We know that the mortgaged house has not yet obtained the real estate license, but some lending institutions claim that they can apply for a second mortgage. If the house has room for appreciation, it is possible to lend this room for appreciation. For example, you bought a house a few years ago with a total price of100000 and a loan of 700000. Now that you have paid off part of the loan, the loan of 500 thousand has not been paid off. At this time, your house is worth 5 million. If you want to apply for a mortgage, you can get 4.5 million after paying off the loan.

Just look at the literal understanding of the second mortgage, you may understand the meaning of the first two mortgages, but it is not.

Banks will only apply for mortgage loans when they see the real estate license. If there is no little red book, the bank will not handle the mortgage loan for you. So, why do companies that claim to be able to apply for a second mortgage advertise?

The reason for this is the following：

First, through some guarantee companies or loan intermediaries to get the rest of the housing loan funds. After paying off the loan, arrange to redeem the house. At this time, you can apply for a mortgage loan, so you can get about 70% of the loan funds of the house, which means you can get about 3.5 million bank loan funds. After the bank loan funds come down, you can return the expenses generated by 500,000 yuan to the guarantee company. So you took out two mortgages.

Second, the house mortgaged under the lender's name is also one of the lender's properties. As a strong asset certificate, a house can apply for a credit loan. Credit loans don't need to be mortgaged, but the interest will be slightly higher and the amount will be higher than that of mortgage loans.

Card baby reminds consumers that they need to go to some formal lending institutions for loans, and at the same time, the loans have to pay certain interest. They must have a reasonable plan to avoid losing money.