What aspects should couples pay attention to when borrowing money together?
1. Prepare the loan qualifications and materials of both husband and wife in advance.
Compared with buying a house with a loan, the materials and procedures required for buying a house with a personal loan are basically twice as much. The materials needed by both husband and wife to buy a house by loan basically include ID card, household registration book, marriage certificate and income certificate of both parties, which are the most needed qualifications for loans. Prepare more copies, so as not to go to the copy shop every time.
2. Discuss the share of houses.
The determination of the main lender does not necessarily mean the division of real estate share. In the process of buying a house with a loan, even if the name of the other party does not appear on the real estate license, it does not affect the ownership of the house. Therefore, in order to avoid disputes in the future, couples should determine the share of property in advance when buying a house.
Both parties were present when signing the contract.
Husband and wife can't come together when applying for a mortgage, but they need to be present at the same time, because the bank will examine their loan qualifications at the same time to a great extent. When applying for a loan, they need to sign a contract, and both husband and wife must sign it in person. It cannot be replaced by others, and this process also protects the legitimate rights and interests of both parties.
4. The choice of one spouse's main lender.
In order to successfully apply for a loan, both husband and wife should discuss it and don't think too much. In fact, this piece mainly involves the qualifications of the main lender, especially personal credit information. Assuming that the man is the main lender, there is a problem with credit information, which will lead to loan difficulties. In addition, the bank will also consider the age and occupation of the lender, and try to choose the party with better credit information as the main lender, so that both husband and wife can successfully obtain bank loan approval.
How to deal with the divorce of couples who buy houses with loans?
If there is no special agreement, the property purchased by the loan after marriage shall belong to the joint property of the husband and wife, and shall be divided equally at the time of divorce. It should be noted that whether an individual pays the house price or both husband and wife jointly pay the house price, whether one party repays the loan or both parties jointly repay the loan, it will not affect the formation of the same property of the house.
If the loan has been paid off at the time of divorce, both parties can share it equally according to the market value, and the market price of the house is subject to the evaluation value of the professional real estate appraisal company. If the loan is not paid off at the time of divorce, both parties shall share the net value of the house equally. The net value of the house is the market price of the house at the time of divorce (subject to the appraisal value of the professional real estate appraisal company) minus the unpaid principal (excluding interest).