At present, the so-called multiple loans generally only accept two mortgages, and there is generally no institution to handle the third mortgage. In the second mortgage, it is generally required that the first loan is a bank mortgage loan with a repayment period of at least half a year.

At present, the real estate market in two mortgage has become more popular, and a few banks and some lending institutions are handling it.

The amount of two mortgage loans:

Bank requirements

: The appraised real estate price minus 50% of the existing loan amount = the maximum loan amount (the loan amount must be above 500,000); The mortgage loan must be a mortgage loan; Bank interest:

Bank's second mortgage interest is generally around 6%~ 10% (suitable for long-term use); Lending institutions require:

The appraised price of real estate minus 65% of the existing loan amount = the maximum loan amount (the loan amount must be greater than 250,000); Lending institution interest:

The monthly interest rate of the second mortgage of the lending institution is generally around 0.88%- 1.5% (suitable for short-term emergency use); A few institutions are willing to make this mortgage, and even if there is, the interest is high.

Under what circumstances can I not apply for a second mortgage?

(1) The original real estate loan is a real estate mortgage loan, so it is impossible to apply for two mortgages (the first mortgage loan must be a mortgage loan);

(2) The repayment time of mortgage loan is less than 1 year, so it is impossible to apply for a second mortgage;

(3) The property has been hit by the highest creditor's rights of the bank, so it is impossible to apply for a second mortgage (the so-called highest creditor's rights means that when the bank registers the mortgage of the property, regardless of the loan amount, the bank has registered the creditor's rights according to the total price of real estate assessment to prevent the customer from re-mortgage);

(4) The mortgage loan contract states that it is not allowed to apply for a second mortgage, so it is impossible to apply for a second mortgage;

(5) The property owner is over 70 years old, or under 18 years old, and cannot apply for a second mortgage;

(6) The loan amount is less than 300,000, so it is impossible to apply for a second mortgage; (real estate assessment price minus 60% of the existing loan, the remaining amount must be greater than 300,000).

(7) If the house is over 25 years old or the area is less than 35 square meters, it is impossible to apply for a second mortgage;

(8) The property has been opened (two properties have been opened into one set), or it has been marked as illegal construction, so it is impossible to apply for a second mortgage;

Recommended reading:

Boring research: how do you deal with real estate in two mortgages (detailed article)

Boring research: can a house be refinanced with a mortgage?

Dull research: the current repayment methods of real estate mortgage loans and their advantages and disadvantages comparison

Second, only one house can be mortgaged. How can I get a mortgage on my house?

Before we know that there is only one house that can be mortgaged, let's first understand what mortgage is. Housing mortgage loan means that the borrower pays the principal and interest to the bank by stages with the real estate as collateral, but before paying off the principal and interest, he mortgages the bank with his property right certificate as collateral. If the buyer fails to repay the principal and interest within the time limit, the bank can sell the house to offset the arrears. So, only one house can be mortgaged? If you are still confused about this, you might as well go and learn about it with me!

Can I only mortgage one house?

It is understood that the bank said that the borrower has only one suite and does not accept mortgage loan business. Because the borrower has an extra house, when he is unable to repay the loan or refuses to repay the loan, the bank can ask to dispose of the property, but it is more troublesome and risky to dispose of it.

Of course, radical banks don't have that much concern. Even if the borrower only has one suite, it can be used for mortgage loan. Therefore, as long as there are borrowers in a suite, it is very important to choose a mortgage bank. It should be noted that borrowers with only one suite will have higher interest rates than borrowers with spare rooms.

How to apply for a loan with only one property?

Method one, housing mortgage loan

There is only one house, so use this suite as collateral to apply for a loan.

When applying for a loan, you need to have the mortgage qualification, the house age should not be too old, there is a certain value-added space or value-added guarantee, and the house is easy to get a loan. At the same time, the borrower should meet the loan requirements, have a certain income, have a good credit, and the debt situation should not be too bad.

Method two, automobile mortgage.

If there is only one suite, there is a car in its name, the amount required is not much, and the car has the conditions for mortgage loan, then the car can be used as a mortgage loan.

What needs to be understood is that there are auto financing companies, loan intermediaries and loan companies that can handle auto mortgages, but banks do not accept them.

What's the difference between mortgage and house mortgage?

1. Loans have different uses.

Mortgage loans are used to buy a house; Real estate mortgage loans are used for business operations.

2, the cost is different

Mortgage loan, also known as "personal housing loan", is a commercial loan. Mortgage loan refers to a loan issued by a borrower to a bank with collateral as a guarantee. The interest rate is based on the benchmark interest rate stipulated by the People's Bank of China. In the past, there was a discount for buying a house at the mortgage interest rate. Due to the current policy tightening, and the amount is not large, interest rates have risen instead of falling. But the floating property of mortgage loan is lower than that of mortgage loan.

3. The subjects of legal relationship are different.

In the mortgage relationship, if the debtor is the mortgagor, there are two subjects of legal relationship, namely the mortgagee and the mortgagor. In the mortgage relationship, there are at least three legal subjects, namely the mortgagor (bank), the mortgagor (buyer) and the third party (original house owner).

4. The loan interest rate is different.

The mortgage interest rate can be discounted, floating, or implemented at the benchmark interest rate; Real estate mortgage benchmark interest rate rises.

5. The loan term is different.

The term of mortgage loan is 30 years; The term of real estate mortgage loan is 10 year.

6. The required loan information is different

To apply for a mortgage loan, the borrower must provide a down payment certificate, a house purchase contract, etc. To apply for real estate mortgage loan, the borrower needs to provide real estate license, state-owned land certificate, loan use certificate, etc.

7. The degree of loan policy easing is different.

Real estate mortgage loan is more relaxed than mortgage loan policy.

8. The risk liability of the subject matter is different.

In the mortgage relationship, the risk of collateral is borne by the mortgagee or mortgagor. In building mortgage, the risk is borne by the developer. Legal differences.

9. Different purposes

The purpose of the mortgagor is to avoid risks and borrow as much money as possible. In order to protect the income as much as possible, in law and theory, the beneficiary of mortgage is the owner of the house, which enjoys more rights and interests than the mortgagee in law. However, the mortgagor's loan is used for other projects, including: personal purchase of other real estate, corporate mortgage housing loans, etc.

Editor's summary: The above can only mortgage one house. Take the knowledge about how to borrow a house mortgage, and hope to help friends in need! Please continue to pay attention to our website for more information, and more exciting content will be presented later.

Can I get a loan with my existing house as collateral?

Houses involving mortgages must be formal.

As long as you have a formal real estate license, you can go to the bank. The mortgage interest rate is the highest, so you can't use provident fund loans.

Mortgage loans also need to evaluate the house. According to the age (age, floor, decoration, living environment, area, etc.). ), the loan ratio is small. 90 years ago, it was generally 50% of the evaluation price. If you want to borrow more, you can entrust a local institution or intermediary that can make mortgage loans to help you, because they are familiar with the appraisal company and can borrow more.

Mortgage loans are also commercial loans, because housing provident fund loans must have a buying and selling relationship before they can be loaned, so repayment is not withdrawn.

You can consult your local bank for details!

Can I get a loan with my existing house as collateral?

Yes, as long as you have a real estate license.