Recently, news of the "no-privileged house" has been on the Internet. Do you know what the difference is between it and the "no-room mortgage"? Let me elaborate。

What's the difference between non-privatization and non-privatization

First, let's start with the definitional differences. It means that if you can prove that you do not have a home in your name, you can do it in accordance with the first flat's loan. However, if you already have a flat in your name, regardless of the amount of your loan or whether it is repaid, it will be reviewed according to the criteria of the second flat。

In turn, the term “no house” is somewhat different. The rule here is that when you apply for a mortgage, the bank doesn't consider having a few suites in your house, but it looks at your loan record. If you repay the loan for the first flat, the refinancing will be approved in accordance with the first flat。

Now, look at the difference between two suites. "Recognition" means that if you have a flat in your family's name, it will be bought in accordance with the loan rate for the second flat. In contrast, the term “pricing or not taking home” means that if you have an outstanding mortgage on housing, it will be dealt with in a second set。

Finally, mention the focus of both policies. The value of the property and the viability of the collateral are more important than the "recognization of the house" and the personal credit and lending capacity of the purchaser is more favourable. Even if you have a credit problem, or if you have a poor repayment capacity, the bank may lend you a loan if you can provide sufficient collateral。

In contrast, “pricing or not” focuses on the borrower's personal credit and repayment capacity, with relative caution as to the value and collateral of the property. Banks may not be willing to lend you if you have a poor credit record or if you are not able to repay it。

These are some of the differences between `no-no-no-no-no-no-no-no' and `no-no-no-no-no-no-no-no-no-no-no-no-no-no-room', which hopefully will help you。