Apply for remortgage. The borrower can apply to the bank for re-mortgage, sell the house to a third person, and the buyer will continue to repay the mortgage. Borrow money to repay. Borrowers can borrow money from family members and relatives to pay off their mortgages, and then they can buy and sell freely. After selling the house, they can return the borrowed money.
Usually, the process of buying a house by mortgage loan is: customers provide their own ID cards and household registration books. Asset certificate issued by the bank, real estate mortgage, credit report issued by both husband and wife, and the buyer and seller sign a sales contract to apply for a loan from the mortgage bank. The bank carries out the examination and approval, and goes through the transfer formalities.