If the mortgaged house needs a second loan, the customer can bring his personal ID card, proof of residence (household registration book, utilities, etc.). ), proof of work income (work permit, bank running water, etc. ), household assets and financial resources (large deposit certificate, automobile driver's license, etc. ) and property certificate, and go to the bank or formal loan company to ask for these materials.
However, if you want to apply for a bank, it should be noted that some banks do not support secondary mortgage. For example, China Merchants Bank does not accept the second mortgage, and the mortgaged property cannot be used as collateral to apply for a loan again (specifically according to the regulations of the local branch).
In addition, to apply for two mortgage, the following conditions must be met:
1, the house must be an existing house, and it is a residential or commercial house with great market development potential;
2. Real estate has surplus value and clear property rights;
3. The borrower has a stable income source and sufficient repayment ability;
4. Personal credit is good and there is no interest default.
What we need to note is that the amount that can be made by two mortgage of mortgaged houses is generally: house value × mortgage interest rate-original loan principal balance. Among them, the mortgage rate of housing mortgage secondary loans generally does not exceed 70%, and the mortgage rate of commercial housing secondary loans generally does not exceed 50%.
What is the interest rate for the second home loan?
The second mortgage bank expects the annualized interest rate to be around 8%-9%. For example, Guangfa Bank and Minsheng Bank are one of the few banks that can handle housing in two mortgage. The loan term is 65,438+0-3 years, and the combined mortgage ratio (the ratio of the total amount of two outstanding loans to the value of the property) does not exceed 60%. Lending within 65,438+0-3 months. If the time requirement is not very strict, you can consider it.
The expected annualized interest rate of the pawnshop in the secondary mortgage is the monthly management fee. The term is 5 days to 6 months, and the maximum amount of two mortgages is 70% of the residual value of the house. The loan will be released within 7 days. People who are pressed for time can consider it.
The comparison is to go to a third-party loan company. The loan company's second mortgage is expected to have an annualized interest rate of less than 2% per month. The term is 6- 12 months, the combined mortgage rate is 70%, and the loan is released within 15 days. No matter which point, it is satisfactory and will not be useless.
How to refinance a mortgage house
When you apply for a loan from a bank, you don't need to withdraw money or pay interest. Recently, this business has become a new bright spot in the mortgage market. Then, how to refinance the mortgaged house? What is the refinancing process of the mortgaged house? Let's take a look with Bian Xiao.
First, how to refinance the mortgaged house?
1. There are three ways to refinance the loan. One is to make a second loan according to the monthly repayment amount of the mortgage. Mortgage repayment can be 50 times the monthly repayment amount within three years, and 80 times after three years.
2. Second, you can pay interest first and then principal, and pay interest instead of principal every month. It is relatively simple to increase the weekly rule of funds.
Third, if the mortgage has been repaid for several years and the property has increased in value, you can settle the house loan at this time. Then go to the bank to apply for a mortgage loan, which can increase part of the loan amount.
Second, the mortgage loan process
1. The borrower needs to submit a written loan application and provide the supporting materials involved in the information. Such as real estate license, original ID card, proof of marital status, proof of income, etc. The bank will decide the loan amount and repayment method according to the supporting materials provided.
2. The buyer and the seller need to open an account in the loan bank, and the buyer will deposit the down payment into the designated account.
3. After being approved by the lending bank, the borrower may sign a contract with the bank. Then go through the formalities of house transfer and insurance.
4. Hand over the completed property certificates, insurance policies and other property certificates to the bank for mortgage. After all the formalities are completed, the bank will transfer the loan amount to the opened account. According to the transfer authorization, the loan will be transferred from the borrower's account to the seller's account
Editor's summary: How to refinance the mortgaged house? As well as the mortgage refinancing process, I believe everyone has some understanding after reading the article. I hope the above contents can bring you some help and suggestions. If you need more relevant information, please continue to follow us.
Is it 4% expensive for CCB to mortgage the second home loan? What are the conditions for a second mortgage?
Buying a house loan is nothing new. Many people choose CCB loans when buying a house. However, you need to know the interest before lending. The interest of the first loan is different from that of the second loan, and the required conditions are different. Then, is it expensive for CCB to mortgage a house with a second loan of 4%? What are the conditions for a second mortgage?
Buying a house loan is nothing new, but the loan interest of different banks is different. China Construction Bank is one of the four major banks, and many people choose CCB loans when buying a house. However, you need to know the interest before lending. The interest of the first loan is different from that of the second loan, and the required conditions are different. Then, is it expensive for CCB to mortgage a house with a second loan of 4%? What are the conditions for a second mortgage?
Is it 4% expensive for CCB to mortgage the second home loan?
Many people choose to borrow money from banks to buy houses. Under normal circumstances, if it is a second mortgage, they need to pay off the previous mortgage and then apply for a mortgage in the bank. However, you may find a loan from a professional loan company. The second loan is almost 4%, and some are 5%. This specific interest can be consulted with the local loan company.
What are the conditions for a second mortgage?
1. The applicant must have a company in normal operation. The business license has been registered for 1 month, and the company has no laws.
2. The applicant's personal credit information is good, and he can accept a few strokes, but he can't get used to it. The number of times in the past two years can't exceed six.
3, the name can not have, there is a need for special communication.
4. The applicant is 20-57 years old.
5. The room age cannot exceed 30 years.
6. The applicant has certain repayment ability and work information in Shenzhen.
7. The applicant's loan amount is more than 500,000 yuan, and the bank below 500,000 yuan will not accept it.
The amount of secondary mortgage of real estate is: house value × mortgage rate (70%)- balance of original loan principal.
For example, Mr. Ji has a house with a total price of 6 million. Four years ago, he used this house as a mortgage loan, and there is still a loan of 654.38+0 million yuan outstanding. Mr. Ji didn't use many credit cards, and he didn't expect it. He pays back on time every month. According to the current housing price in Shenzhen, the market value of Mr. Ji's property is about 5 million yuan. Now he is in urgent need of money and hopes to use the property as collateral again. If successful, how much money can he borrow?
According to the previous formula and explanation, the loan amount of Mr. Ji is: 600× 70%- 100 = 320 (ten thousand yuan).
The above articles are all about whether 4% of CCB's second mortgage is expensive or not, and what conditions are needed for the second mortgage. I believe everyone should know something about it. Generally speaking, it is difficult to refinance a mortgaged house. If you choose a second loan, the interest will be more expensive. Of course, many conditions are needed. All the above conditions need to be met, and no one can't get a second loan.
Can I refinance with a mortgage?
Of course, if you have a mortgage, you can continue to borrow it, as long as the income is directly proportional to the expenditure. Of course, if you want to borrow money, the interest will definitely be higher than your mortgage, because the mortgage interest is stipulated by the state and will not fluctuate too much.
If you have a mortgaged house, it is recommended to make a decoration loan. Interest is relatively low, you can go to the local bank outlets for consultation.
The simple and popular understanding of loan is to borrow money with interest.
Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them.
Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out through loans.
It can meet the needs of social expansion and reproduction for supplementary funds and promote economic development. At the same time, banks can also obtain loan interest income from it and increase their own accumulation.