The commercial loan process of second-hand houses is somewhat different from that of new houses, because second-hand houses also involve real estate appraisal and transfer procedures, so they are slightly more complicated than new houses. The specific process is as follows:

1. The buyer and the seller sign a house purchase and sale agreement or a house purchase and sale contract; 2. Eligible buyers apply for loans from loan banks and provide relevant certification materials; 3. The buyer and the seller go to the appraisal institution designated (recognized) by the loan bank to conduct house appraisal; 4. The law firm authenticates, investigates and analyzes the borrower's credit certification materials and evaluation reports, and issues legal opinions; 5 after the approval of the loan bank, notify the loan applicant whether to agree to the loan; 6. The buyer and the seller go through the formalities of property right transfer, and after the transfer, the borrower goes to the bank to go through the loan formalities; 7. The purchaser signs a second-hand housing mortgage loan contract with the loan bank;

8. The buyer and the seller shall send the transferred house ownership certificate to the loan bank for mortgage registration; 9. After the loan contract comes into effect, the loan bank will transfer funds according to the loan contract; 10. The borrower pays off the loan principal and interest and cancels the mortgage guarantee.