According to the regulations, if the borrower's property is in mortgage repayment, it cannot be used for mortgage loan before the loan is paid off.

When the borrower handles the loan business in mortgage to buy a house, the house has been mortgaged to the bank, and other rights of the house belong to the loan bank. Once the borrower is unable to repay the mortgage, the bank has the right to execute the house. Therefore, lending banks and other banks usually do not apply for remortgage loans for houses.

However, at present, some loan banks will launch special loan business such as "decoration loan" for mortgage customers, which is actually a comprehensive evaluation of the borrower's existing housing assets and repayment ability.

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Other lending institutions or private financial organizations can usually support housing two mortgage. These institutions will re-mortgage and foreclose houses that have applied for mortgage loans through guarantee companies or other organizations, and realize the second mortgage of houses after paying off the first loan.

Reminder: When making a second loan through lending institutions and non-governmental organizations, you must check the authenticity of the lending institutions to ensure the safety of transactions and avoid personal property losses.

Phoenix. com-Can I still apply for a mortgage loan for a house that is still owing on the loan?