According to Fatu. com, the mortgage of real estate may be several thousand yuan or tens of thousands of yuan. The specific loan amount depends on the housing value assessment, which is lower than the housing market price. Generally speaking, the appraised value of a house is influenced by its service time, market value, location, property type and liquidity. And the mortgage loan ratio does not exceed 70% of the assessed value of the house.
Using the house as collateral, or using other property as collateral, can improve the probability of obtaining loans, and may also increase the amount of loans. Once the loan is successful, the mortgagor needs to fulfill the obligation to repay the bank on schedule. If the mortgagor fails to repay the mortgage within the time limit, the mortgaged property may be auctioned by the court.