Can the house be mortgaged twice?
Some houses with loans can also be mortgaged, but houses with secondary mortgages need to meet certain conditions before they can apply for loans:
1, used for secondary mortgage housing, which should be high-quality housing and commercial housing with great market development potential;
2. The house used for personal housing in the second mortgage must be an existing house;
3. The house is a first-hand house purchased with a mortgage loan from China Bank;
4. The house has a superior location, complete facilities and great appreciation potential.
What are the procedures for the second mortgage of the house?
1, through the bank.
First, you need to submit two mortgage applications to the loan bank. You can only go through the secondary mortgage formalities after the bank agrees. After the application is approved, you need to submit the information needed for the loan to the bank, and the bank will review your information and tell you the result after the review. After approval, it is necessary to sign a second mortgage contract with the bank and go through the notarization procedures of the loan contract. After the formalities are completed, the bank will lend you money on the specified date.
2, through private lending institutions.
With the consent of the bank, the lending institution will know your personal information, see if you meet the requirements of the second mortgage, and know the basic information of the house. Lending institutions will conduct on-the-spot inspections of houses to check their location, facilities, environment and area, and see if they have the value of secondary mortgage. After the inspection, the lending institution will discuss the second mortgage scheme of the property with you.
After consultation, both parties can sign a loan contract with private secondary mortgage. 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. After completing the second mortgage registration, you need to go to the Housing Authority to get his right certificate 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 article has given you a detailed analysis of all the contents about whether the house can be mortgaged twice and what procedures are needed for the second mortgage of the house, hoping to help friends in need. The house can be mortgaged for the second time, but certain conditions need to be met. The conditions have been listed with you.