The use of funds is limited to the purchase of new houses and family consumption, that is, "the houses purchased by the original mortgage can be mortgaged to obtain new loans after the repayment reaches a certain amount".

Mortgage refinancing

Sub-mortgage is a personal housing mortgage loan. Personal housing mortgage refers to the borrower who has applied for personal housing loan in the bank, and applies for personal housing loan by asking the original lending bank to extend the loan period or selling or transferring the personal housing mortgaged to the bank to change the loan period, the borrower or the mortgage to a third person.

Mortgage loan.