How much mortgage can be borrowed depends on the specific situation. Two mortgage amount of house property: the loan amount is equal to the house value multiplied by the mortgage rate minus the original loan principal balance. The value of the house is compared with the original purchase price of the house and the evaluation price at the time of secondary mortgage, and the lower one is taken. The mortgage rate of secondary loans with housing mortgage is higher than 70%; The secondary loan mortgage rate of commercial housing mortgage is higher than 50%.

How much can I borrow for a second loan? I'll give you an article to learn about it.

After going to the bank to apply for a mortgage, the house is equivalent to being mortgaged to the bank. Before the borrower pays off the loan, the house does not belong to the borrower in essence. If the borrower needs a large sum of money urgently, he can also use the house for a second mortgage. How much can I borrow for a second loan? Every article is for everyone to understand!

How much can I borrow for a second loan?

How much the second loan can be borrowed depends on the mortgage rate of the house value. Assume that the value of the house provided by the borrower is 654.38+0 million, and the mortgage interest rate is 70%. And the borrower has repaid 200,000 yuan and the remaining loan is 500,000 yuan, so the maximum loan amount is 6,543,800 yuan+0,000 yuan.

If the borrower is uncertain, compare the value of the house with the original purchase price of the house and the evaluation price at the time of secondary mortgage, and take the lower of the two. The mortgage rate of secondary loans with housing mortgage shall not exceed 70%; The mortgage rate of secondary loans for commercial housing mortgage shall not exceed 50%.

How many years can I borrow a second loan?

According to the regulations of major banks, the second mortgage period of real estate cannot exceed 30 years. Personal real estate secondary loan business is mainly aimed at customers who apply for housing provident fund mortgage loans. After the house is re-evaluated, the mortgage rate of 60% is evaluated, and the amount generated MINUS the balance of the first housing provident fund loan is the commercial loan amount that the borrower can enjoy.

What are the procedures for the second loan?

The procedures and documents required for secondary mortgage and primary mortgage are basically the same. The legal effect after registration is different in the order of realizing mortgage.

The above is the sharing of "How much can the second loan be borrowed?" I hope it will help everyone!

How much can I borrow for a second mortgage?

With the continuous innovation of the financial industry, many financial institutions can handle the second mortgage of houses for everyone. In other words, houses with outstanding loans can be mortgaged again. Then, how much can a second mortgage loan for a house? Let me introduce the relevant content here.

According to the relevant regulations, only the part of the house belonging to the borrower can apply for a loan. Let's use an example to illustrate:

For example, the current market price of a house is 800 thousand, of which 50% has not been paid off. Then, the value belonging to the borrower is 400,000 yuan. When you apply for a house with a second mortgage, the loan amount can never exceed 400,000.

How much can a house be mortgaged for the second time is related to the following contents besides the value of the house:

1, the geographical location of the house. If the house is in a good location and has a strong room for maintaining and increasing value, then the amount of two mortgage loans for the house will be higher.

2. The credit status and property status of the repayment person. If the borrower has a good credit record and relatively strong economic strength, then the loan amount of this house in the secondary mortgage will be higher.

3. Occupation and income of the borrower. Under normal circumstances, the loan amount of civil servants, doctors, teachers, employees of large state-owned enterprises and employees of listed companies will be relatively high.

4. Loan policies of commercial banks. Because China's financial industry is gradually moving towards marketization, the lending policies of major commercial banks will be slightly different. Generally speaking, banks with looser policies have higher secondary mortgage quotas.

To sum up, how much the second mortgage can be borrowed is related to many factors, which basically needs to be determined according to the actual situation at that time. I suggest you consult the bank more in order to find the most satisfactory loan scheme.

How much can I borrow for a second loan on my house?

Second mortgage amount of house = mortgage rate of house value-balance of original loan principal.

The value of the house is compared with the original purchase price of the house and the evaluation price at the time of secondary mortgage, and the lower one is taken. The mortgage rate of secondary loans for residential housing mortgage shall not exceed 70%; The mortgage rate of secondary loans for commercial housing mortgage shall not exceed 50%.

The house can be mortgaged twice. But the conditions of the second loan are very harsh. The requirements are as follows:

1. The house used for secondary mortgage must be an existing house;

2. The property has been registered as a mortgage, and the handling bank is from housing mortgages;

3. The house has been insured, and the original policy is managed by the bank;

4. The loan balance of the second mortgage amount of the property is lower than 70% of the current house price;

5. The borrower has full capacity for civil conduct, stable income and good credit;

6. The property should be high-quality housing and commercial housing with great market development potential. Although two mortgage has effectively increased the amount of loans, it should be noted that there should be some loanable space for housing in two mortgage.

In other words, if the first loan is close to 70% of the appraised value of the house, you may wish to consider applying for a credit loan. If the first loan amount only reaches 30% of the appraised value of the mortgaged house, choosing the second mortgage will undoubtedly greatly increase the loan amount.

Procedure:

1. The borrower shall fill in the Application Form for Housing Mortgage and submit the following supporting materials to the bank: the borrower's fixed income certificate issued by the borrower's unit; Credit certification documents such as business license and legal person certificate of the loan guarantor; Legal and valid identity certificate of the borrower; The relevant certificate of the ownership of the house or the certificate that I have the right to the house according to law; Appraisal report, appraisal report and insurance documents of mortgaged real estate; Contracts, agreements or other supporting documents for the purchase and construction of houses; Other documents or materials required by the lending bank.

2. The bank examines the borrower's loan application, purchase contract, agreement and related materials.

3. The borrower shall hand over the title certificate, insurance policy or securities of the collateral to the bank for safekeeping.

4. The borrower and the guarantor of both borrowers sign the Housing Mortgage Loan Contract and notarize it.

5. After the loan contract is signed and notarized, the bank's deposits and loans to the borrower are transferred to the selling unit or building unit specified in the purchase contract or agreement.

6. The loan applicant repays the loan on a monthly basis.

How much can I borrow for the second home loan?

The second mortgage of real estate is to use the remaining loan of real estate. There is a calculation formula for the loan amount of secondary mortgage of real estate, that is, the mortgage rate of real estate value-the balance of original loan principal. Mortgage interest rate. The mortgage rate of secondary mortgage of ordinary housing shall not exceed 70% of the property value; The mortgage rate of commercial housing with secondary mortgage shall not exceed 50% of the property value. Lending institutions will determine the mortgage rate of secondary mortgaged real estate according to the actual situation of borrowers. Article 9 of the Measures for the Administration of Urban Real Estate Mortgage: If more than two mortgages are set for the same real estate, the mortgagor shall inform the mortgagee of the mortgages already set. The creditor's rights secured by the mortgagor shall not exceed the value of the mortgaged property. After the real estate is mortgaged, if the value of the mortgaged real estate is greater than the balance of the secured creditor's rights, it may be mortgaged again, but it shall not exceed the balance.