What will the bank do if the mortgage is not repaid?

1. The bank will call you first. If you don't return it for a period of time, you may be forced to take back the house for auction;

2. The down payment is paid to the developer and should be in the developer's account. The bank only provides you with loans based on this;

3. When the bank pays the balance of house payment to the developer in the form of loan, the developer completes the sales process. In the future, it will be the loan relationship between the owner and the bank.

According to the national loan policy, buyers need to prepare a down payment of 30% to apply for a loan to buy a house, while buyers need to prepare a down payment of 60% to apply for a bank housing loan when buying a second house.

What are the ways to increase the down payment?

1. Mortgage loan with collateral. Borrowers can mortgage their fixed assets, get a loan, and then use the loan to pay the down payment on the house. But you can't borrow too much money to avoid too much debt, so that the house can't apply for mortgage repayment.

2. Down payment by installment. One activity launched by some developers is down payment installment. Installment down payment means that the purchaser pays part of the down payment according to a certain proportion and signs a loan contract, and then makes up the remaining down payment within a certain period of time. The down payment paid by the developer is interest-free, and the customer only needs to sign the relevant contract with the developer, stipulating the installment repayment time and related liability for breach of contract.

3. Choose credit card installment payment. You can apply for a credit card, and you can overdraw when you make a down payment. You should know in advance whether the bank allows down payment. After you pay the down payment on the house with a credit card, remember to repay it on time, which will not cause overdue repayment, otherwise it will affect your application for a house loan in the future.

4. Choose non-bank institutions to apply for loans. At present, there are many non-bank institutions that can provide down payment loans for houses. You can apply for a loan from these financial institutions to pay the down payment on your house. At present, there are similar products on the market, some are cooperation between sales companies and banks, some are self-raised loans by sales companies, and some are popular P2P platform products (find people who are willing to contribute through the platform and then lend them to buyers).

What should I do if I can't get the mortgage?

Hello, there are only the following ways to solve your situation: 1, terminate the contract.

According to the loan contract, if the borrower expects to repay a certain number of times, the lending bank has the right to terminate the contract.

2, bear the responsibility for breach of contract

If the borrower "stops paying", it needs to pay all the loan principal and interest, default interest and compound interest, as well as all legal fees and attorney fees.

3, auction sale of real estate

If the borrower takes the most mortgaged property as the guarantee, then the bank can auction or sell the collateral. If the loan bank fails to repay the loan after repeated reminders, the proceeds will be used to repay the loan principal and interest first.

4. The Employer shall bear joint and several liability for guarantee.

If the developer is the guarantor of the borrower, then it will bear the corresponding civil liability.

I hope my answer is helpful to you.

What if the loan can't afford to buy a house?

I. Suspension of repayment

If the property buyers are unable to pay the mortgage in a short time due to economic problems, then everyone can apply to the bank for "deferred repayment". However, it should be noted that the suspension of repayment only refers to the suspension of repayment of principal, and the loan interest still needs to be paid to the bank on time.

Usually this method can effectively reduce the repayment pressure of buyers, but it is very uneconomical for borrowers. Because everyone needs to know, when you apply for suspension of repayment, how long the application will be suspended, how long the loan period will be extended, and you need to pay interest on time for the extra time.

Only suitable for solving urgent needs. If you want to use this method for a long time to relieve the pressure of repayment, you will actually lose more money. If applying for suspension of repayment still can't solve the problem of "difficult repayment", then everyone can only choose to change hands, at least to make themselves debt-free.

Second, extend the loan term.

Some home buyers feel that their financial situation is good when buying a house, and there is no economic pressure, so they want to shorten the loan period, which can reduce the loan interest. However, this kind of property buyers did not take into account various factors that may occur in the future. When buying a house, it is no problem to repay the mortgage according to the family income. However, after a few years, if there is a decline in income or major changes, it is likely to cause insufficient repayment ability. At this time, you can apply to the bank to extend the loan period.

After the extension of the term, the monthly repayment amount that everyone needs to pay will be greatly reduced compared with before. After the reduction, everyone should be able to pay the monthly mortgage amount without bringing great economic pressure to the family. However, everyone should pay attention here. After extending the term, it means that the loan term will become longer and the interest will go up.

Third, apply to the bank to lend out the mortgage that has been repaid, and the interest rate is higher than the mortgage interest rate.

Four, if it is really unable to continue to repay, with the consent of the bank, the house can be transferred and sold, and the proceeds will be returned to the loan, and the new buyers will fulfill their repayment obligations.

How to solve the embarrassment of buying a house and not being able to pay the loan?

Many friends will encounter the problem of not being able to repay the loan when they borrow money to buy a house. Indeed, this is also a headache from time to time, but in fact we can still deal with this problem through some methods. This paper provides several feasible methods for everyone.

1. Apply for extension of loan repayment.

If you can't repay the loan in time, you can apply to the bank in writing to extend the loan period, then sign the relevant agreement, go through the formalities and successfully apply for deferred repayment. However, it should be noted that there is only one application opportunity, and the total loan period and extension period cannot exceed 30 years, so it must be fully considered before applying for extension.

2. Transfer or sell the house.

Because the house has been mortgaged to the bank before, it is necessary to obtain the consent of the bank before transferring or selling the house. Although this method will bring some losses to the borrower, it is also a way to deal with the inability to repay in time.

Step 3 auction real estate

Banks auction real estate. After deducting the arrears, the remaining amount will be refunded.

As can be seen from the above, although we can solve the repayment difficulties in some ways, in the final analysis, these ways have brought us some losses. Then, what measures can be taken to alleviate the repayment pressure and try to avoid non-repayment?

1. Reasonable choice of repayment method

Appropriate repayment methods can effectively alleviate the repayment pressure. For example, for people who have just started to work and have a poor economic foundation, choosing the method of equal principal and interest will reduce the amount that needs to be paid back every month and make it easier on the whole.

Step 2 cut down on living expenses

People who borrow money to buy a house must make it clear that part of their monthly income must be set aside to repay the loan, so they must have a plan for their daily consumption and must not spend money indiscriminately.

3. Learn to manage money

During the repayment period, you should learn to allocate your property reasonably and have a strict and cautious expenditure budget, so as to coordinate all expenses including repayment of loans and truly achieve comfortable living consumption.

I hope these suggestions will be helpful to everyone, and I wish all my friends a smooth repayment on time!

What should I do if I can't afford the house loan?

1. The longest extension period of mortgage application shall not exceed the original loan contract period. If the bank agrees, the maximum extension can be 1 year. The specific situation is that the loan extension shall not be lower than the original loan conditions: the short-term loan extension shall not exceed the original loan term, the medium-term loan extension shall not exceed half of the original loan term, and the long-term loan extension shall not exceed 3 years.

2. Malicious overdue bank will auction the house and repay the bank loan with the auction money. Non-repayment of loans means that after taking all possible legal measures and all necessary legal procedures, the principal and interest of commercial banks or other financial institutions can not be recovered or only a small part can be recovered, which is also a loan risk. For the lender, if the loan is not repaid, it also needs to bear a series of responsibilities and consequences. If the loan has not been repaid, and the loan has not been repaid after the execution of the judgment, it can be reported to the Supreme People and entered into the "list of people who have broken their promises", which is also commonly known as the "Lao Lai list", and it is forbidden to travel by high-speed rail.

First, mortgage loan, also known as mortgage loan. Mortgage refers to the documents that the buyer must submit according to legal documents, such as filling out the mortgage loan application form to the bank and providing ID card, income certificate, house sales contract and guarantee. After passing the examination, the bank promised to issue loans to the buyer.

Second, according to the house sales contract provided by the buyers and the mortgage loan contract signed by the bank and the buyers, the real estate mortgage registration and notarization will be handled, and the bank will directly transfer the loan funds into the bank account of the selling unit within the time limit stipulated in the contract.

Third, the participants in mortgage loans, including commercial banks that provide credit funds, property buyers who eventually purchase real estate, and property owners (including developers/second-hand housing owners), also need to evaluate the participation of companies and mortgage guarantee companies when applying for loans.

Four, in order to avoid the mortgage risk, the general bank needs the borrower to provide a guarantee certificate issued by a legal person, other economic organizations or natural persons with sufficient compensation ability. If you can find friends or relatives who are willing to provide guarantees and have financial strength, you can issue written documents and credit certificates for the bank.