Principle 1: Stay rational and avoid "impulsive consumption"

Buying a house is a big expense in the family, so you must be well prepared. First of all, we should choose the price and size of the house according to our own economic strength. Secondly, when handling bank mortgage loans, we should accurately estimate our economic affordability to determine the loan life. Many people think that the shorter the loan period, the better, and think that this can get rid of the pressure of repayment as soon as possible. However, if it is not considered in combination with its own actual situation, it is likely to be burdened with heavy repayment pressure. Third, don't use all the available assets to pay the down payment. It is necessary to reserve a part of the risk reserve.

Principle 2: Know the economic strength of the developer in advance

There are many pre-sale houses in the market at present. When buying a developer's pre-sale house, buyers need to make a good evaluation. Understand the strength and reputation of the developer, so as to avoid the failure to deliver the property on schedule or other quality problems due to the poor liquidity of the developer, which will cause the buyers to repay the loan without interruption but not to move into the new house smoothly.

Principle 3: Don't pay the "down payment" in a hurry

After accepting the mortgage application of the buyers, the bank will review the loan qualifications of the buyers, and the bank will not lend money if it does not meet the requirements. If you don't evaluate your loan ability and blindly sign a house purchase contract with the developer and pay the down payment, it is easy to cause your own losses. Therefore, before the buyers decide to pay the deposit, they must have an accurate understanding of their credit status, financial ability and income.

Principle 4: Use "provident fund" skillfully

If property buyers are eligible for provident fund loans, they should put provident fund loans in the first place, because the down payment ratio and interest rate of provident fund loans are low. If property buyers use commercial loans to purchase houses, they can also withdraw the provident fund by virtue of the purchase contract or invoice after paying the house price.

principle 5: prepayment has advantages and disadvantages

many property buyers can use the funds to repay the loan in advance if they can pay the remaining balance of the mortgage. However, prepayment has advantages and disadvantages. Generally speaking, because the repayment interest expense is usually concentrated in the initial repayment period, it is cost-effective for borrowers in the initial repayment period to prepay. In addition, property buyers should fully understand the detailed regulations of banks on early repayment before repayment, and the conditions, restrictions and provisions on whether to collect liquidated damages are different for each bank.

principle 6: the term of the loan can be extended

what should the buyers do if they encounter difficulties in the repayment process and cannot repay in time? Although at the beginning of the loan, the property buyers and banks have made corresponding agreements on the loan term and interest rate, but this does not mean that it cannot be changed. Property buyers can propose to change the loan term, and if the loan bank agrees, they can extend the loan. Of course, it should be noted that under normal circumstances, the loan term can only be changed once.

principle 7: don't forget to cancel the mortgage when you pay off the loan

don't forget to cancel the mortgage when you pay off the loan principal and interest. The specific steps are to go to the real estate trading center in the district (county) where the house is located to cancel the mortgage with the bank's loan settlement certificate and the mortgaged real estate right certificate.

principle 8: don't lose the contract

in the process of handling bank loans, a series of materials will be signed. The most important ones include loan contracts and IOUs. Property buyers should take good care of it, especially the loan period can be up to 3 years, which is easy to lose if they are not careful.

(The above answer was published on December 19, 216, and the current relevant housing purchase policy should be based on the actual situation)

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