additional fees.
(5) Many "dirty" companies want your house instead of a loan.
Is private lending risky? What are the risks of private housing mortgage? From the above, we can see that private lending is risky, so we must be cautious in the process of lending and avoid being routine.
What are the risks of the loan?
Many friends who are in urgent need of funds want to borrow money from the bank, but the speed is too slow or can't meet the requirements. They hope to find some NGOs to deal with mortgages or automobile mortgage. But after reading the "routine loan" in the recent news, I stopped there, because the risk of private lending is really great. The following is a summary of loan risks:
1. The agreed interests are seriously inconsistent with the actual interests. Because you signed the contract before the loan, but after the loan, you found that the actual interest was much higher than the agreed interest. Second, the company that handled the mortgage loan closed down, the deposit and real estate license could not be recovered, and the mortgage registration could not be revoked, resulting in the inability to buy or sell the property and to lend. Third, the agreed interest rate is very low, but there are many other expenses (such as deposits, handling fees, etc. ). Fourth, find a private loan, the money has been paid off after maturity, the lender does not cooperate with the cancellation of mortgage registration, or ask for extra fees. Many dirty companies want your house, not interest.
Because of the so-called low risk and high profit, many private mortgage loans are now handled by many lending institutions. If there are more institutions, the market will be chaotic, and various problems will emerge one after another, and there will be many routines. Is private loans really not suitable for loans? No, after all, not everyone who needs funds can borrow money from the bank. Private loan companies have solved the problem that many enterprises and individuals urgently need money.
However, the loan companies are mixed. Before lending, we should carefully distinguish between good and bad, and don't get caught in the thief boat. Once the rights and interests are infringed, we must use the law to safeguard our rights and interests.
What are the risks of personal housing mortgage loan?
Housing loans are secured by real estate. Generally speaking, it is a safe loan product. However, subject to the factors of long mortgage lending time and low activity, the risks of banks are mainly manifested in the following aspects:
The first is the risk that the property mortgage certificate cannot be implemented. As we all know, the real estate sales are basically uncompleted residential flats. On the premise that real estate developers have obtained land certificates, construction planning certificates, pre-sale certificates and other procedures, banks can start selling houses and collect down payment, and banks can issue loans to buyers when the property is capped. Although the pre-cancellation of real estate mortgage has been stopped during this period, it still takes a long time to handle the real estate certificate. During this period, the developer needs to submit a considerable amount to handle the property right certificate. After the issuance of housing loans, to ensure that the real estate can be handled smoothly as scheduled depends on the continuous promotion of subsequent construction projects by developers and the efficient handling of various warrants cancellation procedures. If the cancellation of the property right certificate of the whole building is out of line, or even the developer runs away, it may affect the handling of the mortgage loan business of the whole building, leading to the borrower's default and the value of the collateral becoming invalid.
The second is the credit risk of the owner of the real estate mortgage. Due to the long time of housing mortgage loan and the influence of many factors, some buyers are subject to their own repayment strength. If there is a big risk change in the early stage of borrowing, and the family income can't meet the loan repayment requirements, it will default on the mortgage, resulting in loan risk; Then the borrower's own strength is weak, and if the qualification of the developer or guarantor who undertakes the phased guarantee obligation exceeds his own ability, there will be the problem of loan impermanence.
The third is the impermanence risk of real estate collateral. First, there are differences in value evaluation methods, which may lead to overvaluation of the value of real estate collateral, resulting in a high proportion of mortgage loans to customers, and then present the risk that the loan amount is higher than the value of collateral. Secondly, there are illegal buildings or quality problems in the ownership of houses, and the ownership of collateral is not permanent, which leads to the invalidity of collateral and loan mortgage. Then there is the mortgage on the real estate loan, but after all, the property belongs to the property. Local economic conditions, housing prices in lots, supporting facilities in residential areas, some exceptional things and other factors will all affect the realization of mortgaged real estate, and even auction will not be realized, and even a discount auction will occur, thus affecting the normal realization of mortgaged real estate. Even after many efforts to achieve victory, after deducting all kinds of auction fees, there will still be the risk that cash can't pay the principal and interest of the loan, resulting in the loss that the credit funds can't be fully recovered.
The overall quality of personal housing mortgage loan assets is good and the safety factor is high. However, as a risky product, loan will be affected by developers, borrowers and staged economic factors, and credit risk and system risk will still occur. We should pay attention to demand management before and after lending, and take measures to prevent and resolve it.
What are the risks of personal mortgage loan?
In fact, there are many requirements for personal mortgage loans, and there may be certain risks. If these circumstances are not considered, blindly choosing a loan mortgage scheme may affect future expenses. The following is about personal mortgage real estate loans and personal mortgage risks. I hope everyone can pay attention.
Nowadays, many people find that their savings are very limited when buying a house, and the range of choices is very small, so they will consider the way of mortgage loan. However, there are many requirements for personal mortgage loans, and there may be certain risks. If you don't consider these situations, blindly choosing a mortgage plan may affect your future expenses. The following is about personal mortgage real estate loans and personal mortgage risks. I hope everyone can pay attention.
Personal mortgage real estate loan
Personal housing mortgage loan means that the applicant applies for a loan from the bank with his own housing property rights as collateral, and the loan funds can be used for personal consumption and operation.
Personal housing mortgage loan is different from personal housing mortgage loan. Personal housing loan refers to the loan issued by the bank to the borrower for the purchase of ordinary housing for personal use. The borrower must provide a guarantee when applying for a personal housing loan.
1, a natural person with China nationality and full capacity for civil conduct;
2. Hold valid identity documents;
3. Have a stable and legal source of income;
4. Mortgaged real estate has a real estate license with clear property rights and can be listed and circulated;
5. Other conditions stipulated by the bank;
What are the risks of personal mortgage?
1, default risk
The risk of default includes compulsory default and rational default. Compulsory breach of contract refers to the passive behavior of the borrower, and the theory of ability to pay holds that compulsory breach of contract is caused by insufficient ability to pay. This shows that the borrower has the willingness to repay, but has no ability to repay. Rational breach of contract refers to the borrower's active breach of contract. According to the equity theory, in a perfect capital market, the borrower can only make a decision whether to breach the contract by comparing the unique rights and interests in his house with the size of mortgage debt. When the real estate market price rises, the borrower can transfer the house to pay off the loan, recover the cost and get a certain profit; When the real estate market price drops, in order to pass on the loss, even if he has the ability to repay, the borrower voluntarily defaults and refuses to repay.
2. Liquidity risk
Liquidity risk refers to the risk that short-term deposits and long-term loans are difficult to realize, and liquidity is an important principle for banks to ensure asset quality. Today, liquidity risk is reflected in two aspects. First, at present, China's housing loans mainly come from provident fund and savings deposits. Savings deposits absorbed by banks belong to short-term deposits, generally only three to five years, while housing mortgage loans belong to long-term loans. This short-term deposit and long-term loan behavior makes the liquidity of banks very low, which in turn brings liquidity risks. Second, the assets and creditor's rights held by banks are not easy to be realized, which easily leads to liquidity risk. In this way, banks may lose more favorable investment opportunities in the financial market and increase the losses caused by opportunity costs.
3. Business cycle risk
Business cycle risk refers to the risk caused by the periodic fluctuation of the overall level of the national economy. Compared with other industries, the real estate industry is more sensitive to the business cycle. With the economic expansion, the income level of residents has improved, and the market demand for real estate has increased, so it is not a problem to realize the house. Banks and individuals are full of optimistic expectations for the future, and the number of housing mortgage loans issued by banks has also increased dramatically. The economy is depressed, the unemployment rate is rising, the income of residents is sharply reduced, and a large number of loans cannot be repaid. Even if the house has been mortgaged to the bank, it cannot be realized because of the weakness of the real estate industry. At this time, the mortgage risk is transformed into the bad creditor's rights and losses of the bank, and the bank faces a large number of "bad debts", which can easily lead to the credit crisis or even bankruptcy of the bank.
Personal mortgage real estate loans and personal mortgage loans have the above contents. I hope everyone can understand the precautions of personal loans and important information such as risks, basic processes and conditions. We decided to apply for a mortgage loan, depending on some specific conditions, not to choose casually. In addition, no matter which mortgage method you choose, don't ignore the importance of repayment.
Mortgage risk
The risks of mortgage-to-mortgage loan are:
1, the process is too complicated. To apply for a mortgage loan, the borrower needs to have a company, and the company must be established for more than one year. If there is no company in this person's name, he will be transferred to another company. The process of the new company is very complicated, and the new company that may transfer ownership cannot meet the bank's audit standards.
2. The cost is relatively high. If the loan needs to be transferred to a new company, the transfer fee is not low, and the bookkeeping and address fees need to be paid every year. If the borrower doesn't know how to handle it, he has to find an intermediary to assist him, and he also needs to pay an intermediary fee.
3. Loan repayment risk. The repayment period of mortgage loan is about five years. If the policy of the midway bank changes, the borrower may be required to repay in advance, and if it is unable to repay, it will be overdue, which will have a great impact on personal credit.
The introduction of personal mortgage risks and the advantages and disadvantages of personal mortgage loans are over. I wonder if you have found the information you need?