Banks will still lend money to real estate developers. The information that banks no longer lend to real estate developers is a misunderstanding. People have the misconception that banks don’t provide real estate loans, mainly because this year’s lending policies are indeed very strict. In addition, the loan speed is indeed much slower than before. In the past, it could basically be done in the same month or the following month. In addition, there are too many negative voices about real estate this year. There are problems with real estate companies, falling housing prices, and construction suspensions. To sum up, it means to everyone that the real estate industry is in trouble and banks will no longer provide housing loans.
Conditions for bank loans
1. Must be a natural person with full capacity for civil conduct;
2. Have a permanent urban residence or valid residence status;
3. Have a stable career and income, good credit, and the ability to repay the principal and interest of the loan;
4. Some banks will require applicants to apply for a credit card from the bank or apply for a credit card from the bank. Have taken out a loan and have a good credit record;
5. Some banks also require a work mortgage or pledge recognized by the bank, or a unit or individual that meets the prescribed conditions and has the ability to repay the loan and bear the principal and interest. Guarantor with joint and several liability.
Bank loan procedures for buying a house
1. Understand the loan conditions
Although many friends around me bought their houses through loans, due to the lender’s Depending on the conditions, the results of applying for a loan are also different.
After everyone decides to take out a loan to buy a house, they should first find out the loan conditions from several banks to ensure that they can successfully apply for the loan.
In addition, we should also pay attention to the issue of loan limit. Before taking a loan, everyone must have a figure for their loan limit, so as to avoid the situation of insufficient loan limit and unable to collect the down payment everywhere.
2. Select real estate
After ensuring that they meet the bank loan conditions, home buyers can start to choose a house. If the home buyer learned about the real estate information through some advertisements, he must It should be noted that advertisements are generally exaggerated, and it is necessary to see the property on the spot.
When viewing a house at the sales office, buyers must pay attention to every word the salesperson says. If they don’t understand something, they must ask questions on the spot and never trust the salesperson completely.
3. Pay a house purchase deposit
Many people have misunderstandings about the house purchase deposit. In fact, the house purchase deposit is not a necessary step in the process of purchasing a house. A habit passed down.
Be careful when paying a deposit for a house. Once the deposit is paid, it is binding on both parties. Don’t just treat the deposit as a verbal agreement. You must sign the deposit. protocol.
4. Sign the contract and pay the down payment
After paying the deposit, the home buyer can prepare the down payment first. Before that, everyone must understand their loan amount and down payment ratio. You have to be aware of everything.
When signing a house purchase contract, buyers should pay attention to the contents of the contract. The contract generally includes the area, unit price, total price, building, floor, unit and household number of the house. Some friends will not only sign the house purchase contract, but also have supplementary clauses. Generally, the supplementary clauses include unexpected situations after the house is handed over. Division of responsibilities and handling methods.
5. Submit a loan application
After the buyer and seller sign the home purchase contract, they can start the loan procedures. When applying for a loan, the home buyer must submit some corresponding materials. The bank The required loan information mainly includes income certificate, marriage certificate and other materials. If friends are not clear about the specific requirements of these materials, they can also consult the lending bank in detail.
6. Sign a loan contract
After waiting for the borrower’s loan application to be approved, the bank will notify the borrower to sign the loan contract. Generally, the borrower’s loan application will be approved. After passing, you need to open an account at the bank, get a debit card and sign a loan contract.
After the borrower completes the relevant procedures, the bank will transfer the loan to the developer's bank supervision account at the bank at one time as the purchase price of the home buyer.
Later-stage borrowers only need to repay the loan on time and fulfill the obligations stipulated in the loan contract.