Legal analysis: second-hand housing loans need to be applied to commercial banks. After the loan is issued, it is directly used to pay for the house purchase, and then the buyer repays the loan to the bank in installments. Step 1 Prepare relevant loan application materials such as income certificate. Submitted to the bank for review, the second step is to evaluate the second-hand house, mainly to evaluate the value, and the third step is to pay the down payment of the house and handle the transfer procedures of the house.

Legal basis: Article 671 of the Civil Code of People's Republic of China (PRC). If the lender fails to provide the loan according to the agreed date and amount, thus causing losses to the borrower, it shall compensate for the losses.

If the borrower fails to collect the loan according to the agreed date and amount, it shall pay interest according to the agreed date and amount.