If the down payment is paid, the remaining balance of the loan will generally not exceed one month. After signing the contract and paying the down payment, the housing developer will go to the property right office for advance notice registration, and then send the information to the bank, or go to the bank by himself. After signing the contract and completing the mortgage registration, the loan can be issued. Therefore, it can be completed in one month, and some housing enterprises are more efficient and can be completed in one week; If you repay the loan in advance, the longer the better, but it is more cost-effective to apply for early repayment after a certain period of time.
When will the balance of the mortgage be paid back?
Final payment time of house purchase loan:
The time for developers to pay the final payment for buying new houses with loans is different, but the time is within three months after the house is repaired. Mortgage loan refers to a loan business conducted by mortgage.
For example, housing mortgage loan is a personal housing loan business in which buyers use the purchased housing as collateral and the real estate enterprises that purchase the housing provide regular guarantee.
The so-called mortgage means that the mortgagor transfers the property rights of the house to mortgage, and the beneficiary acts as the repayment guarantor. After the mortgagor pays off the loan, the property rights involved are immediately transferred to the mortgagor, and the mortgagor enjoys the right to use in this process.
When is the latest time to pay the last mortgage?
Because there are many steps in real estate transaction and the amount involved is relatively large, it is often necessary to pay in several times during the transaction. This is the practice of the real estate industry. Generally, the first part to be paid is the down payment, the second part is the down payment, and finally the final payment of the house. So when was the last payment for buying a house? What is the inquiry method of mortgage progress?
Because there are many steps in real estate transaction and the amount involved is relatively large, it is often necessary to pay in several times during the transaction. This is the practice of the real estate industry. The part that needs to be paid is the down payment, the second part is the down payment, and finally the final payment of the house. So when was the last payment for buying a house? What is the inquiry method of mortgage progress? Learn about it through this article.
When is the latest time to pay the final payment for buying a house?
The latest time to pay the final payment of the house purchase depends on the specific circumstances:
1. If the buyer has paid the house payment before, it usually needs to pay the down payment or the final payment within seven days before applying for a loan. If there are special circumstances, you can negotiate with the sales office.
2. If the buyer buys an auction house or a second-hand house, it is usually necessary to pay the final payment of the house before the latest date stipulated in the purchase contract to avoid default.
What is the inquiry method of mortgage progress?
1. Telephone consultation: No matter banks or other lending institutions, you can call their customer service, and the institutions will have specialized personnel to provide you with consulting services. You only need to provide your identity and loan information, and they will help you check and tell you how your loan approval is progressing.
2. Inquiry in official website: Generally, banks or other lending institutions have their own official website. You can inquire about the progress of loan approval in official website. You can enter your account, find the loan progress query in the function bar, and then click Query to know your loan approval progress.
3. Counter inquiry: Small partners who have enough time can also bring their ID cards and loan bank cards and go to the bank counter or the lobby of other lending institutions to inquire. This is also a very convenient way for staff to help you check the progress of loan approval.
4. Contact the account manager: When applying for a loan, it is usually negotiated by the account manager, and the applicant can directly consult the account manager if he has any questions. So you can directly find the account manager who helped you with the loan and ask him to help you inquire, so that you can quickly know the progress of your loan approval, which is also relatively simple and convenient.
5, APP query; Now many banks and some lending institutions have their own APPs, and there will also be a loan progress inquiry bar in the app. Click Query directly to check their loan approval progress through APP.
The above is the latest purchase price. What is the relevant content of the mortgage progress inquiry method? Every expense in a real estate transaction has a time limit. When signing the contract, these should be clearly written to avoid subsequent disputes. Generally, the final payment is made when the house is handed over. If you apply for a loan, you can check the approval progress in the above way.
How long does it usually take to get a house loan?
About 15 working days.
It takes about 15 working days from application to loan. Buying a house loan, the whole process is about 20 jobs; When looking at the house, the buyer and the seller reach an agreement to pay the house purchase deposit: 1 day; Submit loan application and sign loan contract: 1 working day; Real estate assessment and third party guarantee: 1-2 working days; Bank approval: 5 working days; House transfer, down payment: 1 working day; Pay taxes and get a new real estate license: 4 working days; The bank receives the loan contract and mortgage registration: 3 working days; Bank loan to the seller, property delivery and final payment: 3-5 working days.
What if the mortgage is not approved?
There are many reasons why the mortgage loan can't be done. In practice, different situations are handled in different ways. When trying a contract dispute, the court will generally give priority to the agreement in the contract. Therefore, it is the most important basis to stipulate in the contract who will bear the liability for breach of contract if the loan is not approved.
1, the seller's reason.
In the new house transaction, if the developer sells a house that is not qualified for sale, that is, the developer has not obtained a pre-sale permit or sold an existing house that is not qualified for use, the bank will not approve the loan when reviewing this situation. At this time, property buyers can ask the developer to refund the down payment and deposit, and ask the developer to pay the corresponding interest loss.
In the second-hand housing transaction, if the loan of the house sold by the seller is not approved due to defects or mortgage seizure, or some people have objections, the buyer has the right to get back the deposit and down payment, and the seller can be held accountable.
2. Buyer's reasons.
Bad credit.
If the information provided by the buyer is untrue or the buyer's credit record is bad, the bank will not grant the loan, and the buyer shall be liable for breach of contract.
Unable to pay the house price.
If the time agreed in the contract has passed and the buyer cannot pay the house price, it is a breach of contract and should bear the corresponding liability for breach of contract in accordance with the contract. Unless the sales contract stipulates an exemption clause on this issue, it is difficult for consumers to get a full refund.
break a contract
If you can't refund the full amount, how much money you can refund depends on the agreement in the contract between the two parties. In case of breach of contract, compensation shall be made according to the contract. If the liquidated damages are less than the paid house price, the seller shall return the remaining house price after deducting the liquidated damages to the buyer.
Whether the house can be resold.
Because reselling a house belongs to the transfer of creditor's rights and debts, it is only effective after obtaining the consent of creditors.
Is it possible to agree to postpone the loan?
If there is no agreement in the contract, the initiative to agree to postpone the loan is in the hands of the seller and can be resolved through consultation.
3. Non-buyer-seller reasons.
If the government's policies or bank regulations change, the loans that buyers should get cannot be realized, and buyers should negotiate with developers. If negotiation fails, there is no agreement in the contract. Property buyers can sue to prove that they are not at fault and are really unable to buy a house, and ask the seller to return the down payment and deposit.