1. Ask the reason of mortgage failure.
There are always reasons why the mortgage is not approved, such as poor personal credit information, low work income, insufficient bank card flow, too much debt, doubtful source of down payment, property rights issues and so on. Ask the loan bank for specific reasons, take remedial measures, resubmit the loan application, and conduct the second examination and approval by the bank.
2. Find an open merchant or intermediary to handle it.
If the borrower can't find the reason himself, he might as well find a developer or an intermediary to deal with it, because many real estate developers or housing agents have long-term and stable cooperation with the bank and have a good relationship. Let them contact the bank to see where the problem of mortgage failure lies and whether there are any solutions, and the effect may be better.
3. Change a bank to apply for a mortgage.
The failure of one lending bank does not mean that all lending banks have failed. Different banks have different approval standards for mortgage loans.
Some banks have relatively loose approval standards and lending policies, which will be easier to pass. It will only take more time to apply for a mortgage from another bank.
4. Find a financing guarantee company to handle it.
Although the financing guarantee company does not absorb deposits or directly issue loans, it can provide guarantee for the borrower's mortgage application, that is, when the borrower fails to fulfill the repayment obligation, the guarantee company will assume the guarantee responsibility and repay it on its behalf. Therefore, applying for a secured loan should allow the mortgage to pass smoothly, but it requires an additional guarantee fee.
5. Ask the developer to pay back the money.
If the mortgage fails, you can get back the down payment you have paid, but you can know how much you can get back by just looking at who is the reason for the failure and who is the liability for breach of contract.
If the mortgage fails, it is the borrower's own problem, and you may have to pay a certain penalty, and the down payment cannot be fully recovered.
If the mortgage fails, it is the developer's own problem, such as not having the qualification to sell a house, then you can get back all the down payment and investigate the developer's liability for breach of contract.
To sum up, if the down payment can't pass the mortgage, there are two directions to deal with. First, strive to let the mortgage pass, so as to buy a house smoothly; The second is to cancel the contract with the developer and pay back the money.
There are many high-quality houses and banks in the market, so don't worry about no solution.
Borrowers apply for loans too frequently or operate loans too frequently, which will increase personal credit risk. Just check the personal credit risk index in "Beijian Quick Check". The higher the risk score, the easier it is for the application to be rejected.
Extended data:
Is it the first set of buying a house to pay off the loan and sell it?
Whether buying a house and selling it after paying off the loan is the first set mainly depends on the local housing authority's regulations on the number of houses:
1, admit the house but not the loan: it means that if the local house registration system already has the house registration information, then buying a house is defined as two suites or above.
In this regard, the loan will be sold after it is paid off, and the property cannot be found through the housing registration system. After buying a house, it is estimated to be the first suite.
2. Refusal to lend or deny the house: it means that if the mortgage information has been registered in the bank credit information system, then buying a house again will be defined as a second suite or above.
This situation depends on the record of several loans to buy a house, whether the loan is paid off or not, and whether there is real estate in the housing registration system.
In this regard, after the loan is paid off and sold, the loan record will not be eliminated, so buying a house in the future will not be recognized as the first suite.
3. Recognizing the house and the loan: it means that when buying a house, as long as there is a house or a mortgage record under the name, it is defined as the second suite and above.
In this regard, after paying off the loan and selling it, even if the property can't be found in the housing registration system, the mortgage information can still be found in the bank credit information system, so buying a house later is not the first suite.