Risk And Prevention Of Personal Mortgage Loan Process In China

With the constant growth of China's real estate market, personal mortgage loan has become one of the most important personal loans in our daily life. For further development of personal mortgage loan business, the primary problem that Chinese commercial banks confront is to fully understand its current situation in China and explore future development strategy on the basis of controlling and managing risks.This paper studies the current situation and the modes of operation process of personal mortgage loan business in China, analyzes all links and parties concerned in the procedures and then exposes the risks that might brought about. The paper analyzes the Operating procedures and risks of personal brand- new mortgage loan and second-hand mortgage loan, points out that straight-back personal mortgage loan is good for smoothing the relation between loaning and borrowing, and the character of the agency in the procedures also can't be neglected. Strict management with the agency and well-constructed credit system will help risk control and further development of personal mortgage loan business.