Your first question: the bank said it needed two properties to mortgage the loan. This condition varies from bank to bank. This bank requires you to provide two suites, mainly because the disposal (auction) will not be restricted by the humanization clause of the court. The so-called humanized clause means that the auctioneer (mortgagor) must have a house to live in, even if it is rented. If there is no second house to live in, we should consider solving the housing problem of the auctioneer before auctioning it. In order to ensure the smooth disposal, the bank wants you to provide two suites.

Your second question is: You have two suites, but one of them has a mortgage. You want to use a mortgage without a mortgage. Is it okay? The unsecured one is written in your father's name.

As long as the property rights in your father's name are clear, it is ok to apply for a loan with your father's property as collateral.

Your third question is: the price of the same house in your community is generally around 550 thousand. How much money can you borrow at most?

According to the bank's mortgage rate requirements, the maximum amount you can borrow is 70% of the appraised value of the real estate (about 380,000 RMB).

However, due to the limitation of your entrepreneurial project (loan use), if your entrepreneurial project needs 654.38 million yuan, you can only borrow 654.38 million yuan. If the funding gap of your venture project is 500,000 yuan, the amount you can apply for a loan is 70% of the appraised value of the mortgaged real estate (about 380,000 yuan).

I hope I can help you.