Conditions to be met for secondary mortgage.
The houses used for secondary mortgage should be high-quality houses and commercial houses with great market development potential; The house used for personal housing in the secondary mortgage must be an existing house; The house is a first-hand house purchased with mortgage loan from China Bank; The mortgage registration of the house has been completed, and our bank is the mortgagee of the house; The house has been insured, and the original policy is managed by China Bank; The house has excellent location, convenient transportation, complete facilities and great appreciation potential.
Problems needing attention in housing mortgage loan
First, whether the credit record is good.
The biggest difference between mortgage loan and other loans is that when the borrower fails to repay the loan for a long time, the bank will auction the mortgaged house to make up for the economic losses. Therefore, when approving mortgage loans, banks will pay special attention to borrowers' credit records and generally choose borrowers with good reputation to cooperate. If there are more than three overdue users in two years, or the cumulative overdue users are more than six times, the probability of application rejection will greatly increase.
Second, can the property be mortgaged in the name of others?
In addition to the property in my name, the property provided by the borrower in the name of others can also be recognized by the bank. However, in order to avoid legal disputes, it is necessary to obtain the consent of the owner of the house when mortgaging the property under the name of others, and at the same time issue relevant application materials for agreeing to mortgage, so as to pass the bank audit. If you take your house to the bank for mortgage without the owner's consent, the bank will refuse to apply.
3. Does the mortgaged property have liquidity?
The property mortgaged to the bank must be realized, otherwise the bank will not accept your application. For example, if you plan to mortgage a set of dangerous houses that will collapse for more than 40 years to the bank, the bank can refuse to apply through field visits and housing conditions.
4. Do you have enough repayment ability?
When approving loans, banks will not only consider whether the borrower's credit record is good, but also examine whether the borrower has sufficient repayment ability. Therefore, if you don't have a stable job, or can't provide proof of income and work, or can't provide bank running water, you will generally be recognized by the bank as a person with worrying repayment ability, and you are not eligible to apply for a mortgage loan.
Verb (abbreviation of verb) Can the mortgaged property be mortgaged twice?
Secondary mortgage means that the property with mortgaged property rights is mortgaged again, which is secondary mortgaged property. The characteristic of secondary mortgage is that it is not necessary to pay off the previous loan, but to obtain the loan directly through evaluation, which will save a lot of time and advance costs and other intermediate links, and also reflect the residual value of the property again.