Legal Subjectivity:

Buying a house with a bank mortgage loan is currently the most important transaction method for buying and selling commercial housing. However, due to the influence of the buyer’s personal factors, not every loan can be successfully granted. Therefore, once a buyer decides to buy a house, he must comprehensively analyze his personal situation, such as personal credit, personal actual financial situation, long-term repayment ability, etc., to avoid unexpected situations that may arise during the house purchase process. According to Article 23 of the "Interpretation of the Supreme People's Court on the Issues Applicable in the Trial of Commercial Housing Sales Contract Disputes": Failure to conclude a commercial housing guaranteed loan contract due to reasons that are not attributable to both parties results in the commercial housing sales contract being unable to continue to be performed. , the parties may request to terminate the contract, and the seller shall return the principal and interest or deposit received for the purchase of the house to the buyer. "Although the law stipulates that if the house sales contract cannot be performed due to third-party reasons, the down payment can be recovered through litigation according to law, but once the litigation is time-consuming and laborious." Therefore, it is recommended that citizens first understand the corresponding bank before buying a house. Loan policies to avoid possible disputes. If the loan to buy a house cannot be approved, communicate with the developer first. If that doesn't work, you can entrust a lawyer. Legal objectivity:

Article 25 of the "General Principles of Loans" If a borrower needs a loan, he or she shall apply directly to the sponsoring bank or the handling agency of another bank. Article 30 The lender must issue the loan on time according to the loan contract. If the lender fails to issue the loan on time as stipulated in the contract, it shall pay liquidated damages. If the borrower fails to use the money as stipulated in the contract, it shall pay liquidated damages. Article 33 of the "Measures for the Administration of Urban Real Estate Mortgage" The registration authority shall review the applicant's application. Where the ownership is clear and the supporting materials are complete, a decision shall be made within 7 days from the date of acceptance of registration whether to register. If registration is not granted, the applicant shall be notified in writing. Article 34 If a real estate with a house ownership certificate obtained in accordance with the law is mortgaged, the registration authority shall record other rights on the original "house ownership certificate" and then the mortgagor will take possession. And issue the "Other Property Rights Certificate" to the mortgagee.