With the implementation of the policy for house monetarization,the real-estate guaranty company develops quickly in our country.However,there exist many problems as it is a newly emerged thing in financial system of real estate.The problems are as follows: the estate security company is defined as a medium agency in legislature,which does not conform to its feature as financial business;the local restrictions will cause the decrease of credit,weakness in risk-taking capacity and supervision of the company.Such predicament hinders the development of the guaranty company seriously.In order to resolve these problems, the crucial way is to clarify the status of the guaranty company as a non-bank financial institution,and to set up a national guaranty company to offer official security to the people of low income and enhance internal and external supervision.Only through these steps can we realize the functions of the guaranty company for real estate and give full play of its potential function.