Real estate can be used as a secondary mortgage.
Two mortgage prerequisites:
1. Collateral has secured amount. If the borrower's first mortgage loan amount has reached 70% and can only mortgage 30%, then it is naturally impossible to apply for two mortgage; If the borrower only borrows 30% of the initial mortgage amount and 60% to 70% can be mortgaged, he can usually apply for a second mortgage.
2. All procedures for the borrower to own the collateral. If the house is mortgaged, then the borrower must have the house property certificate. No real estate license can not be used as a secondary mortgage.
Can commercial housing be mortgaged?
Commercial housing can be used as a mortgage loan. Mortgage housing loan actually refers to the variety of commercial housing that customers already have that can be listed and circulated with mortgage bank loans.
Commercial housing mortgage loans need to meet certain conditions:
1, housing requirements
Housing property rights should be clear, meet the conditions for listing and trading stipulated by the state, and can enter the real estate market for trading without other mortgage; The age of the house (calculated from the date of completion of the house) and the loan period cannot exceed 40 years; Mortgaged houses are not included in the local urban reconstruction plan, and there are real estate licenses and land certificates issued by real estate departments and land management departments;
2. Lender's requirements
Have a legitimate occupation and a stable source of income, and have the ability to repay the principal and interest of the loan on time; No illegal acts and bad credit records; Being able to provide effective pledge guarantee of rights recognized by banks or legal and effective real estate as mortgage guarantee or a third-party guarantee with compensatory ability; Open a personal settlement account of China Industrial and Commercial Bank, and agree that the bank will deduct the loan principal and interest from its designated personal settlement account; Other conditions stipulated by the bank.
Extended data:
Four types of real estate can not apply for mortgage loans.
1. Property of outstanding loans
The real estate mortgaged by consumer loans must be the real estate without any mortgage or loan. If the property is mortgaged or the property is in a mortgaged state, the bank already owns other rights of the property, and the borrower mortgages the property again, the bank is not allowed. Because two banks can't own other rights of a property at the same time, borrowers can't apply for loans from banks with mortgage consumption.
2. Some public houses have been purchased.
There are two situations in which the purchased public houses cannot apply for mortgage consumer loans. One is the purchased public houses that can't provide the purchase contract or purchase agreement, because if there is a clause in the purchase contract that the original unit has the preemptive right, the bank can't obtain other rights, so the bank can't operate the mortgage consumption loan of the property. The other is the delivery that can't provide the listing certificate of the delivery in the purchased public housing, because this kind of real estate can't be listed and traded, so it can't run business.
3, less than five years of affordable housing
Relocation housing is a kind of government affordable housing, which is generally managed as affordable housing, or its housing nature belongs to affordable housing. According to the national policy, affordable housing with less than five years is not allowed to be listed and traded, nor can it apply for mortgage consumer loans.
4. Small property houses without real estate licenses.
For the real estate with small property rights, if the residents have not obtained the real estate license, only the right to use has no ownership, and the ownership certificate of the real estate has not been obtained, then such real estate can not be listed and traded, can not be mortgaged to the Construction Committee, and can not apply for mortgage consumer loans.