Legal analysis: A mortgaged house can also be used as a second mortgage loan. Banks can also do it, and guarantee companies can also do it. The loan is fast, the loan amount is 90% of the appraised value, the monthly interest is 0.75, and the annual interest is 9. If you don’t want to go to a bank, you can get this kind of loan product. The maximum term is 3 years. You only need to pay the interest every month. It doesn’t matter how many times your credit report is overdue. Operation, and houses with bank loans can also be used as second offsets. The documents that need to be prepared are very simple, no proof of income or bank statement is required, and the loan will be released within 3 working days.

Legal basis: "The People's Republic of China and the Civil Code"

Article 387: In order to ensure the realization of its creditor's rights in civil activities such as lending and buying and selling, creditors shall If a guarantee is required, a security interest may be established in accordance with the provisions of this Law and other laws.

If a third party provides a guarantee for the debtor to the creditor, it may require the debtor to provide a counter-guarantee. Counter guarantee shall be governed by the provisions of this Law and other laws.

Article 394: In order to guarantee the performance of a debt, the debtor or a third party does not transfer the possession of the property and mortgages the property to the creditor, the debtor fails to perform the due debt or the fulfillment of the agreement between the parties occurs. In the case of a mortgage, the creditor has the right to receive priority in payment of the property.

The debtor or third party specified in the preceding paragraph is the mortgagor, the creditor is the mortgagee, and the property providing guarantee is the mortgaged property.

Article 425: In order to guarantee the performance of a debt, the debtor or a third party pledges its movables to the creditor for possession, and the debtor fails to perform the due debt or the circumstances agreed by the parties to realize the pledge occur. , the creditor has the right to receive priority payment for the movable property.

The debtor or third party specified in the preceding paragraph shall be the pledger, the creditor shall be the pledgee, and the movable property delivered shall be the pledged property.