Can I borrow again after I have paid my mortgage twice?

Of course.

As long as the lender meets the loan conditions, has good credit information and has the ability to repay the principal and interest, it can apply for a loan again. After the loan is settled, there is no creditor-debtor relationship between the two parties, and the mortgage right has been eliminated. The mortgaged house is free and can be re-loaned, as long as the house still has a certain mortgage value and can be recognized and accepted by the lending institution. But after the mortgage is paid off, the loan needs to meet certain conditions:

1. The borrower has full capacity for civil conduct, holds a valid ID card of this city or a formal urban household registration in this city, has a stable income, has a good credit, and has the ability to repay the principal and interest.

2. Before the loan, it is required to deposit the housing provident fund for more than half a year, and a valid contract or agreement for purchasing owner-occupied housing must be provided. The payer must be the buyer in the contract, and the person with property rights (except the spouse) must issue a written commitment to agree to the mortgage of the house;

3. There are sufficient funds, and the self-owned funds are not less than 30% of the value of self-occupied housing, and the second-hand housing needs more than 40%. Borrowers are allowed to handle insurance and housing mortgage loans.

4. The borrower opens a personal account in the bank, allowing the bank to directly withdraw the loan principal and interest from the account every month.

The above contents are collected for everyone to share whether they can refinance after paying off the mortgage twice, hoping to help everyone.

Legal basis:

People's Republic of China (PRC) Civil Code

Article 395

Scope of Mortgaged Property The following properties that the debtor or a third party has the right to dispose of can be mortgaged:

(a) 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.