To mortgage a loan requires a process:

The first step: the two parties to the transaction reach a sales image, and the two parties sign a sales contract.

Step 2: Submit the application.

Step 3: Obtain the written consent of the seller's original loan bank for remortgage.

Step 4: Evaluate the transaction attributes.

Step 5: The buyer pays the down payment.

Step 6: See a lawyer, review the qualification of the lender, and receive all the documents and materials of the lender.

Step 7: After the current loan bank is approved, the loan will be issued.

Step 8: The seller goes to the original loan bank to cancel the mortgage and get back the real estate license.

Step 9: The buyer and the seller go to the real estate bureau in the district where the real estate is located to handle the transfer, and the buyer obtains a new real estate license.

Step 10: Complete the refinancing operation.

Ordinary second-hand housing mortgage loans, banks generally pay the buyer's purchase price to the seller after the property has been transferred. However, in the case of re-mortgage, because the seller's house is still in the mortgage period, the second mortgage cannot be carried out, and the second loan needs to be issued to pay off the seller's first loan. Only after the mortgage is lifted and the property right certificate is obtained can the house property right be transferred.