Down payment for buying a house, not when handing over the house. If a property buyer applies for a bank loan to buy a house, the down payment must be paid before applying for a mortgage. Generally, the buyer must pay the down payment after signing the contract with the developer, and then the developer issues the down payment certificate before the buyer can apply for the mortgage.

What are the procedures for the down payment of buying a house?

1, choose the right house.

Before buying a house, buyers had better go to the sales department to see the house, understand the room type and choose the house that suits them.

2. Sign the house purchase contract and pay the down payment.

If you choose a suitable house, the buyer can sign a purchase contract with the real estate developer. At this time, you need to pay a certain down payment and get a down payment certificate.

Step 3 go to the bank to apply for a loan

Property buyers need to hold down payment vouchers, ID cards, household registration books, purchase contracts, income certificates and other related materials to the bank for housing loan procedures. The bank will review the materials submitted by the loan applicant, and if it is approved, it will sign a mortgage loan contract with it, which needs to specify some rights and obligations information such as the amount, term, interest rate and repayment method of the mortgage loan.

4. Apply for mortgage registration

Property buyers need to go through the mortgage registration formalities with the mortgage loan contract and related purchase materials at the local Housing Authority.

5. Bank loans and real estate licenses.

Finally, after the bank lends money, buyers can wait for the real estate license, but after getting the real estate license, they generally have to go to the bank to handle other warrants, and indicate the words mortgage in the property right of the real estate license.

Matters needing attention in paying down payment for buying a house

1. The Buyer and the Seller shall read the contents of this contract carefully. If they disagree with the contract terms and professional terms, they can consult the local real estate development authorities. If there is no objection, it is deemed that both parties agree.

2. Before signing the contract, the seller should show the buyer the relevant certificates and supporting documents that the seller should provide.

3. The terms of the contract shall strictly abide by the People's Republic of China (PRC) Contract Law, the People's Republic of China (PRC) Urban Real Estate Management Law and other relevant laws and regulations, and the Ministry of Construction of People's Republic of China (PRC) and the State Administration for Industry and Commerce shall be responsible for the interpretation.