Nowadays, many young people have their own properties, and many young people are also rushing to the owners to end their wandering days. Many people will choose a loan to buy a house, but the time for loan approval is relatively frequent, and there may be cases where the mortgage is not passed. So, will the bank inform the lender? Let's get to know each other.

Will the mortgage be notified later?

Regardless of whether the mortgage application is successful or not, the bank will inform the lender. Usually, the bank will send the application results to the mobile phone number reserved by the lender by SMS, and some banks may also call the lender to inform the lender of the approval results, so you can wait patiently.

If you have opened a loan bank, online banking or mobile banking, you can also log in to check the progress of mortgage approval. However, I would like to remind everyone that the bank will only be responsible for informing the lender of the results, and will not inform the reason for rejection if the audit fails.

Can the mortgage be refunded without a down payment?

Well, it depends.

1. If the developer's house is not qualified for the loan, which leads to the failure of the loan, then the buyer can apply for a refund of the down payment, and the developer also needs to pay a certain penalty for the buyer.

2. If the bank's quota is tight, so the loan can't come down, then the down payment of the buyer can also be refunded in full.

3. If it's the property buyers' problem, then you need to take the responsibility yourself. If the buyer wants to refund the down payment, the developer may charge the buyer a certain penalty. Unless the purchase contract fails to reach the expected amount due to the application for bank loan, or the bank refuses to lend, the purchase can be exempted from liability and the paid amount can be returned. This treaty. Otherwise, check-out will be fined.

That's all. I hope it helps you.