Tell you clearly that you can. You can use the purchased property as collateral, which is a mortgage loan; Other houses can also be used as mortgage loans, but the premise is that the mortgaged houses can be mortgaged, that is, the houses that need to be mortgaged by the loan bank can be used as collateral for loans.

Some banks stipulate that after your house is mortgaged, you can only buy a car, decorate it and then let your children go abroad. You are not allowed to buy a house, but some banks still allow you to do so. You can apply for a provident fund loan as a mortgage loan, which is considered as the second home loan.

Generally speaking, the loan is like this, that is, you hand over the property to an appraisal company for appraisal. For example, the market value of your property is 600,000, and he thinks it is 500,000 after the evaluation. He lends at 50% of the evaluation value, which means he can lend 250,000. Some banks require that your longest repayment period is 10 years, and some banks can do it for 30 years, but don't expect too much.

You may encounter the following problems:

1. When applying for a second home loan while the first home loan has not been settled, the bank will strengthen risk control, so the bank may not significantly reduce the down payment ratio and interest rate.

If you want to buy a second suite and pay off the first home loan, then ask for it. The relevant person in charge of the personal loan department of a bank said that if the mortgage is required according to the specifications of the second suite, because the loan interest rate of the second home loan is relatively high, not only more down payment but also more loan interest needs to be paid. "Citizens with improved housing needs can settle and sell the first home loan, and then come to the bank to apply for a mortgage loan."