It will be transferred to your name and realized through refinancing. "Lending" means that when the borrower sells the house as collateral, the buyer of the house continues to repay the unexpired loan of the seller with the consent of the loan bank. Simply put, it is to buy and sell the house that is still mortgaged again, and the buyer of the house will continue to repay the mortgage of the seller.

Extended answer:

There are two situations in the second-hand housing market: point-to-point mortgage and inter-bank mortgage. Due to the different credit standing, loan willingness, monthly payment ability and purchase fund arrangement of buyers, buyers can apply for different loan terms, loan amounts and repayment methods according to their own needs while refinancing. In practice, the way of refinancing is that the seller repays the loan in advance, so the buyer's loan can be inconsistent with the seller's outstanding loan.

Mortgage means that the buyer fills in the mortgage loan application form to the bank and provides legal documents such as ID card, income certificate, house sales contract and guarantee letter. The bank promises to grant loans to the buyer after passing the examination, and handle the registration and notarization of real estate mortgage according to the house sales contract provided by the buyer and the mortgage loan contract concluded between the bank and the buyer. The bank directly transfers the loan funds to the seller's account within the time limit stipulated in the contract.

If buyers want to get mortgage services, they should focus on this aspect when choosing real estate. When buyers learn that some projects can apply for mortgage loans in advertisements or through the introduction of sales staff, they should further confirm whether the real estate developed and built by developers has won the support of banks to ensure the smooth acquisition of mortgage loans.