The property included in the mortgage does not qualify for the mortgage loan. This is because the borrower has used the property as collateral when purchasing the property and applied for a mortgage loan from the bank. The mortgage registration cannot be canceled until the loan is repaid, and the ownership of the property belongs to the lender, not the homeowner. Therefore, generally speaking, properties under mortgage cannot apply for small loans.
Article 49 of the Contract Law: If the actor has no power of agency, exceeds the power of agency or concludes a contract in the n