1. The original borrower applied to the commercial bank.
2. After examination and approval, the loan bank, the seller and the buyer sign an agreement, and the buyer submits a new loan application to the loan bank.
3. Sign new loan and mortgage contracts.
4. The bank and the seller go to the local real estate management office to cancel the mortgage registration.
5. The bank transfers money to the buyer.
Can the house be mortgaged? You can't handle mortgage refinancing. Usually, if you want to go through the mortgage-to-mortgage formalities, you need to apply to the bank in person, and the bank will generally ask for early repayment. After obtaining the consent of creditors, buyers need to sign a new loan contract with the bank, and go to the bank for mortgage and mortgage procedures. The so-called mortgage transfer is actually to transfer the remaining outstanding loans to new buyers, and this part of the loans will be repaid by the buyers. This procedure must be approved by the bank.
Can the house be mortgaged? You can also transfer the mortgage of the house, but you need to get the consent of the mortgagee when you go through the formalities, that is to say, you must get the consent of the bank. Usually, if you refinance a mortgage, you need to find a guarantee company to guarantee it, and the bank will also ask for early repayment.
The above is about how to handle mortgage loans. Generally, the applicant needs to apply to the bank, and then the seller has to sign a transfer contract with the buyer. Then the buyer will go to the bank to apply for a new loan. After the approval of the bank, buyers need to sign new loan and mortgage contracts with the bank.