Buying a house with zero down payment is risky, and the purchaser will pay the down payment within a certain period of time. Developers will also charge a certain fee, most of which is zero down payment, and developers will require buyers to pay off all down payment of mortgage loans within one year.
Buying a house with zero down payment does not mean that buyers do not have to pay down payment. It is really the developer or real estate agent who pays; Probably fraud to raise housing prices; Get more loans from the bank to get a down payment. The important point is that zero down payment does not conform to the relevant policies of the state and banks. Accept zero down payment; Customers who need to borrow money from the bank to buy a house.
Developers privately accept zero down payment; There is no strict policy requirement in the State Council that the down payment ratio of the first set of housing loans is not less than 30% and the down payment ratio of the second set of housing loans is not less than 60%; Violated the national policy. At the same time, because the lender did not actually pay the down payment.
What are the risks of buying a house with a down payment?
Banks strictly prohibit 0 down payment to buy a house. According to Article 2 of the Notice of the People's Bank of China on Regulating Housing Finance Business, the management of individual housing loans is strengthened, and it is forbidden to issue "zero down payment" individual housing loans. The People's Bank of China reiterated that commercial banks should strictly assess the actual value of the collateral and go through the mortgage registration procedures when issuing personal housing mortgage loans.
The ratio of the loan amount to the actual value of the collateral (loan-to-deposit ratio) shall not exceed 80%, and it is strictly forbidden to issue "zero down payment" personal housing loans to borrowers. Many people don't know this rule, so when you sign a 0 down payment contract with a third-party company, you may not get a loan from the bank. Not only can you not apply for a down payment loan, but you can't get a house loan.
Because the bank strictly checks the source of the down payment and sees that your down payment is 0, it will not give you a loan. Increase the monthly payment burden. Buying a house with a down payment is generally a person with temporarily poor economic conditions or a young person without savings. Since the source of 0 down payment is a third-party loan, all of them bear interest, and it is required to pay off the down payment within a period of time.
Therefore, the monthly payment within a few years after buying a house is relatively high, which is a great test for the financial pressure of buyers. And even if you are lucky enough to get a bank loan, the subsequent bank may recover the loan in advance if it finds that the down payment is 0 during the re-inspection. Once the mortgage pressure increases, it will affect the quality of life and may collapse because of insufficient repayment ability.
In the face of endless fancy promotions at the end of the year, don't be carried away by discounts, buy a house calmly and rationally, and learn to distinguish between real price cuts and real routines.