First, how do retirees borrow money to buy a house? 1. Retirees who want to borrow money to buy a house should take their children or their spouses as the owners of the house they buy, and both parents or one of them is the same borrower as their children, and then apply for a mortgage from the bank. For retirees, it is through the children who participate in the housing provident fund to make loans, withdraw the housing provident fund of retirees or repay the loan with pensions. Many borrowers think that they have paid social security and provident fund, and even some borrowers think that they can apply for loans with their ID cards. When banks or lending institutions apply for loans, they will require borrowers to meet certain acceptance conditions, the most important of which is to have a stable job and income, so as to reduce the risk of lending by lending institutions. 3. Banks have certain autonomy and generally do not apply for approval. However, if retirees start their own businesses after retirement and become business owners of the company, then banks will dispel their concerns about repayment ability and reconsider loan approval. The required information is ID card, household registration book, marriage certificate, income certificate and bank account (provided by married couples). Submit the information to the bank for approval, and the bank will inform you to lend money after the approval. Second, the requirement for retirees to borrow money to buy a house is 1. See if the age exceeds the standard. According to the regulations of the bank, the age of the borrower is generally between 18 (inclusive) and 65 (inclusive). In other words, if you are over 65, you can't apply for a loan. Too old, in addition to the weakening of earning ability and repayment ability, individuals also need to prepare certain health expenses. These factors will greatly reduce the repayment ability. Due to the risk of borrowing, retirees need to go through strict age threshold screening to apply for loans. 2. See if there is a pension. Some financial institutions have specially launched loan products for retirees, but in order to successfully apply for loans, in addition to meeting the age requirements, there is also a pension that cannot be ignored. Whether there is a pension or not and how much it is will have an impact on your loan application. Retirement pension is also an important proof to ensure repayment ability. Excluding the basic monthly expenses, the more you save, the stronger your repayment ability. 3. See if there is any collateral. Of course, in addition to the form of credit loans, you can also apply for mortgage loans. Suppose you have a real estate or a car as collateral, you can still get a loan. However, the procedures may be relatively cumbersome and the loan period will be longer. Third, retirees should pay attention to the loan to buy a house 1. Do not use the provident fund before the loan. If the borrower withdraws the balance of the provident fund savings to pay the house payment before the loan, then the balance of the provident fund in your provident fund account is zero, and your provident fund loan amount is also zero, which means that you cannot apply for a provident fund loan. Don't repay the loan in advance within one year. According to the relevant provisions of provident fund loans, part of the prepayment should be made one year after the loan is paid off, and the amount you return should exceed six months. Don't forget to find the bank around you if you have difficulty in repaying the loan. When the repayment ability declines during the loan period, don't insist on it yourself when there is difficulty in repayment. ICBC customers can apply to ICBC for extending the loan term. After investigation by the bank, ICBC will accept your application for extending the loan term, and there is no default of principal and interest. Don't forget to inform the rental obligation after the loan. When renting a mortgaged house during the loan period, the lessee must be informed of the mortgage facts in writing. Don't forget to cancel the mortgage after the loan is paid off. When you have paid off all the loan principal and interest, you can go to the district or county real estate trading center where you lived before to cancel the mortgage with the bank's loan settlement certificate and other real estate rights certificates of the mortgaged property. Don't lose the loan contract and IOUs. Applying for a loan, the loan contract signed between the bank and you, and the receipt are all important legal documents. As the loan takes a long time, as a borrower, you should take good care of your contracts and IOUs.

Legal objectivity:

Interpretation of the Supreme People's Court on Several Issues Concerning the Applicable Law in the Trial of Disputes over Commercial Housing Sales Contracts Article 19 The commercial housing sales contract stipulates that if the buyer fails to conclude a secured loan commercial housing sales contract, the other party may request to terminate the contract and compensate for the losses. If the commercial housing secured loan contract cannot be concluded due to reasons not attributable to both parties, and the commercial housing sales contract cannot be continued, the parties may request to terminate the contract, and the seller shall return the principal of the purchase price and its interest or deposit to the buyer.