1, it must be the first home loan. If you want to enjoy a low down payment ratio of 20%, the property you need to buy is the first self-occupied house. The common ways to identify the first house are as follows.

How to decide whether to be the first suite depends on local policies.

2. If the housing area requires that the housing area is less than 90 square meters, the house has the opportunity to enjoy a 20% down payment ratio.

If the housing area exceeds 90 square meters, the minimum down payment ratio is generally 30%.

3. Meet the requirements of mortgage application. To apply for a mortgage, you need to meet the following conditions.

(1) The applicant has good credit.

Applicants are required to have good credit and no record of non-performing loans on the credit report. If there are overdue records in the credit report, it may lead to high loan interest rate, short loan term and even direct rejection of mortgage.

If you apply in the name of both husband and wife, you need both husband and wife to have good credit.

(2) The loan age meets the requirements.

Generally speaking, men are required to be between 18-65 years old, and women are required to be between 18-60 years old. The applicant must have full capacity for civil conduct and can provide legal identification materials.

(3) Good repayment ability.

Applicants are required to have a stable job or a legal and stable source of income, and have the ability to continue to repay loans. Generally, proof materials such as income certificate and bank running water are needed.

(4) You can pay the down payment in one lump sum.

Need to use self-raised funds to pay the down payment in one lump sum, and submit proof materials such as invoices or receipts for the down payment to the bank.

(5) There are additional requirements for provident fund loans.

For provident fund loans, the applicant must continuously deposit the housing provident fund for more than 6 months (including some areas 1 year and above), and the balance of the provident fund account is required to be sufficient.

If both husband and wife apply at the same time, both husband and wife need to meet this condition.

(6) The loan information is complete.

The information to be provided includes but is not limited to.

Copy of the original ID card of the individual or husband and wife, household registration book, proof of marital status (such as marriage certificate, divorce certificate, unmarried certificate), salary table, income certificate, loan contract, down payment receipt, my bank card, house mortgage commitment letter, bank housing mortgage loan application approval form, etc.

(7) Other conditions required by the lending bank.

It should be noted that the down payment ratio of mortgage is 20%, which is usually more common in housing provident fund loans.

For commercial bank loans, most of the minimum down payment ratio is 30%.

For those who are not very clear about their online loan big data, they can view their online loan big data information through "Pinecone Check". This database cooperates with more than 2,000 online lending platforms, so the queried data is very accurate.

Extended data:

I can't afford the mortgage, but I don't want a house. Can the down payment be refunded?

The mortgage is still not paid, even if you don't want a house, the down payment you paid before can't be refunded.

It should be noted that in the face of the inability to repay the mortgage, if the arrears are too long, after repeated reminders, they still do not respond or even contact, and the bank is likely to sue. At that time, the court is expected to enforce it, seal up the property for auction, and then use the proceeds from the auction to pay off the arrears.

If there is any surplus after compensation, the remaining money will be returned to.

If the auction proceeds are not enough to pay the arrears, not only will the house be gone, but you also need to bear the repayment responsibility and continue to repay the remaining loans.

I suggest you form a good habit of paying back on time. You really don't have the ability to repay, so don't just evade paying back the money. In order to avoid being sued by the bank and the house being taken away by the court, you can take the initiative to contact the customer service of the bank to make it clear that you really have no repayment ability, and then try to apply for an extension of the repayment period and repay the arrears in installments.