Information > General articles > Raiders Channel > Mortgage >  text

Can auto loans not pay off bank mortgage loans?

Time: 2017-01-22         Source: South China Fortune Net         Author: Southern Wealth Network

As we all know,Car MortgageAt the same time, lending institutions also required vehicles for mortgages. So, can auto loans not pay off bank mortgage loans?

Mortgage loans refer to loans that borrowers use as collateral to secure loans to banks. It is a form of bank lending, collateral usually includes securities, national bonds, various stocks, real estate, as well as bills of lading of goods, bills of lading or other various proofs of ownership of the documents. When the loan expires, the borrower must return it in full, otherwise the bank has the right to process the collateral as a compensation.

According to Xiaobian, if the borrower’s car loan has not yet been paid off and is currently in the process of repayment, then it is not possible to apply for a mortgage because the loan has not yet been paid off and the vehicle is also mortgaged to the bank. Mortgage registration procedures also cannot handle mortgage loans.

If the lender’s personal qualifications are good, with stable work and income, strong repayment ability and good personal credit, then it may be possible to passPersonal unsecured loansTo get cash flow, unsecured loansLoan amountGenerally about 10 times of the monthly income of the lender, if the lender's personal credit rating is better, then the loan amount will increase.

In addition, because automobiles are consumables and depreciate quickly, even if the lender’s car meets mortgage terms, banks will not easily accept loans in order to control loan risks. For this reason, lenders are better off looking for local private lending institutions. Get a car mortgage loan.

Urgent money? We have reviewed hundreds of modelsMicrofinanceproduct! Concerned about the WeChat public number "look for a small money" (ID: luxiaodai360), replying to "emergency money", in 2017 no longer afraid to borrow money.

【Exclusive Manuscripts and Disclaimer】 All works marked as “Future 360 ​​Original” must be reproduced, excerpted or otherwise used by any entity, organization or individual without authorization in writing. Has been authorized in writing, indicating the source melts 360. Violations of the above statement inflicted violations of the legal rights and interests of 360 will be legally pursued. The materials and conclusions in the work are for reference only and do not constitute operational recommendations. For written authorization, please email:

Comment list (User comments are only for users to express personal views, does not mean that this site agrees with their views or confirms their description)
you may also like
  • After the mortgage of the house, the bank has not approved the loan yet Can it cancel the loan?  As we all know, a good investment project can benefit from the help of funds. When business owners are always aware of the best business opportunities but are undercapitalized, they always want to bet on home mortgage loans in order to inject fresh ideas for business development...
  • Can Credit Loans Repay Credit Funds Again?  Today, when credit loans are in vogue, people have a great deal of affection and do not forget to ask this gentleman for help. The car decoration is indispensable for it to come forward, and tourism training is also indispensable. In this way, in line with the needs of the times, unconsciously, credit loans have...
  • Can Home Mortgages be Entrusted to Others?  Home mortgage loans are relatively cumbersome due to the relatively complicated procedures. For office workers who are often busy with work, they are unable to do anything because they do not have any skills. Therefore, whether the home mortgage loan can be entrusted to others will become a question for many young people. Miss Wang is...
  • Can the previous loan not be repaid Can I apply for a loan again?  Today, when the loans have penetrated into various consumer fields, many people are eager to complete all kinds of consumption through loans, in order to realize the hope of spending tomorrow’s money and doing today’s affairs. For example, at present, many house slaves are eager to join the team of car slaves. But the problem is that this...
  • Can I handle foreign real estate mortgage loans? Question: Melt 360 loan expert, hello! I have a suite in Tianjin, but I want to apply for a mortgage in Beijing. Can I handle foreign real estate mortgage loans? Financial 360 loan expert reply: Hello! Real estate mortgage loans generally need to be handled in the local lending institutions, for example...