Based on the current regulations of various banks, many banks do not accept the second mortgage business for individuals. Therefore, only after the loan has been paid off in full can the borrower apply for a mortgage loan.

If the applicant plans to personally arrange the mortgage application for the property, then a more reasonable method is to find relatives and friends with sufficient funds, collect the remaining mortgage money, and then take the property to the bank. After the remaining loan is paid off and the property is de-mortgaged, the de-mortgaged property is then mortgaged to the bank. The loan obtained from the mortgaged property is divided into two parts. One part is exchanged for relatives and friends who lent money to them, and the other part can be used for It is free to control whether it is used for business turnover or daily consumption. This is personal freedom. This method requires someone to provide a working capital, which takes about two months and is divided into early repayment and mortgage release. and mortgage loan application.

If the applicant cannot find relatives or friends to help, he or she can also choose to seek help from a guarantee company, that is, ask the guarantee company to advance the capital first, pay off the balance to release the mortgage on the house, and then re-apply for the house. Mortgage loans, of course, this method only makes more sense when there is a large amount of room for loanable loans. Firstly, you can wake up your dormant property and convert the repaid part of the house mortgage into cash. Secondly, the appreciation part of the real estate can also be turned into cash. During the application process, the guarantee company needs to charge a certain fee, and the charging standards are different for each lending institution. Therefore, the borrower may wish to shop around and choose a relatively cost-effective loan product. There are currently many loan intermediaries or guarantee companies on the market that can provide mortgage loans for mortgage properties. However, borrowers also need to be cautious because some of these companies operate irregularly. If you accidentally fall into the trap, you may pay a heavy economic price. .