If property buyers are unable to apply for a loan after paying the down payment, they can take remedial measures, find out the specific reasons for not being able to apply for a loan, and then resubmit the loan application. If the problem lies in the buyer's own credit, running water and liabilities, it is suggested to increase the down payment and reduce the loan application amount, and then apply for a loan from the bank after the information is fully prepared.

2. Bank for loan change:

Don't bother to go through the loan formalities. If the property buyers do not meet the requirements of the previous loan bank, they can try to change to another bank. Different banks have different loan policies. Just because you can't apply for a loan in this bank doesn't mean you can't apply for a loan in other banks. Each bank has a different degree of strictness in approving loans. Maybe banks with loose lending policies can get loans smoothly. Therefore, when you are refused a loan by the bank or the loan amount is insufficient, buyers can try to change the bank loan.

3. Find a guarantee company:

This situation is more serious. There are some minor problems in the personal credit information of ordinary buyers, which will not have much impact on the loan. If the qualifications of property buyers are really not very good, but they especially want to buy this house, then you can consider looking for a guarantee company to provide loan guarantee for yourself. However, the loan from the guarantee company will generate extra expenses, which is higher than the bank loan, so you should be prepared psychologically.

Can the bank refund the down payment if it does not approve the loan?

If the bank does not approve the housing loan, the buyer can ask the developer to return the down payment.

But whether it is a breach of contract still needs to be judged according to the reasons why the bank does not approve the loan:

1. If the bank refuses to approve the loan due to personal credit problems or other reasons, and the buyer breaches the contract, it needs to pay liquidated damages to the developer, and the compensation amount is in accordance with the contract.

2. If the bank does not approve the loan due to the developer's reasons, then the purchaser does not default, the developer defaults, the liability for breach of contract shall be borne by the developer, and the down payment shall be fully refunded.

If the bank loan is not approved because of the adjustment of national policy, it is a change of situation. For the changes caused by reasons not attributable to both parties, neither the developer nor the purchaser will breach the contract, nor will they be liable for breach of contract.