1. The bank will collect the money first. If it is not returned for a period of time, the house can be forcibly recovered for auction;

2. The down payment is paid to the developer, which should be on the developer's account, and the bank only provides loans on this basis;

When the bank pays the balance of the house to the developer in the form of loan, the developer completes the sales process. In the future, it will be the loan relationship between the owner and the bank.

According to the national loan policy, buyers need to prepare 30% down payment to apply for a loan to buy the first suite, and 60% down payment to apply for a bank housing loan to buy the second suite.