1. Can a house with a loan be mortgaged again?
Bian Xiao's answer is yes. Needless to say, private lending institutions can also handle secondary mortgages, and banks can also handle this business. However, it is worth noting that not all banks accept housing in two mortgage. For example, Bank of China cancelled this loan business on 20 13. Details are as follows:
1, loan method
When handling real estate mortgage loans, we must first understand the ways of mortgage loans. There are two ways to handle the second mortgage of housing: the first way is to handle it directly at the original loan bank, but it must meet certain conditions, repay the loan principal and interest in full within a certain period of time and have a good credit record; The second is to find a formal guarantee company to pay off the loan, then go through the mortgage formalities, and then use the house as collateral for the loan.
2. Loan amount
If a house with outstanding loans is mortgaged, the loan amount may not be very high. The twice mortgage loan amount of the house is determined according to the residual value of the house, and the calculation method is loan amount = house value × mortgage rate-original loan principal balance. Among them, the value of the house is based on the lower of the original purchase price and the evaluation price at the time of secondary mortgage. In terms of mortgage rate, the maximum self-occupied property does not exceed 70%, while the maximum secondary loan for commercial housing does not exceed 50%.
3. Term of the loan
Due to the restriction that the loan has not been paid off, the term of the mortgage loan will also be limited. The loan term will be determined according to the specific purpose of the loan: for personal consumption loans, the term will not exceed 5 years; For personal business loans, the longest term shall not exceed 3 years, and the maturity date of the loan shall not exceed the maturity date of the first mortgage loan. The loan interest rate fluctuates on the basis of the commercial loan interest rate of the same grade stipulated by the People's Bank of China.
2. What is the process of refinancing a house with a loan?
1, through the bank.
According to the two ways of transferring mortgage loans, Bian Xiao suggests that you first find a bank that can handle the secondary mortgage and submit the loan application materials, and then you can handle the secondary mortgage formalities after the bank agrees. After the application is submitted and approved, the bank needs the lender to provide the information needed for the loan. After the data is approved, you can sign a second mortgage contract with the bank and go through the notarization procedures of the relevant contracts. After the formalities are completed, the bank will issue the loan to the provided bank card on the agreed date.
2. Through private lending institutions.
Another way is to find a lender in the Ming Dynasty. Under normal circumstances, private lending institutions will know whether they meet the conditions of secondary mortgage, understand the basic information of the house and check whether the house still has the value of secondary mortgage. After the inspection, the lender will discuss with the lender the plan of the second mortgage of the house, and determine the specific amount, interest rate, term, service fee, etc.
After consultation, both parties can sign a private secondary mortgage loan contract without objection. After the contract is signed, the staff of the lending institution will accompany you to the Housing Authority for the second mortgage registration. Don't forget to prepare relevant materials and originals. After the mortgage registration is completed, you need to go to the Housing Authority to get the certificate of other rights, and hand over the real estate license to the intermediary for safekeeping. After the formalities are completed, the lending institution will issue the loan to you on the agreed date.
The above is about whether a house with a loan can be mortgaged again. What is the process? A mortgaged house can also apply for a mortgage loan again, but certain conditions need to be met. Now many loan policies have changed, and the loan conditions and restrictions will also be affected by the policies. Therefore, friends who need this can go to relevant banks or institutions for consultation. In addition, the amount and conditions in the two mortgages are definitely more demanding than the one loan. I hope you can make this clear.