Non-transaction mortgage loan refers to a commercial loan in which an individual transfers the loan balance secured by buying a house in a bank to his loan account in other banks and pays the principal and interest to the bank on schedule. What does it mean to transfer a mortgage loan without a transaction? Many property buyers don't quite understand. Let me answer your question.

Non-transaction mortgage loan refers to a commercial loan in which an individual transfers the loan balance secured by buying a house in a bank to his loan account in other banks and pays the principal and interest to the bank on schedule.