All the mortgaged houses are mortgaged. Because the mortgage loan to the bank is mortgaged by the house itself, the title certificate of the house itself is in the owner's own hands, but it will show which bank the loan was borrowed from, and a cancellation stamp will be stamped on it after the loan is paid off. During the loan period, the bank has a certificate of other rights, which proves that the house was mortgaged to the bank.

Can a mortgaged house be mortgaged twice?

A mortgaged house can be mortgaged twice. Two mortgage is an additional loan service provided by China Commercial Bank for borrowers who have obtained bank housing mortgage loans. If there is no problem with the information, the bank lending institution will evaluate the property, as long as the applicant prepares the relevant materials and then assists the bank in inspection.

At present, many banks can refinance houses that are still under mortgage. With the further slowdown of bank mortgage approval, the "mortgage loans" launched by many banks have quietly warmed up, and the maximum amount can reach 90% of the real estate assessment value. The applicant of "house mortgage" only needs to apply for comprehensive credit from the bank with his own property as the maximum mortgage. After successful approval, the applicant can use the loan funds repeatedly to meet the consumption needs of individuals and families such as decoration, study abroad, travel and car purchase, and the longest period can reach 30 years.

Whether residential or commercial housing, mortgage or full payment, first-hand or second-hand, xianfang or faster, you can apply for "housing loan". "Without settling the existing mortgage loan, the bank will delete the mortgage loan balance from the credit line, and the rest will be available for customers to use for consumer loans.

Problems needing attention in housing mortgage loan

1. Don't use the provident fund before applying for a loan. If the borrower takes the balance of the provident fund to pay the house payment before the loan, the balance of the provident fund in your provident fund account will be zero, and your provident fund loan amount will be zero, which means you will not apply for a provident fund loan.

2. Don't repay the loan in advance in the first year. According to the relevant provisions of the provident fund loan, part of the prepayment should be made one year after the repayment, and the amount you return should exceed the repayment amount of six months.

Don't forget to find the bank around you if you have difficulty in repaying the loan. Don't insist on it yourself when your solvency drops during the loan period and it is difficult to repay. ICBC customers can apply to ICBC for extending the loan term. According to our investigation, if there is no default in loan principal and interest, we will accept your application for extension.

4. Don't forget to inform when renting a house after the loan. When renting a mortgaged house during the loan period, the lessee must be informed of the mortgage facts in writing.

Don't forget to cancel the mortgage after the loan is paid off. When you have paid off all the loan principal and interest, you can go to the district/county real estate trading center where the property is located to cancel the mortgage with the bank's loan settlement certificate and other real estate rights certificates of the collateral.

6. Don't lose the loan contract and IOUs. To apply for a mortgage loan, the loan contract signed between the bank and you and the iou are all important legal documents. As the loan term can be as long as 30 years, as a borrower, you should take good care of your contracts and IOUs.