You can apply for a loan, but you need certain conditions: the first loan has not been paid off, and there is no overdue record before you can apply for a second loan; Secondly, when applying for a loan, you need to provide basic information proof and income proof for the first loan repayment. If qualified, you can make a second loan; Finally, the bank will issue loans after approval.

Users applying for loans from banks mainly depend on the applicant's current repayment ability and credit history. If the applicant has a good credit record and sufficient repayment ability, he can successfully apply for a loan in the bank.

In addition to the above conditions, if the personal mortgage is not paid off and the bank applies for a loan again, the bank will look at the individual's repayment ability according to the current user's income and monthly mortgage payment.

The consequences of not repaying the mortgage on time are as follows:

1, the credit record left a "stain"

No matter what kind of loan, as long as the borrower has overdue records, it will generally be reflected in the credit report and will have an impact on the borrower's next loan.

2. Generate penalty interest

For borrowers who fail to repay the mortgage on time, the bank will impose penalty interest on them, and will gradually increase the penalty interest with the extension of overdue time.

3. The property was auctioned.

If the borrower is overdue for many times and remains indifferent despite repeated reminders from the bank, the bank will freeze the mortgaged house and auction the house in accordance with relevant regulations, and the proceeds will be used to repay the loan principal and interest first. If the proceeds are not enough to repay the principal and interest of the loan, the bank will take other measures to collect it until all the loans are recovered.