Welcome to my “Better commercial real estate mortgage”.
Charge the loan bank as a repayment of the loan to perform the guarantee.
The borrower to fulfill the debt, pay off the principal and interest, and then re-take back property ownership. Generally referred to as the property owner of the transferor for the mortgage, the transferee for the mortgage beneficiaries. It can be seen that in the process of mortgage loans, the mortgage beneficiaries have been transferred to become property owners, the basic characteristics of the mortgage is the transfer of ownership.
Real estate mortgage loans, refer to the mortgagor with its legitimate real estate in the form of an - transfer to the mortgagee to provide debt to perform the guarantee. That is, the mortgage is not transferred to the premise of ownership, the mortgagee in the mortgage real estate on the mortgage as a restricted property. The debtor in this act is the mortgagor and the creditor is the mortgagee. Once the debtor to fulfill the debt, pay off the principal and interest, the owner to obtain complete property rights.
The borrower to fulfill the debt, pay off the principal and interest, and then re-take back property ownership. Generally referred to as the property owner of the transferor for the mortgage, the transferee for the mortgage beneficiaries. It can be seen that in the process of mortgage loans, the mortgage beneficiaries have been transferred to become property owners, the basic characteristics of the mortgage is the transfer of ownership.
Real estate mortgage loans, refer to the mortgagor with its legitimate real estate in the form of an - transfer to the mortgagee to provide debt to perform the guarantee. That is, the mortgage is not transferred to the premise of ownership, the mortgagee in the mortgage real estate on the mortgage as a restricted property. The debtor in this act is the mortgagor and the creditor is the mortgagee. Once the debtor to fulfill the debt, pay off the principal and interest, the owner to obtain complete property rights.
1, you now no room, want to buy a house, cannot afford to pay a one-time payment, then you can pay part of their own, and then purchase the property as collateral to the bank to apply for loans to pay the rest of the principal, then this part Loans are commonly referred to as mortgage loans, professional terms called housing commercial loans, pure provident fund loans, and portfolio loans, the current interest rate is to enjoy a certain discount. Such as the benchmark interest rate (5.94%) on the basis of a Qizhe, that 4.158%.
2, if you now have a suite on hand, no search for a loan, but you are very short of money so you can put your existing property on hand to the bank, the bank will revalue, and then click the ratio of loans to you. Like this kind of loan is generally to explain the use, for example, for the production and operation, decoration, not properly used as a bank will not accept. This type of loan can be called a mortgage loan, the interest rate of the loan is higher than the previous one, at least the benchmark interest rate, the strict point may also float 10% range.
2, if you now have a suite on hand, no search for a loan, but you are very short of money so you can put your existing property on hand to the bank, the bank will revalue, and then click the ratio of loans to you. Like this kind of loan is generally to explain the use, for example, for the production and operation, decoration, not properly used as a bank will not accept. This type of loan can be called a mortgage loan, the interest rate of the loan is higher than the previous one, at least the benchmark interest rate, the strict point may also float 10% range.
1, you can pay part of their own, and then purchase the property as collateral to the bank to apply for the loan to pay the one rest of the principal, then this part interest rate is to enjoy a certain discount. Such as the benchmark interest rate ( 5.94%) on the basis of a Qizhe, that 4.158%.
2, if you now have a suite on hand, no search for a loan, but you are very short of money, so you can put your existing property on hand to the bank, the bank will revalue, and then click the ratio of to this kind of loan is generally to explain the use, for example, for the production and operation, decoration, not properly used as a bank will not accept. This type of loan can be called a mortgage loan, the interest rate of the loan is higher than the previous one, at least the benchmark interest rate, the strict point may also float 10% range.
2, if you now have a suite on hand, no search for a loan, but you are very short of money, so you can put your existing property on hand to the bank, the bank will revalue, and then click the ratio of to this kind of loan is generally to explain the use, for example, for the production and operation, decoration, not properly used as a bank will not accept. This type of loan can be called a mortgage loan, the interest rate of the loan is higher than the previous one, at least the benchmark interest rate, the strict point may also float 10% range.
Mortgage and house loans are not the same as interest rates on mortgage banks, and mortgage rates are floating on the basis of benchmark interest rates. Compared to the latter, the latter is more cost-effective, low-interest rates, less interest paid.
Housing mortgage loans refer to the individual purchase of real estate with housing ownership certificate, can be traded in the market of housing or commercial housing, they pay a certain percentage of the first payment, the rest of the property to be purchased as collateral, to the cooperation agencies to apply for the loan.
Housing mortgage loans refer to the individual purchase of real estate with housing ownership certificate, can be traded in the market of housing or commercial housing, they pay a certain percentage of the first payment, the rest of the property to be purchased as collateral, to the cooperation agencies to apply for the loan.
Bank loan interest rate latest in 2015 _ bank deposit interest rate _ benchmark interest rate _ mortgage ...
The first loan interest rate, the mortgage interest rate, the mortgage interest rate, the mortgage interest rate, the mortgage interest rate, the mortgage interest rate, the mortgage interest rate, the mortgage interest rate, the mortgage interest rate, the mortgage interest rate, the mortgage interest rate, the mortgage interest rate,
The first loan interest rate, the mortgage interest rate, the mortgage interest rate, the mortgage interest rate, the mortgage interest rate, the mortgage interest rate, the mortgage interest rate, the mortgage interest rate, the mortgage interest rate, the mortgage interest rate, the mortgage interest rate, the mortgage interest rate,
Commercial Mortgage Backed Securities (CMBS) is a kind of mortgage-backed securities (English: Mortgage Backed Security, MBS), which supports commercial real estate mortgages rather than residential mortgages The Due to the unique attributes of commercial real estate, CMBS is more complex and more volatile than RMBS (English: Residential mortgage-backed security, that is, residential real estate mortgage-backed securities).
CMBS structure is usually embodied in multiple credit sub-file (English: Tranche, in order to distinguish with the credit rating (English: Credit Rating), where the use of "sub-file translation"), which with the security mortgage Collateralized Mortgage Obligations (CMOs) are similar, but with the typical residential real estate "hand securities" is different. The typical form of commercial real estate loan securitization is Real Estate Mortgage Investment Conduit (REMIC); the corresponding tax laws provide that such trusts may appear in the form of a resort and do not need to be in the form of a trust fund Level to fulfill tax liability.
Compared to other housing mortgage-backed securities (MBS), many US CMBs have to bear less prepayment risk, which is determined by the structure of commercial real estate mortgages. Commercial real estate mortgages usually include "lockout provisions"; and after the lock-up period, there are still such as defeasance, yield maintenance, and prepayment penalties And other content to protect the securities holders. European CMBS to avoid the risk of early to avoid the protection is generally not so much. Interest on bonds may be based on fixed interest rates, or for floating rates (such as an increase in interest on LIBOR or EURIBOR). The following is a descriptive essay on CMBS, the CMBS Borrower's Guide published by the Commercial Mortgage Securities Association and the Mortgage Banker's Association:
Commercial real estate primary loans can be broadly divided into two categories: securitized loans (ie "CMBS" loans) and investment loans (portfolio loans). The investment loan is issued by the lender and has been reflected on its balance sheet until the loan expires.
In a CMBS deal, many single loans were injected into a mortgage pool. The amount of these loans is different, involving different types of real estate, real estate location is also different. And the mortgage pool is transferred to the trust, issued by the trust of the number of income, duration and payment priority is not the same securities. (AAA / Aaa to BBB- / Baa3) to non-investable (BB + / Ba1 to B- / B3), and all of the securities will be rated by the credit rating agencies that are widely recognized. Subordinate to a lower level of securities products is all identified as "unrated class (unrated class)".
Investors determine which CMBS securities to purchase based on their respective acceptable credit risks, benefits, and duration. Every month, investors will receive interest on the mortgage pool. The interest is paid to the investor who holds the highest level of securities, and all the interest accrued at this level is paid and then paid to the investor holding the subordinated securities, and so on. The principal amount received in each installment of the mortgage is also paid to the investor in accordance with this principle.
This structure, which is paid from high to low, is commonly referred to as "waterfall". If the borrower has a shortage of funds at the time of the reimbursement, or if the loan collateral is liquidated, it is not sufficient to pay the corresponding all-level securities, and the investor at the bottom will bear the brunt of the loss, and if there is still a further loss, Sub-low-level investors to bear, and then follow the reverse order of grading step by step.
The typical structure of securitized commercial real estate mortgages is the real estate mortgage investment channel trust (English: Real Estate Mortgage Investment Conduit, REMIC). The corresponding tax laws provide that such trusts may appear in the form of a resort and do not require tax liability at the level of the trust fund. They have a "do not bear the tax liability for such business activities," such a premise and CMBS transaction construction and pricing is the premise of this assumption. Therefore, it is essential to follow REMIC's relevant laws. CMBS is an attractive source of funding for commercial mortgage lending because the value of securities backed by mortgages is usually higher than the sum of these loans. CMBS has better liquidity, better structure, which will attract a wider range of investors to the commercial mortgage market. The effect of such a value creation makes the securitization of the loan more expensive, which makes the borrower benefit.
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