Why do children buy houses for their parents as collateral? Are banks refusing loans because they are old?
If the purchase contract has not been signed, the only option now is to buy a house directly in the name of the child, and the property owner becomes a child. Then the children can borrow money directly from the bank in their own name.
If the children of the loan have had housing loans before, or may borrow to buy a house in the future, it will involve the problem of the second housing loan. According to the relevant regulations, the loan interest rate should rise.
In addition, parents invest in buying a house, but the property right certificate is registered in the name of their children. Will there be property disputes between parents and children, or between brothers and sisters of children?
These are all things that should be carefully considered before making a final decision. It is best for all concerned to reach a consensus in advance and sign a written agreement.