Who said what a second mortgage is?

That is, the house has been mortgaged once and is still being returned. Re-mortgage is called secondary mortgage. One prerequisite is that 1 has obtained the real estate license. 2 Mortgage loan has residual value before real estate deduction. If the previous mortgage loan amount is far less than the property value, for example, the property value is 6.5438+0 million, only 6.5438+0 million is mortgaged, and there are more than 900,000. Secondary mortgage can only use the residual value as collateral value, and general bank loans will be discounted, such as 60% off. You can only mortgage 90 times 0.6, which is 540 thousand. In case of two mortgage, it is best to make additional mortgage loans in the same bank.