Mortgage Loan Contract
Contract No.（合同编号）: _________________________
Place of Signing（签订地点）: ______________________
Date of Signing（签订日期）: ____ Year __ Month __ Day
Article 1 – Parties to the Contract
Party A (Lender / 贷款人): ___________________________
Unified Social Credit Code / Business License No.: _______________________
Registered Address: _________________________________
Contact Information: _________________________________
Party B (Borrower / 借款人): ___________________________
ID Card / Passport No.: _______________________
Contact Address: _________________________________
Contact Information: _________________________________
Article 2 – Collateral Information
- Name and Project of the Mortgaged Property: _________________________
- Location of the Property: _________________________
- Building Area: ______ square meters
- Property Type: □ Residential □ Apartment □ Villa □ Commercial □ Other ________
- Property Ownership Certificate No.: _________________________
- Land Use Rights Type and Duration: _________________________
- Current Condition and Renovation Status of the Property: _________________________
Article 3 – Loan Amount and Interest Rate
- Loan Amount: RMB ______ (or USD ______).
- Loan Interest Rate: ______% per annum (Fixed Rate / Floating Rate).
- Loan Term: ______ years / months, from ____ Year __ Month __ Day to ____ Year __ Month __ Day.
Article 4 – Loan Disbursement and Purpose
- Loan Disbursement: Party A shall transfer the loan amount directly to the account designated by Party B.
- Loan Purpose: Party B shall use the loan for lawful purposes only and shall not divert it for other uses.
- Party B shall provide evidence and relevant documents regarding the loan use (e.g., purchase contract, renovation contract).
Article 5 – Mortgage Registration and Rights & Obligations
- Party B agrees to use the above property as collateral and shall register the mortgage with the local property authority.
- During the mortgage period, Party B shall not transfer, lease, or further mortgage the property, nor change its purpose without Party A’s written consent.
- Costs for mortgage registration and related taxes shall be borne by Party B; Party A shall assist with the procedures.
Article 6 – Repayment Method
- Party B shall repay the loan principal and interest in the following manner: □ Equal Principal & Interest □ Equal Principal □ Lump-sum repayment □ Other ________
- Repayment Date: on the ____ day of each month (or as agreed by both parties).
- Party B shall repay principal and interest on time. Late repayment shall incur a penalty of ______% of the overdue amount.
Article 7 – Early Repayment and Default
- Party B may repay the loan early with prior notice to Party A. Party A has the right to charge an early repayment fee of ______ (amount / %) as stipulated in the contract.
- In case of late repayment or violation of mortgage terms, Party A is entitled to:
- Charge overdue penalties;
- Apply for judicial procedures to dispose of the mortgaged property to cover loan principal, interest, and related costs.
- In case of force majeure preventing timely repayment, both parties shall negotiate a revised repayment plan.
Article 8 – Dispute Resolution
- This contract is governed by the laws of the place of signing.
- Any dispute arising during performance shall first be resolved through negotiation; if unsuccessful, the dispute may be submitted to the local arbitration institution or court.
Article 9 – Other Provisions
- Matters not covered by this contract shall be agreed upon in a written supplementary agreement, which has the same legal effect as this contract.
- This contract is made in two copies, each party holding one, and takes effect upon signing and sealing.
- Both parties confirm that electronic signatures or paper signatures are valid.
Signatures
Party A (Lender / 贷款人): ___________________ (Seal)
Date: ____ Year __ Month __ Day
Party B (Borrower / 借款人): ___________________ (Signature)
Date: ____ Year __ Month __ Day