Employee housing mortgage loan contract sample
At present, Party A borrows RMB (uppercase) yuan from Party B for the purchase and construction of self-use housing. The selling unit is (specify the full name of the selling unit). To safeguard the interests of both parties, this contract is established by the “Regulations on Loan Contracts” issued by the State Council, and the following terms are jointly abided by.
1. Both Party A and Party B shall abide by the provisions of the Measures for Employee Housing Mortgage Loans and its supplementary regulations and detailed implementation rules.
2. The loan provided by Party B to Party A can only be used by Party A for the purchase, construction, and renovation of self-use housing, and shall not be used for other purposes.
3. Party A’s loan shall be transferred by Party B to the deposit account opened by the selling unit or the construction unit (when the house is renovated) by Party B.
4. Party A uses (name of collateral) to Party B as collateral for the loan (the detailed list of collateral is attached). The present value of the collateral is 10,000 yuan, which guarantees the repayment of the 10,000-yuan loan.
5. The loan term is in years, that is, from the date of the year to the date of the month of the year. The loan interest rate is ‰ per month.
6. The principal and interest shall be repaid every month by adopting the principal method. Party A must repay the loan to Party B before each month.
7. If the state adjusts the deposit and loan interest rates uniformly, the loan interest rate shall be adjusted according to the relevant state regulations, and the monthly principal and interest repayment amount shall be re-determined accordingly.
8. During the loan period, if Party A fails to repay the principal and interest of the loan within the time stipulated in this contract, if it is within one month of overdue, it shall repay the principal and interest of the loan in the next month. Second-rate. If the overdue is overdue for more than one month or more than two times in one year, Party B has the right to charge Party A a penalty interest of 3/10,000 of the overdue amount every day according to the overdue days.
9. In any of the following situations, Party B has the right to deal with the collateral. After the proceeds from the disposal of the mortgaged property are deducted from the principal and interest of the loan owed by Party A to Party B and various expenses caused by the processing of the mortgaged property, the remainder shall be returned to Party A, and Party A shall be required to move out of the house used for a mortgage on schedule. The unit is responsible for unconditional repayment within three months.
1. Party A fails to repay the loan principal and interest on schedule within six months of the loan period or fails to repay all the loan principal and interest within six months after the loan expires;
2. Party A dies or is declared missing or emigrated during the validity period of the contract, and its legal successor refuses to continue to perform the obligation of Party A to repay the principal and interest of the loan or is unable to continue to perform the obligation of repaying the principal and interest of the loan;
3. Party A violates any terms stipulated in this contract.
10. The repayment guarantor (Party A’s unit) should actively assist Party B to urge Party A to repay the loan principal and interest on schedule. When Party A fails to repay the loan principal and interest on time and the mortgage cannot be performed, the repayment guarantor must unconditionally be responsible for repaying the loan principal and interest owed by Party A to Party B. The repayment guarantor shall repay the loan principal and interest unconditionally within three months after receiving the notice from Party B requesting it to repay the loan principal and interest on behalf of Party A. If it is not returned after three months, Party B shall have the right to deduct from the housing fund depositor or other depositor opened by it in the bank.
11. Before Party A has paid off all the principal and interest of the loan, Party A shall transfer all the rights and interests of the mortgaged property to Party B, and shall not do anything to the mortgaged property that is detrimental to the interests of Party B.
12. Party A is required to insure the mortgaged property, and the insurance policy shall be handed over to Party B for safekeeping. If the mortgaged property is accidentally damaged, Party A shall be responsible for immediately notifying the insurance company and Party B. The compensation from the insurance company shall first be used to repay the principal and interest of the loan. If the insurance compensation is not enough to repay the principal and interest of the loan, Party A is still responsible for the repayment of the insufficient part.
13. Party B shall handle the loan by the contract. If Party B’s reasons affect Party A’s use of the loan, Party B shall pay Party A a penalty equal to 3/10,000 of the affected amount every day according to the affected amount and the number of days.
14. If either Party A or Party B fails to perform the terms of this contract, both parties have the right to execute by Article 158 of the Civil Procedure Law.
15. The original of this contract and the duplicate copies shall be stamped by both parties A and B and the repayment guarantor (Party A’s unit), signed by the legal representative and notarized by a notary office, and will take effect until Party A repays all the principal and interest of the loan to Party B. Expires from date.
