The two mortgage conditions of mortgage are as follows:

1. The house used for secondary mortgage must be an existing house.

2. The registration of real estate mortgage has been completed, and the handling bank is a housing mortgage loan.

The house has been insured, and the original policy is managed by the bank.

4. The loan balance of the second mortgage amount of the property is lower than 70% of the current house price.

5. The borrower has full capacity for civil conduct, stable income and good credit.

6. The property should be a commercial and residential building with large market development space.

Treatment method:

First, directly in the original loan bank, but must repay the loan principal and interest in full and on time within a certain period of time, and have a good credit record;

Second, the formal guarantee company advances funds to settle the loan, then goes through the mortgage cancellation procedures, and then uses the house as the mortgage to handle the loan; The advance payment of the guarantee company is not taken for nothing. How long will it take? Will pay a certain fee to the guarantee company according to the monthly interest of the guarantee company.

Normal secondary mortgage is basically these two ways, and some financial institutions also have related businesses. In the final analysis, it is also these two ways.

Second, what are the conditions for the second mortgage of the house?

Housing secondary mortgage needs to meet the following conditions:

1. You can apply for a house by mortgage twice. Generally speaking, you should have a better geographical location and better surrounding facilities.

2. The house that can be mortgaged twice must be an existing house, not an auction house.

3. The borrower's credit of the second loan has a serious overdue record.

4. The borrower of the second loan must have a stable income and can guarantee to repay the new loan on time on the premise of returning the existing loan.

Under normal circumstances, only one bank can handle the banking business of two mortgages.

6. Sometimes, banks will provide insurance.

7. When handling a second mortgage, it is often necessary that the first loan has been repaid on time for a certain number of years, such as the needs of China Bank.

mortgage risk

1, it will be dangerous to mortgage the house. Some people have insufficient repayment ability. Although they want to repay, they have no funds and can pay off your loan.

2, there will be liquidity risk, that is to say, short-term deposits and long-term loans, but it is difficult to realize them in the end.

3. There is interest rate risk. If the bank's interest rate changes, it will also bring certain risks to the bank's assets. At the same time, the longer the loan time, the greater its impact, which in turn increases the risk of default.

3. What are the requirements for housing in two mortgage?

The house used for mortgage must meet the following conditions at the same time: 1. The houses used for secondary mortgage should be high-quality houses and commercial houses with great market development potential; 2. The house used for personal housing in the second mortgage must be an existing house; 3. The house is a first-hand house purchased with a mortgage loan from China Bank; 4. The mortgage registration of the house has been completed, and our bank is the mortgagee of the house; 5. The house has been insured, and the original policy is managed by China Bank; 6. The house has excellent location, convenient transportation, complete facilities and great appreciation potential.