Two limited houses can be mortgaged. Although the two-bedroom house is a price-limited house issued by the state and the price is relatively low, you can apply for a loan to buy it. Many people buy houses with mortgages, but if you want to buy a two-bedroom house, the application criteria are still very strict. During the mortgage process, the borrower has the right to continue to use the mortgaged house. Once the borrower fails to repay the loan, the lender has the right to dispose of the house as collateral according to law and get the repayment first.

Legal basis: Article 400th of the Civil Code of People's Republic of China (PRC).

To establish a mortgage, the parties shall conclude a mortgage contract in writing.

A mortgage contract generally includes the following clauses:

(1) The type and amount of secured creditor's rights;

(2) The time limit for the debtor to perform the debt;

(3) The name and quantity of the mortgaged property;

(4) the scope of the guarantee.

Article 40 1

The mortgagee and the mortgagor agreed that if the debtor fails to perform the due debt before the maturity of the debt, if the collateral belongs to the creditor, it can only be paid in priority according to law.

What are the conditions for mortgage loan?

1. Borrower 18 years old or older, and the last repayment period is not less than 65 years old;

2. Individuals have a stable job and address in the local area;

3. Provide proof of ownership of collateral, such as real estate license and vehicle driving license;

4. Personal credit information is good, and there is no bad credit record, especially credit card loans overdue or cashing.