There is a limit to the amount of loans that a real estate can get at the same time, usually 60-80% of the value of the real estate. After the mortgage of real estate, if there is room for refinancing, it can be mortgaged again. For example, the current loan ratio of a house in Bank A is only 20% (20% of the property value), which is far below the maximum loan amount, so this suite has room for remortgage.

Homeowners can apply for loans from Bank A or other banks. A necessary prerequisite for refinancing is that the property has obtained the title certificate. For example, the property purchased through mortgage loan cannot be mortgaged again even if there is room for loan without obtaining the property right certificate.

Extended data:

Measures for the administration of mortgage loans:

In order to better support the development of agriculture, countryside and farmers, build a new socialist countryside, increase the types of loans and ensure the safety of loans. In order to safeguard the legitimate rights and interests of both borrowers and lenders, these measures are formulated in accordance with the relevant provisions of the state.

Article 1 Mortgage loan is a loan method that the borrower is willing to use his own property or the property of a third party as a guarantee when borrowing from the company. When the borrower fails to repay the loan principal and interest at maturity, the company has the right to dispose of its collateral as repayment of the loan principal and interest and related expenses.

Article 2 A mortgage loan contract shall be signed on the basis of equal consultation in accordance with the relevant provisions of the State.

Article 3 Scope of collateral: fixed assets (such as houses and other above-ground buildings, vehicles, machinery and equipment, etc.) with use value according to law; Materials or property that can be circulated or transferred.