Hello, the second-hand house is sold first, and then the bank lends money. The general process of second-hand housing loan transaction is roughly as follows:

1) After signing the loan contract, the buyer and the seller apply for a loan in the bank.

2) After the bank loan is approved, the buyer and the seller, accompanied by the intermediary, take all the materials and go through the transfer formalities at the Housing Authority.

3) After the transfer, the bank will receive the certificate of ownership change provided by the Housing Authority, and then directly lend money to the selling account.

The transfer occurs after the bank loan is approved, that is, the bank has approved the loan and signed a contract, which is legally binding. If the bank feels that there is something wrong with the qualification to buy a house, it will not approve the loan. After the signing of the loan contract and the transfer of the Housing Authority, the contract has come into effect regardless of whether the bank loans or not, and the buyer must pay off the loan if he wants to terminate the contract. Moreover, the collection account is your name, and the money is sent directly to you by the bank without the buyer's consent, which is safe.