Now most people buy houses with loans for 20 or 30 years, but no one can guarantee that these years will be smooth. Some friends need money badly at home, but the house loan has not been paid off, so they will think of borrowing money from the house to tide over this difficulty. In this case, can the mortgaged house be loaned?
Now most people buy houses with loans for 20 or 30 years, but no one can guarantee that these years will be smooth. Some friends need money badly at home, but the house loan has not been paid off, so they will think of borrowing money from the house to tide over this difficulty. In this case, can the mortgaged house be loaned? What is the refinancing process of the mortgaged house?
Can I get a loan for a mortgaged house?
1. In fact, in principle, the ownership of the mortgaged house belongs to the bank, so the owner actually has no right to use it for refinancing. However, if you apply for a loan in the same bank, the mortgaged house can also get a certain loan. If your capital can't be turned over for a while, mortgage the mortgage house at hand to the bank, and you can lend the mortgage money you paid before.
2. "Revolving credit business of individual housing" is also called "revolving loan". Citizens can obtain a certain loan amount by mortgaging commercial housing to banks. During the mortgage period, citizens can withdraw money for recovery, which is essentially a mortgage loan. The term of the credit line can be up to 30 years, during which citizens can withdraw according to their needs, but the credit line shall not exceed the total available amount.
What is the refinancing process of the mortgaged house?
1. The borrower applies for a loan in writing and provides the necessary documents and certificates. Specifically, it includes the ownership certificate of collateral such as real estate license; Identity cards, household registration books and proof of marital status of the applicant and spouse; Proof of income of the applicant and spouse; Relevant certificates on the purpose of the loan; Other relevant information required by the bank, bank interest rate and repayment method.
2. The buyer and the seller open an account in the loan bank, and the buyer deposits the down payment in full into the account designated by the loan bank.
3. After investigation and approval by the lending bank, the borrower and the lending bank sign a loan contract and a transfer deduction authorization.
4 for housing transfer, insurance, notarization, mortgage registration and other procedures.
5. Proof of property right transfer. The borrower shall submit the house ownership certificate, house ownership certificate and insurance policy (original) of the purchased house that has gone through the mortgage registration formalities to the loan bank for mortgage.
6. Transfer loans. After the above procedures are completed, the loan bank will transfer the loan to the account opened by the borrower in the loan bank, and then transfer the loan from the borrower's account to the seller's account at one time according to the authorization of the Power of Attorney for Deduction.
The above is the mortgage of the house. Can I get a loan? From the above, we can know that mortgage houses can be loaned, because if mortgage houses cannot be loaned, banks may lose a lot of loan business. After all, most people buy houses by mortgage. As for the loan process, you need to know before lending. This article also talks about this problem.
Housing two mortgage process
Some houses are being mortgaged, but due to lack of funds, they want to mortgage the mortgaged property again. This is called a second mortgage. So how should I borrow a house with two mortgages? What are the conditions for the second mortgage? 1. After the owner applies for the second mortgage, the bank will assign a special person to evaluate the value of the property, mainly to evaluate its appreciation potential, and then give reference value according to the evaluation results. 2. Owners need to issue personal identification certificate, property certificate, income certificate and other certification materials required by banks when handling the secondary mortgage of houses. 3. The lender needs to bring all the information to the bank for face-to-face signing and sign the mortgage application for the second house. 4. The bank will review the personal data of the property and the lender and calculate the loan amount at the same time. 5. After the approval, the lender needs to go to the bank to register the mortgage in person and wait for the loan. U = 4138492308,4241209713fm = 26gp = What are the requirements for a second mortgage of a house in 0.jpg? 1. Generally speaking, houses should have better room for maintaining and increasing value. 2. The house that can be mortgaged twice must be an existing house, not an auction house. 3. The borrower of the second loan should have good credit, and the existing mortgage loan has no serious overdue record. The borrower of the second loan must have a stable income. 5. Other conditions stipulated by the bank. Matters needing attention in secondary mortgage of house 1, loan amount. The loan amount of real estate in two mortgages is as follows: (1) loan amount = mortgage rate of house value-original loan principal balance; (2) Compared with the original purchase price of the house and the evaluation price at the time of secondary mortgage, the value of the house shall be the lower. The mortgage rate of secondary loans with housing mortgage shall not exceed 70%; The mortgage rate of secondary loans for commercial housing mortgage shall not exceed 50%. 2. The procedures and documents required for secondary mortgage and primary mortgage are basically the same. The legal effect after registration is different in the order of realizing mortgage. 3. Although the Measures for the Administration of Urban Real Estate Low Pressure stipulates that the second mortgage does not require the consent of the first mortgagee, it shall inform the second mortgagee. However, in the actual mortgage process, if the first mortgage contract requires the consent of the first mortgagee, it must be observed in accordance with the contract. At the same time, the second mortgagee must be informed of the mortgage loan, otherwise, the mortgagee has the right to request the mortgagor to stop its loan behavior according to the relevant regulations. 4. The right value of two mortgages shall not exceed the balance of the house value after the first mortgage guarantee. If the mortgagor can't pay off the debt, he will file an administrative lawsuit with the registration department.
How to refinance the mortgaged house
Mortgage refinancing involves guarantee projects. Applicants need to go through the relevant procedures, find a reliable guarantee company, and negotiate with the company to sign a repayment agreement and a guarantee agreement. After the agreement comes into effect, the guarantee company advances funds to help the applicant pay off the principal and interest of the loan, and then the applicant goes through the formalities of canceling the mortgage registration. After obtaining the loan, it is necessary to return the advance funds of the guarantee company and pay the relevant handling fees.
Basic process:
1. Write a loan application form and provide application materials such as ID card, real estate license and income certificate;
2. The bank will evaluate the reloaned house through the designated appraisal company within 10 working days to confirm whether it meets the requirements for reloaning;
3. If the bank has passed the assessment, bring ID cards and other relevant documents to the bank for face-to-face signing and mortgage procedures;
4. Bank loans.