The mortgaged house can be mortgaged to the bank for a second loan. In the second mortgage, there are not many loan institutions and banks to choose from, so which one to choose for real estate has become a headache for many customers, because it is very important to consider security, interest rate, quota and loan. The speed difference between different banks and institutions may be about 1 month. Then, which bank is good for the second mortgage of real estate? Which bank has the lowest interest rate for the second mortgage?

Comparative application conditions

Different banks have different conditions to apply for the second mortgage of real estate, such as credit status, personal income, work unit and repayment ability. When a loan company applies for a second mortgage of real estate, it mainly depends on whether the real estate value is high or not and whether it has liquidity. Credit status is good or bad. Borrowers with debts can generally borrow from banks or loan companies as long as they can provide qualified real estate for secondary mortgage.

Comparative loan interest rate

Compared with credit loans, the risk of secondary mortgage of real estate is lower, because there is real estate as a guarantee for bank loans. But at present, the interest rates of two mortgage products of different banks are different, and the loan interest rates of the same bank in different regions will be different.

At present, the second mortgage interest rate of bank real estate is floating on the basis of the benchmark interest rate. 20 17 The benchmark annual interest rate of banks is within one year (including one year), 4.35%, 4.75% for one year to five years (including five years) and 4.90% for more than five years. You can refer to it

Compare approval speed

There are many procedures for real estate in two mortgage banks, and the approval time will be longer. It will take about 20 working days at the earliest to get the loan. The loan company has simple procedures and quick approval, and it usually takes 10 working days to get the loan.

Compare loan amount

Generally speaking, the amount of the second mortgage bank loan of real estate is related to the appraised value of the house, and the maximum is about 70%.

Generally speaking, bank loans are not so easy to apply for, and unsuccessful applications will also affect credit records. In order to get lower financing cost and handle large-scale bank loans conveniently and quickly, we usually go to professional institutions, such as Su Fang. They rely on professional industry knowledge to help customers solve intractable diseases in the financing process and choose the most suitable financing scheme from thousands of banks. Housing loan financing consultation hotline: 0769-33888836