Yes, both the husband and wife and the seller go to the bank for loan approval first. Before the approval, the bank will issue a loan agreement, which is the same loan agreement. Then both parties will transfer ownership. After the house is bought, they will take a new real estate license to the mortgage department of the Housing Authority for mortgage. The mortgage department will issue a certificate of other rights and the bank will take it away. The bank will transfer the money to the account of the seller who has not bought a house and repay the loan every month. You must go this way. A bank is actually a lending institution. As long as they pass the audit, there is no problem with the transfer. You have to sign a contract to go to the bank. The buyer signs a loan contract and the seller signs a collection contract. If not, isn't the mortgage the name of the house? So it is certain to lend it to the seller in the name of the buyer who has transferred ownership.

In fact, it is very simple, just like you go to a developer to buy a house, and the developer is the seller. You pay the down payment, the developer gives you a house loan through the bank, then you apply for a mortgage loan from the developer in your name, and then you don't pay back the bank every month. Developers get the full amount, there will be no developers.

After you get the final payment from the bank, you are just like the developer. The deal is over.

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