Legal analysis: Under normal circumstances, if a house only has a purchase contract, it is not allowed to apply for a mortgage loan. To apply for mortgage loan with real estate, a property certificate must be required. If you only have a house purchase contract, you can't apply for a mortgage loan. Using real estate as a mortgage loan must wait until the certificate of immovable property right comes out, so as to truly prove that the house is in the applicant's name. In order to avoid risks, only when the applicant holds the real estate license will the bank help with the relevant procedures.

Legal basis: Article 395 of the Civil Code of People's Republic of China (PRC)? The following properties that the debtor or a third party has the right to dispose of may be mortgaged: (1) buildings and other land attachments; (2) The right to use construction land; (3) the right to use the sea area; (4) Production equipment, raw materials, semi-finished products and products; (5) Buildings, ships and aircraft under construction; (6) means of transportation; (seven) other property not prohibited by laws and administrative regulations. The mortgagor may mortgage the property listed in the preceding paragraph together.