If you can't afford the mortgage, you can borrow it from friends and relatives first to solve the urgent need. If it can't be solved, there are several ways.

First, apply for an extension of loan repayment.

The borrower may submit a written application to the loan bank to extend the loan term. After the loan bank agrees, the borrower shall sign an individual housing loan deferred repayment agreement and go through relevant formalities, and at the same time, the borrower shall sign an deferred repayment agreement.

The borrower can only apply for a loan extension once, and the sum of the original loan term and the extension term shall not exceed 30 years at the longest. When the original loan term and extension term reach the new interest rate term grade, the loan interest will be charged at the new term grade interest rate from the date of extension. No longer adjust accrued interest.

Second, the transfer or sale of houses.

With the consent of the bank, the purchased house can be transferred and sold, and the loan can be repaid with the proceeds from the transfer and sale.

(2) The new buyer entered into a contract with the bank, and the new buyer continued to perform the repayment obligations.

Third, auction real estate.

After the bank auctions your property, it will only detain the money you owe to the bank, including: unpaid principal+interest+penalty interest, and will refund it to you if it is too much.