The mortgaged house can be mortgaged to the bank again to apply for a loan. Among the two kinds of mortgage loans, there are not many lending institutions and banks to choose from, so choosing a real estate has become a headache for many customers, because we have to consider security, interest rate, quota and loans, and the choice is very important. The speed difference between different banks and institutions may be about 1 month. So, which bank is better for the second mortgage of real estate? Which bank has the lowest interest rate in two mortgage?

Comparative application conditions

Different banks have different conditions to apply for the second mortgage of real estate, such as credit status, personal income, work unit and repayment ability. When a loan company applies for a second mortgage of real estate, it mainly depends on whether the real estate value is high or not and whether it has liquidity. Credit status is good or bad. Borrowers with debts can generally borrow from banks or loan companies as long as they can provide qualified real estate for secondary mortgage.

Comparative loan interest rate

Compared with credit loans, the risk of secondary mortgage of real estate is lower, because there is real estate as a guarantee for bank loans. However, at present, the interest rates of the two mortgage products are different in different banks, and the loan interest rates of the same bank in different regions will also be different.

At present, the two mortgage interest rates of bank real estate are floating on the basis of the benchmark interest rate. The benchmark annual interest rate of 20 17 years is within one year (including one year), the benchmark interest rate is 4.35%, the benchmark interest rate for one year to five years (including five years) is 4.75%, and the benchmark interest rate for more than five years is 4.90%. You can refer to it

Compare approval speed

There are many procedures for handling real estate in two mortgage banks, and the approval time will be longer. It takes about 20 working days at the earliest to get the loan. The loan company has simple procedures and quick approval, and it usually takes 10 working days to get the loan.

Compare loan amount

Generally speaking, the amount of the second mortgage bank loan of real estate is related to the appraised value of the house, with a maximum of about 70%.

Generally speaking, bank loans are not so easy to apply for, and the failure of application will also affect the credit record. In order to get lower financing cost and handle large bank loans conveniently and quickly, we usually go to professional institutions, such as Su Fang. With their professional industry knowledge, they can help customers solve intractable diseases in the financing process and choose the most suitable financing scheme from thousands of banks. Housing loan financing consultation hotline: 0769-3388836