The loan house can be mortgaged twice, but it must meet the loan conditions of the bank. For example, the applicant can provide half a year's bank flow. In addition, the procedures for applying for a second mortgage are relatively more complicated, and the amount obtained is lower, usually not exceeding 70% of the assessed value.
At the same time, the following conditions must be met: first, the holder of the collateral is the applicant himself; Second, it can be recycled by banks or mortgaged; Third, the applicant has no overdue records in the last year and his personal credit information is good. Two mortgages need the same materials as the first loan, but the order of mortgage registration is different.
The value of real estate is the first and second real estate appraisal value with the lowest value at the time of purchase, in which the highest amount of ordinary housing mortgaged twice is 70% of the appraisal value, while the highest amount of commercial housing mortgaged twice accounts for 50% of the appraisal value.
Although there is no requirement to notify the bank of the previous mortgage when applying for the second mortgage, the bank should notify it when applying for the second mortgage. If it is stipulated in the previous mortgage loan contract, it is necessary to inform the bank that mortgaged the property for the first time and implement it according to the relevant agreement.
However, at present, many financial institutions no longer accept the business of secondary mortgage, so they should pay more attention to avoid illegal acts. Therefore, many people will choose to pay off their previous mortgages, apply for cancellation of mortgages, and re-apply for mortgage loans, so that the amount obtained is relatively high and it is easy to pass the approval of banks.
In addition, many people will choose a guarantee company to pay off the remaining mortgage, but it will cost a lot of money. And choosing a company is also very important. You can't trust the mortgage company on the road, try to choose a formal company.
I hope the above answers are helpful to you.