Can Xi 'an mortgage house get a second mortgage?
Can a mortgaged house apply for a second mortgage? According to the current situation, we know that the house that is making mortgage repayment can apply for a second mortgage from the bank. When doing two mortgage, you need to pay attention to the following points:
1. In order to apply for the second mortgage, the borrower has obtained the house property certificate;
2. Usually, two mortgage loans can only be handled as mortgage loans in the same bank;
3. The year and area of building construction are within the regional service life meeting the requirements of the second mortgage of the bank;
Usually, the loan interest rate of two mortgages is the same as that of the first mortgage.
Therefore, the house under mortgage repayment can also apply for a second mortgage, but the repayment pressure of the borrower will be greater, so it is very necessary to make a repayment plan in advance.
What is the process of the second mortgage of Xi 'an mortgage house?
The process of mortgage housing is divided into two mortgage:
1. With the consent of the bank, the buyer and the seller conduct real estate transactions and sign a house purchase contract or letter of intent;
2. Apply for a loan from the bank and submit relevant materials;
3. After the bank conducts a credit investigation and review on the borrower, it shall notify the borrower of the review results. If the bank agrees to the loan, it will sign a contract with the borrower and guarantor, and sign a supplementary contract for housing mortgage loan with the seller, and the seller will pay off the difference between the loan amount and the loan principal and interest owed by the seller.
4. The borrower entrusts the bank to handle the formalities of real estate transaction transfer, mortgage registration and real estate insurance with the seller;
5. After obtaining the property right certificate of land and house, the bank will transfer the loan funds to the mortgage loan account and related accounts of the seller at the original loan outlets to repay the mortgage loan principal and interest owed by the seller, and then transfer the remaining funds to the account opened by the seller in the bank.
6. The borrower repays the loan on schedule.
The above are the answers to all the questions I found about whether Xi 'an mortgage house can be mortgaged twice and what is the process of Xi 'an mortgage house's second mortgage. I hope everyone is satisfied with my answer, and I hope I can answer the questions that plague many friends to buy mortgage houses. I hope you can get some inspiration from what I have compiled, which will be helpful to your purchase experience. If in doubt, I suggest you go to relevant institutions for consultation.