The process of secondary mortgage of houses:
1. The borrower shall fill in the Application for Mortgage of Residential Houses before the loan, and submit the following supporting materials to the bank:
(1) The borrower's fixed income certificate issued by the borrower's unit;
(2) Credit certification documents such as business license and legal person certificate of the loan guarantor;
(3) Legal and valid identity certificate of the borrower;
(four) the relevant proof of the ownership of the house or the proof that I have the right to control the house according to law;
(5) Appraisal report, appraisal report and insurance documents of the mortgaged property;
(6) Contracts, agreements or other supporting documents for the purchase and construction of houses;
(7) Other documents or materials required by the lending bank;
2. The bank examines the borrower's loan application, purchase contract, agreement and related materials;
3, the borrower will mortgage property ownership certificate and insurance policy or securities to the bank custody;
4. The guarantors of both borrowers and borrowers sign the Housing Mortgage Loan Contract and notarize it;
5. After the loan contract is signed and notarized, the bank's deposits and loans to the borrower are transferred to the selling unit or building unit specified in the purchase contract or agreement.
Legal basis:
Article 394th of the Civil Code of People's Republic of China (PRC)
In order to guarantee the performance of the debt, if the debtor or a third party mortgages the property to the creditor without transferring the possession of the property, if the debtor fails to perform the due debt or realize the mortgage right according to the agreement of the parties, the creditor has the right to be paid in priority for the property.
The debtor or the third party specified in the preceding paragraph is the mortgagor, the creditor is the mortgagee, and the property that provides guarantee is the mortgaged property.