1. The developer’s reasons.
When you buy a new house, many procedures are handled by the developer. If the developer fails to confirm the mortgage loan bank and fails to submit mortgage loan materials in time, the bank mortgage loan will not be processed. . Of course, such cases are relatively rare. Developers want to make money by selling houses, and no one wants their customers to be unable to get their loans.
2. Bank reasons.
Although banks can now handle a variety of loan methods such as commercial loans, provident fund loans, and portfolio loans, there are also some banks that dislike portfolio loans because their loan interest rates are limited and the processing procedures are complicated.
3. Reasons for home buyers.
Most of the reasons why the loan cannot be processed lie with the borrower. For example, the borrower fails to provide materials in time, or provides incomplete materials, or provides false materials, resulting in the bank mortgage being unable to be processed; personal income certificate, bank statement There are problems such as not meeting the bank's loan conditions; personal credit problems of the lender, etc.
What should I pay attention to when purchasing a home loan?
1. When purchasing a home loan, you need to pay attention to the bank’s understanding of the relevant situation and apply for the relevant required information to apply for a personal housing loan. The bank will then review the home buyer and determine the loan amount. Then for the next step of handling the loan contract, the bank will handle the insurance, and then handle the property mortgage registration and notarization. The rest is for the bank to issue the loan and the borrower to cancel the registration after monthly repayments and repayment of principal and interest.
2. The information and procedures we need to apply for a home purchase loan are as follows: household registration book, marriage certificate, ID card, income certificate, bank statement, home purchase contract (if married, provide information on both husband and wife) Conditions: As long as there is Stable income and bank statements. Bank statements only need to be provided every month. The monthly income on the income certificate needs to be twice the monthly payment. Generally speaking, home purchase loans need to be noted that they cannot be overdue three times in a row or six times in total within two years, and this is considered on a household basis.
What are the conditions for a home purchase loan?
1. To purchase a house with a loan, the price of the house purchased must basically meet the assessed value of the lender or its designated real estate appraisal agency; if you purchase a house with a loan, you will not receive a home purchase subsidy. A deposit or cash of no less than 20% of the total price of the house purchased shall be used as the down payment for the purchase of a house; if a house purchase subsidy is provided, a deposit or cash of 20% shall be used as the down payment for the house purchase;
2 . To buy a house with a loan, you need to have a local permanent residence or valid residence status (ID card, household registration book, military ID, temporary residence permit, etc.); to buy a house with a loan, you need to have a stable career and income; to buy a house with a loan, you need to have good credit and the ability to repay the principal and interest of the loan on time;
3. A loan to buy a house requires an asset approved by the lender as a mortgage or pledge; or when the borrower cannot provide a full mortgage (pledge), the loan must be approved by the lender and meet the prescribed conditions and have sufficient repayment ability. The unit or individual acts as the guarantor for the repayment of the principal and interest of the loan and assumes joint liability; a loan to purchase a house requires a contract or agreement for the purchase of the house or relevant approval documents.