If a house that has not yet paid off its loan has obtained a real estate certificate, it can be transferred in three ways.

First, remortgage means selling or transferring a personal house to a third party, and applying for a personal housing loan to change the borrowing period, change the borrower, or change the collateral. This means that the house in the mortgage is A simple and straightforward way of trading.

Second, use the buyer’s down payment to pay off the remaining loan, that is, the buyer pays the seller the down payment, which is generally 30% to 40% of the total transaction amount. The seller can use the buyer’s down payment to pay off the remaining loan. The loan is paid off, the mortgage registration on the property is then cancelled, and the next step in the transaction is carried out. This method is suitable for situations where the original homeowner’s loan amount is low or the remaining loan amount is not large. It is the most commonly used method in current second-hand housing transactions.

Third, use a bank loan to pay off the remaining loan. If the buyer is unwilling to contribute money to help the seller pay off the loan, the seller can choose to use a bank loan to pay off the remaining loan, but the prerequisite is that it must be approved by the bank. of collateral. If the conditions are met, the seller can loan a certain amount of money to the bank through the mortgage to pay off the loan for the transaction house, release the mortgage on the property, and then facilitate the transaction.

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