1, consumption
Personal housing mortgage loans can be used for various consumer purposes, such as decoration, going abroad, traveling, studying abroad, medical care and so on.
1) house decoration. In addition to buying a house, the subsequent renovation cost of the house also needs a lot of money. If the liquidity in hand is tight, you can apply for a mortgage loan through a free house to fill the renovation project cost.
2) Travel. Everyone has a dream of traveling around the world, but it can't be realized without financial support. At this time, personal property mortgage loan can effectively solve the cost problem.
3) Buy durable consumer goods. Such as furniture, electrical appliances, etc. Because such products cost a lot of money, there are not a few people who apply for real estate mortgage.
Step 2 buy a house
The most common use of personal housing mortgage is to buy a house. The individual mortgages the newly-built commercial housing or second-hand housing purchased to the bank, pays the down payment himself, and the rest is paid by the bank to the real estate agent on behalf of the individual, and then the individual returns the borrowed loan to the bank through mortgage. Personal mortgage loan is used to buy a house. As long as there are real estate mortgages and personal information, it is relatively difficult to obtain loans, so it is more likely to obtain loans from China Construction Bank.
Step 3 buy a car
Similar to buying a house, individuals can apply for loan support from China Construction Bank without buying a car in full. However, because the car will depreciate, they can't use the car they bought as collateral. They need to use their personal property as collateral and get loan support from China Construction Bank. Generally, the term of car loan is 5 years, and the loan from CCB is paid off in 5 years. The property mortgaged by individuals is still owned by individuals.
Step 4 run a business