First, if the seller has the ability to repay the loan, the seller should pay off the loan first, remove the mortgage, and then transfer the ownership.
Second, if the seller is unable to repay the loan and the buyer is able, the buyer can negotiate to pay off the loan first and then transfer the ownership. This method has certain risks for the buyer, but it can be eliminated through an honest and qualified intermediary company and asking the seller to do notarization entrustment.
Third, if both the buyer and the seller are unable or unwilling to repay, they can find a third-party special guarantee company, which will pay off the loan and then transfer the ownership, and then return the money to the guarantee company, but this requires a guarantee redemption fee. # Hello, it is theoretically possible to sell the outstanding mortgage, but this transfer needs to be carried out after the property certificate is completed, and the bank's consent is required. Friendly reminder, if your mortgage is not paid off, you won't get the loan. Unless you pay off the loan, you may borrow more money at the current market value. I hope my answer can help you. # Hello, according to the regulations of the Ministry of Housing and Urban-Rural Development and other three departments, the identification standard of two sets of commercial individual housing in the future will be determined according to the number of housing units actually owned by family members (including borrowers, spouses and minor children, the same below). Upon the application or authorization of the borrower, municipalities directly under the central government, cities under separate state planning, provincial capitals and other urban real estate departments with inquiry conditions inquire about the borrower's family housing registration records through the housing registration information system, and issue written inquiry results.
Under any of the following circumstances, the lender will implement the second set of differentiated housing credit policies for the borrower: the borrower applies for using the loan to buy a house for the first time, and his family has registered more than one complete house in the housing registration information system (including the pre-sale contract registration and filing system) where the house is to be purchased; The borrower has used the loan to purchase more than 1 house (inclusive) and applied for a loan to purchase the house; The lender is convinced that the borrower's family already owns a set (or more) of housing through due diligence in the form of checking credit records, face-to-face interviews and interviews.
The criteria for determining provident fund loans vary from bank to bank. Some banks "recognize houses", some "recognize loans" and some "recognize houses and recognize loans".
If your first suite is a commercial loan, it must be recognized as a second suite now, and you can use the provident fund loan again, but the interest rates implemented in different cities are different. You can check with the local government.
If your first suite is a provident fund loan, it's hard to say, because different banks have different recognition standards. You can check with the bank where you borrowed money.
The above contents are for reference only, I hope I can help you. Thank you for your support to Kanfangwang. I wish you a happy purchase!