First, the reason:

Before the loan is paid off, the owner cannot enjoy the complete right to dispose of the house.

Second, the solution:

Pay off the current mortgage first, and then apply for a mortgage. After repayment, you can get the property right and make a second loan. If the existing funds are insufficient, you can find a prepayment company to repay the bank loan first, and then apply for a mortgage loan again before returning the money to the prepayment company.

Iii. Application conditions for secondary mortgage:

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

2. The mortgage registration of the property has been completed, and the handling bank is the mortgagee of the property;

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

4. The balance of the house purchase loan with the secondary mortgage loan 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.

Extended data:

First, the amount of the second mortgage of the house.

1, loan amount = house value * mortgage rate-original loan principal balance;

2. 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, whichever is lower. 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%.

Second, the term of the second mortgage of the house

The duration of the two mortgages depends on the purpose of the loan. For personal consumption loans, the term shall not exceed 5 years, and for personal business loans, the term shall not exceed 3 years, and the maturity date of the loan shall not exceed the maturity date of the first mortgage loan.

References:

Phoenix Net-Can the house be mortgaged for the second time? Phoenix. Com- the mortgage has not been paid back. Can I make a second mortgage?