Legal analysis: you can mortgage the loan, the amount is still very high, and the interest rate will be a little higher than that of the bank.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 240th the owner has the right to possess, use, profit from and dispose of his real estate or chattel according to law.

Article 241 The owner has the right to establish usufructuary right and security right on his real or movable property. When exercising their rights, the usufructuary right holder and the security right holder shall not harm the rights and interests of the owner.