There is a small financial question. Xiaoming has a property with a valuation of 1 10,000 (assuming that the bank's valuation is above 1 10,000), and now he wants to sell it. Xiao Wang is.

Mortgage loans cannot be used to buy a house. Housing mortgage loan has a wide range of uses, which can be used for business and consumption, such as travel, marriage, decoration and so on. From a certain perspective, buying a house is also a kind of consumption. However, the state stipulates that the loan money cannot enter the real estate market, which is to prevent real estate speculators from speculating through real estate and driving up house prices.

Banks also strictly restrict loan funds from entering the real estate market. In post-loan management, the flow of funds will be supervised. If the borrower uses the mortgage money to buy a house, the bank will recover the money immediately after it finds out. It is suggested that Mr. Zhang and people in this situation borrow money from relatives and friends to pay the full amount of the house purchase. If it really doesn't work, they should apply for a mortgage loan from the bank.

Can mortgage be used to buy a house? The answer is no. In this case, Mr. Zhang Can applied for a loan by other means. Just before applying for a loan, you need to consult the local lending institutions in detail and make preparations for applying for a loan.