1, the creditor is agreed by the mortgagee. Re-establishing the mortgage right on the same real estate shall obtain the consent of the mortgagee in advance, because re-establishing the mortgage right may affect the mortgagee's priority right of compensation and is related to the mortgagee's vital interests.
2. The value of the real estate mortgaged by the mortgagor exceeds the original creditor's rights. If the real estate value is insufficient to pay off the original debt, the mortgagor may not set up a mortgage again; If the real estate value is greater than the original debt, the mortgagor has the right to set up another mortgage.
3. If the mortgagor mortgages the mortgaged real estate to other creditors, he shall inform other creditors of the fact that the mortgage has been established and obtain the consent of other mortgagees.
Real estate remortgage refers to remortgage the real estate that has been loaned as collateral. The mortgage interest rate of real estate is between 1.5%-2.5% per month. Banks generally don't accept this kind of business. Factors of real estate re-mortgage loan interest rate The interest rate of real estate re-mortgage loan is mainly related to the mortgage rate and the borrower's repayment ability. The mortgage rate is equal to the ratio of the sum of all loans on the mortgaged property to the market value of the house. The mortgage rate of real estate re-mortgage loans in the market is generally around 50% to 70%.
Legal basis: Article 35 of People's Republic of China (PRC) Commercial Bank Law.
Commercial banks should strictly examine the borrower's loan purpose, repayment ability and repayment method. Commercial bank loans shall be subject to the system of separating loan review from grading approval.
Article 36
When a commercial bank lends money, the borrower shall provide a guarantee. Commercial banks should strictly examine the repayment ability of guarantors, the ownership and value of collateral, and the feasibility of realizing collateral. After examination and evaluation by a commercial bank, it is confirmed that the borrower has a good credit standing and can repay the loan, and no guarantee may be provided.
Article 9 of the Decision of the Ministry of Construction on Revision
If more than two mortgages are set on the same real estate, the mortgagor shall inform the mortgagee of the mortgages already set.
The creditor's rights secured by the mortgagor shall not exceed the value of the mortgaged property.
After the real estate is mortgaged, if the value of the mortgaged real estate is greater than the balance of the secured creditor's rights, it may be mortgaged again, but it shall not exceed the balance.