The loan has been issued, and home buyers can still check out if they find there are problems with the quality of the house. If you want to check out, you only need to meet the legal conditions for check out, otherwise you will need to pay a certain amount of liquidated damages. For example, this is the case: the developer changes the house planning and design without authorization. You can apply for check-out.
Extended information:
Loan means that banks, credit unions and other institutions lend money to units or individuals who use the money, generally stipulating interest and repayment dates. Loans in a broad sense refer to the general term for lending funds such as loans, discounts, and overdrafts. Banks invest their concentrated currency and monetary funds through loans, which can meet the society's need for supplementary funds to expand reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.
Mortgage, also called personal housing loan. A personal housing loan is a type of consumer loan, which refers to a loan issued by a lender to a borrower for the purchase of an ordinary house for self-use. When a lender issues a personal home loan, the borrower must provide a guarantee. If the borrower is unable to repay the principal and interest of the loan when due, the lender has the right to dispose of its collateral or pledged property in accordance with the law, or the guarantor shall bear joint and several liability for the repayment of the principal and interest.
Loans are intended for natural persons with full capacity for civil conduct. The loan conditions are that urban residents purchase ordinary houses for self-use and have a house purchase contract or agreement, have the ability to repay principal and interest, have good credit, have a down payment of 30% of the funds required for house purchase, and have a loan guarantee recognized by the bank, etc.
Personal housing loans can only be used to purchase ordinary houses for self-use and urban residents to repair or build self-use houses, and cannot be used to purchase luxury houses. Personal housing portfolio loans refer to loans issued to the same borrower for the purchase of ordinary housing for self-use using housing provident fund deposits and credit funds as sources. It is a combination of personal housing entrusted loans and self-operated loans. In addition, there are housing savings loans and mortgage loans.
The borrower should provide the lender with the following information: identity document; proof of the borrower’s family’s stable economic income; a qualified housing purchase contract letter of intent, agreement or other approval document; a list of mortgages or pledges , proof of ownership and proof of the consent of the person with the right to dispose of the mortgage or pledge; proof of mortgage valuation issued by the competent department; written document of the guarantor agreeing to provide guarantee and certificate of creditworthiness of the guarantor; if applying for a housing provident fund loan, a housing provident fund management certificate is required Certification issued by the department; other documents or information required by the lender.