1. Can I still get a mortgage loan after using a car?

Mortgage loans are relatively easy to apply for if you want to borrow money and go through a local loan company. A second car mortgage loan requires the borrower to fully mortgage the car and have room for refinancing; 2. The procedures for applying for a second car mortgage must be complete and the other conditions must be a stable source of income. Judging from the above conditions, if the car wants to apply for a second mortgage loan, in addition to the vehicle itself having room for a second loan, a stable income, etc., only when the dual conditions are met, can a second car mortgage loan be applied for. Notes on extended information loan: 1. The mortgage amount of this car is relatively high. For example, the appraised value of a car is 500,000 yuan, and the mortgage amount is only about 30%. In this case, there is still 70% of the amount that can be mortgaged. If the amount that can be mortgaged is higher, you can apply for a car remortgage loan. 2. Borrowers should not go directly to the bank to apply for car remortgage loans. Neither car mortgage lender will accept it. You can go to a local loan company or car finance company. Borrowers who apply for loans through these institutions can not only obtain funds, but the time to obtain funds is shorter than going directly to the bank. 3. The borrower needs to meet the basic conditions for the loan. For example, if the personal credit is good, there is a certain income and repayment ability, and the current debt situation is good, etc. Any one of these conditions is difficult. 4. It is best not to use the value too low. If it is too low, the borrower may not be willing to accept it. 5. Generally, the cost of a second mortgage loan is slightly higher than the cost of an initial car mortgage loan.

2. Can a car be used as a mortgage loan?

A car can be used as a mortgage loan. Car mortgage loans can solve financial problems without selling the car, and at the same time avoid the embarrassment of not being able to borrow money. The conditions for car mortgage loans are also relatively loose. As long as the car is your own, you can use it for a loan. The time is also relatively fast. After repaying the loan within the specified time, you can get your car back smoothly without penalty.

According to Article 22 of the "Motor Vehicle Registration Regulations", it is clearly stipulated that "if the owner of a motor vehicle mortgages the motor vehicle as a mortgage, he shall apply for mortgage registration to the vehicle management office at the place of registration." With the motor vehicle registration certificate, the identity certificate of the mortgagee and the mortgagor, fill out the "Motor Vehicle Mortgage/Cancellation of Mortgage Registration Application Form", stamp it with the official seal of the unit and apply at the relevant window.

According to the provisions of the "Security Law", the mortgage of a vehicle is effective upon registration, that is, the mortgage contract will only take effect from the date of registration. However, according to the principle that the new law is superior to the old law, Article 178 of the "Property Rights Law" Article 1 stipulates that if the guarantee law is inconsistent with the provisions of this law, this law shall apply. Therefore, the car mortgage will be legally effective as long as the contract is signed.

According to the provisions of the "Property Rights Law", when real estate and related rights are mortgaged, the registration effectiveness system is implemented, and when movable property such as production equipment, transportation tools, etc. are mortgaged, the registration confrontation system is implemented. According to this regulation, a registration confrontation system is implemented for car mortgages. Failure to register will not affect the validity of the contract.

Conditions for mortgage car loans:

1. Generally requires a local license plate;

2. The maximum age of the car cannot exceed ten years, it also depends on How many kilometers do you have, and have you been in any accidents?

3. Some lending institutions require a fully paid car, while others have no specific requirements.

3. Why can the car be mortgaged even if I don’t own it?

You can get a mortgage loan even if the car is not in your own name. There are two ways to obtain a car mortgage loan in someone else's name. One is that the car owner and the borrower jointly obtain the loan and become the nominal lender, and both perform the loan repayment obligations; the second is that the car owner and the borrower jointly perform the loan repayment obligations. As the borrower, the car owner does not need to be present to handle relevant procedures. However, since it is not clear whether the mortgaged vehicle was carried out with the consent of the owner, the lending institution will compensate for the operating risk by increasing the interest rate.

Under normal circumstances, vehicle mortgage loans require that your own car can be mortgaged at the vehicle management office. If the vehicle is not in your name, the consent of the vehicle owner is required. Therefore, using a vehicle in the name of a relative as a mortgage can undoubtedly be a stop-gap measure to alleviate financial problems. However, the premise is that all procedures must be complete before it can be processed. None of them are missing. Generally speaking, the required materials include the ID cards of the borrower and the car owner, vehicle driving license, motor vehicle registration certificate, car purchase invoice, tax payment certificate, car insurance policy, etc.

4. Can a car be used as a mortgage loan?

Yes. Process:

1. The applicant applies for a mortgage loan from the Home Finance Company;

2. The company accepts and collects car information;

3. Car inspection , inspect the vehicle and appraise the vehicle;

4. Both parties determine the loan period;

5. Sign a mortgage loan contract and install a GPS (GPS is required if the car is not mortgaged) , registration, company lending;

6. The borrower repays the loan on time. Family Finance Management specializes in handling car mortgage loans in the greater Chengdu area.