When applying for commercial housing loans, borrowers generally need to carry valid identity documents, proof of marital status, proof of down payment of not less than 50% of the house price, proof of repayment ability, legal and valid house sales contract, proof of agreeing to use the purchased house as collateral, and so on.
Problems needing attention in purchasing commercial housing by loan
1. Before applying for a personal housing commercial loan, we must first make a general assessment of the family's economic strength, and determine the down payment ratio and loan ratio according to the assessment results. Generally, the amount approved by the bank will be less than or equal to the loan amount you apply for, so in order to avoid buying a house because the loan amount is not enough.
2. Before applying for personal housing commercial loan, we need to calculate the family's future income and expenditure reasonably. It is reasonable because if the actual expenditure exceeds the budget and the actual income is less than the budget, it will affect the personal credit problem. So remind everyone to be careful when making an evaluation budget.
3. Before applying for personal housing commercial loans, we need to pay attention to the maximum loan amount that can be tolerated.
We are concerned about the down payment. Because after buying a house, you have to consider its decoration, configuration and other expenses, so it is best not to spend all the money on hand to pay the down payment, and it is best to leave a little.
We should pay attention to evaluate the value of the house we bought, and then compare it with the amount of your loan. If the house you buy is too old, you can't reach the loan amount. It should be noted that some houses, such as houses auctioned, will not be given loans by banks. Therefore, we must pay attention to these issues before the loan, so as not to affect your purchase plan because of insufficient loans.