Study abroad loans use cash or real estate as collateral. However, the procedures for handling cash and real estate pledges are quite different.

If you use real estate as collateral, first of all, you need to find a bank that can provide this form of loan, and then they will find a specialized appraisal agency to evaluate your real estate based on the current market price. . If it is evaluated that the value of your property is greater than the amount of the loan you want, you can apply for it normally. If not, the bank will not handle it for you.

In fact, there is no saying that you must have two houses before you can apply for it. It may be mainly because the value of your house is less than the amount of the loan you want. In this case, if you have two houses at home and the combined value is greater than the amount of the loan you want, it is completely feasible.

No matter which bank you choose, this point must be met. No matter which bank does the evaluation, it will be evaluated based on the current market price. So whether it is one house or two houses, it is the same with other banks.