The mortgaged house can be mortgaged twice because the mortgaged house is yours. Moreover, there is no record when you repay the loan, so when you repay the house loan, you get the property right of the house and you can make a second loan. In principle, this operation is no problem, but there are some necessary conditions:

1. The property mortgaged in the bank belongs to me or the company.

2. It can be confirmed in the bank that it can be recovered and the loan with the same amount can be reissued.

3. In the past year, the amount of repayment to the bank should be normal, not overdue, and the credit status should remain good.

Secondary mortgage refers to re-mortgaging the mortgaged property and obtaining loans from specific lenders. The characteristic of secondary mortgage is that you can get a loan again without paying off the previous loan, which saves time and the cost of prepayment.

The second mortgage is a balanced mortgage. According to the provisions of the Property Law, as long as there is a balance in the value of the property after the first mortgage, a second mortgage or a third mortgage can be made.