A complete purchase contract cannot be mortgaged. Specifically, if you want to apply for a mortgage loan, you must have a real estate license. The law stipulates that the full purchase contract cannot be used as collateral to apply for mortgage loan. Since it is a full purchase, it is necessary to apply for a real estate license as soon as possible and go to the bank to apply for a loan with the real estate license. Therefore, if you only have a house purchase contract, you can't apply for a mortgage loan, and you must have a real estate license.

legal ground

Article 394 of the Civil Code of People's Republic of China (PRC) guarantees the performance of debts. If the debtor or a third party mortgages the property to the creditor without transferring the possession of the property, the debtor fails to perform the due debt or the creditor has the right to receive priority compensation for the property.

The debtor or the third party specified in the preceding paragraph is the mortgagor, the creditor is the mortgagee, and the property that provides guarantee is the mortgaged property.