1, saving interest and reducing unnecessary expenses:

Replacing the original high-interest loan with a new low-interest loan by loan replacement can effectively reduce the interest on the expenses you owe;

2. Reduce the monthly payment and current economic pressure;

Under normal circumstances, we mainly choose two repayment methods for real estate mortgage loans: equal principal and interest and average capital. When we switch to mortgage loans, we have more repayment methods: interest priority, equal principal and interest, etc.

In this way, by changing the repayment method, the pressure of monthly repayment can be alleviated to some extent;

3. More credit lines can be released to obtain liquidity:

For example, the real estate in the core area of Wuhan is one of the relatively safe investment methods. In the early days, the real estate prices in some core areas purchased in Wuhan almost rose or rose steadily. Lend out the value-added part of the property through refinancing replacement, so that you can get the reserve fund with ultra-low interest.

For example, the property purchased in Wuhan before 16, the original value 1 10,000, and the current market value10.8 million. This time, according to the current market value and policy, 800,000 yuan of value-added funds can be released through loan replacement, which is a very good financing method for some business owners;

4, debt restructuring, optimizing personal credit and qualification:

If there are many loans of different nature under the current name, such as mortgage, car loan, credit card, small loan, online loan, etc. We will convert all these liabilities into low-interest mortgage loans by means of "loan replacement";

(1) The repayment status of previous loans is: mortgage+car loan+micro loan+credit card+online loan, etc.

⑵ After transferring the loan through debt restructuring: the loan only needs to be repaid once a month, and the repayment is clear and controllable;

This is more conducive to planning the liabilities in our own name, solving the problem that "multi-head lending" and "high-interest loans" affect our personal credit reporting debt ratio and loan quantity, thus optimizing our personal credit reporting data. This is the charm of debt optimization and debt restructuring, which can really help us reduce the monthly repayment expenditure ~

1. Business license:

Different banks have different requirements on the registration time of business license, whether there is actual operation and whether there is running water. If you are applying for a friend of an effective company with a business license, you need to be cautious just for loan and replacement. Registration/cancellation/bad debts/annual review, etc. , all need cost;

Xiao Wei suggested that it is ok to register as a self-employed. It's not too complicated. You need to know which bank meets your requirements. Basically, all the banks that meet the requirements are commercial loans.

2. Capital cost:

In the process of "loan replacement", the final payment of the last bank needs to be settled first. The funds for the settlement of the balance can be our own funds or bridge funds, and the cost of funds needs to be considered, generally around 1000 yuan, depending on the current market situation;

3. The repayment pressure of due loans is high;

Operating mortgage loans have the problem of withdrawing funds at maturity. Due to the different products of banks, some need to pay back the capital every year, and some need to pay back the capital in three to five years.

If you don't get the funds back in time, there will be situations where you need to advance the funds to the capital. This is the cost, and sometimes you can't even pass the audit after returning to the capital. It all depends on your current qualifications and which bank product you can become;

4. The risk of being loaned:

If the financing money is used to buy real estate or other illegal funds, once it is discovered by the supervision, it will be loaned by the bank;

If your business license is cancelled, or there is something wrong with your credit information, you may also be loaned by the bank;

5. Risk of loan extension:

Compared with mortgage loan, the term of mortgage loan is generally shorter: 3 years, 5 years, 10 years. If the bank does not renew the loan after the expiration, you will face great repayment pressure, so you should arrange the plan in advance;

6, the process is relatively cumbersome:

Because mortgage loan involves two major links: clearing mortgage and handling mortgage loan, it usually takes a long time to approve the loan, such as reviewing materials, interviewing, registering accounts, field visits, mortgage notarization, etc., which takes about 15~20 working days. Of course, if customers are highly cooperative, the approval time will be greatly shortened.