There is a monthly payment, which is equivalent to one room and two mortgages. However, not all houses can apply for a second mortgage, and two basic conditions need to be met: first, the house must be an existing house with a large market space; Second, the age of the house needs to be within 20 years, and the specific rules need to be subject to the regulations of the local bank.

Extended data:

What are the precautions for secondary mortgage of houses?

1, loan amount

Different regions have different financing policies. The financing amount of general housing subprime loans is defined as the lower of the house value compared with the original purchase price of the house and the evaluation price at the time of subprime loans. The mortgage rate of sub-prime loans under housing mortgage loans is up to 70%; The mortgage rate of sub-prime loans with commercial housing as collateral should not exceed 50%. Of course, you can consult the lending institutions for details.

2. The loan procedures are basically the same.

The procedures and documents received for the second mortgage and the first mortgage are basically the same. The legal effect after registration is different in the order of realizing mortgage.

3. The second mortgagee must fulfill the obligation of informing.

Although the Measures for the Administration of Urban Real Estate Mortgage stipulates that the second mortgage does not require the consent of the first mortgagee, it must fulfill the obligation to inform the second mortgagee. However, in the actual mortgage process, if the initial mortgage contract must be agreed by the first mortgagee, it must be observed in accordance with the contract.

The condition of the house in two mortgages

1. The second mortgage house must be an existing house: the ability to exchange money for an auction house is low, and the auction house is perishable and of poor quality, so the auction house cannot apply for a second mortgage. Most banks stipulate that only existing homes can handle subprime mortgages.

2. The borrower must have good credit. Any loan requires the borrower to have a good reputation. People with bad credit cannot borrow money. Therefore, if you want to apply for a sub-prime housing loan, you must repay the loan from usual to the deadline and maintain a good personal credit.

3. The domicile has been insured, and the original policy is managed by China Bank. Actually, don't worry about this. You must buy housing insurance when applying for a housing loan, so you must keep the purchase contract and receipt when applying for a housing loan.

4. Clear property rights: To apply for a second mortgage, the property rights of the house must be clear and the borrower must own the house. A house with property disputes cannot apply for a second mortgage.