Mortgage, individual housing, is a mortgage loan service provided by banks for borrowers who have obtained mortgage loans. After repaying a certain loan principal and interest, if you need funds for personal consumption or business at the moment, you can use the difference between the mortgage value of the house and the original loan balance as collateral and apply for a loan from the bank again. The borrower of the second mortgage of real estate must be the customer of the bank's first-hand mortgage loan, with no interest default, stable income, good credit, the ability to repay the loan principal and interest on schedule, and have repaid the principal and interest on schedule for more than two years.

Conditions of secondary mortgage

Housing used for secondary mortgage must meet the following conditions:

1. The houses used in the second mortgage should be high-quality houses and commercial houses with great market development potential.

Second, the house used for two mortgages must be an existing house.

Third, the house must be a first-hand house purchased by a bank mortgage loan.

Fourth, the mortgage registration has been completed and the bank is the mortgagee of the house.

Fifth, the house has been insured and the original policy is managed by the bank.

Sixth, the house has a superior location, convenient transportation, complete facilities and great profits.

Materials required for secondary mortgage

Article 1. Property certificate.

2 real estate mortgage contract and his right registration form. If the mortgagor is a natural person, the real estate mortgage contract shall be notarized.

Third, if the property owner is a natural person, submit a resident identity card or other valid documents that can prove his identity.

Fourth, if the property owner is a legal person or other organization, it is necessary to submit the business license or unit certificate of the enterprise legal person, the identity certificate of the legal representative, the power of attorney of the legal representative, the resident ID card of the legal representative and the resident ID card of the client or other valid documents to prove the identity.

Fifth, mortgage contract and loan contract.

Secondary mortgage registration process

No 65438 +0. The handling bank has completed the mortgage registration of the real estate with the serial number. 1 The mortgagee has obtained the house ownership certificate according to the examination and approval requirements.

2. After the guarantee company reaches the intention of secondary mortgage registration with the mortgagor, the borrower and the handling bank, it shall prepare the following materials:

1. application form for real estate mortgage registration provided by the mortgagor to the housing registration authority.

2. Letter issued by the guarantee company to the handling bank that the next mortgage applicant knows the priority mortgage situation of our bank.

3. Letter issued by the guarantee company to the housing registration authority that the applicant for lower priority mortgage has known the situation of higher priority mortgage.

4. The mortgage contract signed by the guarantee company and the mortgagor issued by the guarantee company to the housing registration authority.

5. The entrustment guarantee contract and counter-guarantee contract signed by the guarantee company and the borrower to the housing registration agency.