Second-hand housing mortgage refers to the purchase of real estate transactions in the secondary real estate market as collateral, apply for loans to pay the purchase price. Loan business in which the buyer repays the principal and interest to the bank in installments. Second-hand housing mortgage loan requirements 18-65 years old, natural person with civil capacity, stable occupation and income, repayment ability and good credit record.

The two sides signed a house sales contract, applied for a loan, assessed and approved, transferred the house for a loan, and signed a second-hand house mortgage loan contract. After the contract comes into effect, the bank transfers money every month, the buyer repays, pays off the loan principal and interest, and cancels the mortgage guarantee.

Second-hand housing mortgage loans should pay attention to the completion date and loan life. People who are easy to borrow usually ignore the completion year. In the process of loan approval, banks will take the year of completion as the main condition that affects the loan application period of borrowers. At present, the bank's policy is house age+loan period ≤35 years. At the same time, second-hand housing mortgage loans should pay attention to the choice of loan banks.

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