I paid a down payment for buying a second-hand house, but what should I do if the loan can't be approved later?
I used to be like this. Nothing can come down. There is really no way to find someone to make a bank package loan. Large amount, low interest rate and interest-free needs can be introduced to you.
What should I do if I pay the down payment for buying a house and the loan cannot be approved?
If the house can't get a mortgage after the down payment, it will be handled according to the reason why it can't get a mortgage. On trial
At the same time, the agreement in the contract will generally take precedence. So, if the loan is not approved in the contract, who will bear the liability for breach of contract?
Regulations are the most important basis. If there is no agreement or the agreement is not clear, it shall be handled according to the following principles:
1. developer's reason: the developer sells houses that are not qualified for sale, indicating that the developer has not obtained the pre-sale permit or sold them.
When selling existing homes that do not have the conditions for use, the bank found that this situation would not allow loans. At this time, buyers can ask for development.
The merchant refunded the down payment and deposit, and asked the developer to pay the corresponding interest loss.
2. Buyer's reason: If the information provided by the buyer is untrue or the buyer's credit record is not good, the bank will not approve it.
Quasi-loans, property buyers should bear the responsibility for breach of contract.
3. Non-seller's reasons: if it is bank reasons, the bank mortgage loan is postponed, the loan amount is reduced or it cannot be processed.
Generally, the two parties will have supplementary contracts or agreements, which stipulate that the buyers will choose or make up the purchase price within a certain period of time.
Housing, otherwise property buyers have the right to terminate the contract; If the house payment is not paid within the time limit, the developer has the right to terminate the contract.
According to the contract, you have to pay liquidated damages to the real estate company and then check out. You can also ask the seller to help you find a relationship and try to approve it.
As long as the down payment is 30% according to the regulations, and the work income can be provided to prove that there is no bad record in the bank, the general loan approval is no problem. As for the down payment, I think it is the overlord clause, so we should consider it carefully before signing the contract.
1. Before the down payment, the real estate developer will submit your relevant information to the bank for inquiry. Unless you have serious credit problems, you will generally pass directly. In addition, the simple point is that as long as you are sure that there is no big problem with your credit information, you can definitely get a loan.
If the developer tells you this, you can go directly to the bank that handles the mortgage to ask about the situation. Did the developer falsely report your down payment or something?
What if the house pays the down payment but the loan can't come down?
Housing mortgage loan refers to a loan that an individual pays a certain proportion of down payment when purchasing a house with property ownership certificate and a house or commercial house that can be traded in the market, and the rest is applied to a cooperative institution with the property to be purchased as collateral.
1. Information required for mortgage loan:
3. The original and photocopy of the ID card and household registration book of the applicant and spouse (if the applicant and spouse are not in the same household registration, a marriage certificate shall be attached);
Original purchase agreement;
1 Original and photocopy of advance payment receipt for 30% or more of the house price;
Proof of the applicant's family income and related assets, including payroll, personal income tax bill, income certificate issued by the unit, bank deposit certificate, etc. ;
The developer's collection account number is 1.
Two. Mortgage loan conditions:
Age 18-65 years old, with full capacity for civil conduct;
Pay a down payment;
Have a stable legal income and the ability to repay interest;
The Borrower agrees to use the purchased house and its rights and interests as collateral;
The purchased second-hand houses have clear property rights and meet the local requirements for entering the real estate market;
The purchased house is not within the scope of the announcement;
Other conditions required by the lending bank.
Third, the process of mortgage loan:
The lender prepares the relevant materials, fills in the loan application in the bank and submits the materials;
After receiving the application, the loan bank shall confirm and review the information;
After the audit, the loan bank contacts the lender and signs the relevant contract;
For bank loans, the lender shall fulfill the repayment obligation.
What if I can't get a down payment loan?
It depends on the specific situation. If it is the developer's reason, the down payment plus the bank's interest for the same period needs to be refunded in full. If it is a personal reason for the property buyer, it is a personal reason that the loan cannot be handled. Developers have the right to charge a certain penalty according to the purchase contract!
In fact, the most reasonable purchase process is to take the husband and wife ID card to the loan bank to check personal credit information before signing the contract. If there is no problem, you'd better go through the loan formalities!
I hope it helps ~
The down payment for buying a car was paid, and the loan could not be approved.
You can try private lending ... it's easier to get.
What should I do if I pay the down payment for buying a house and the loan can't be done?
If your mortgage fails, the purchase contract is regarded as a breach of contract, and after deducting the liquidated damages, you should return the remaining purchase price. But it also depends on the developer of the house you buy. Some may consider letting you cancel the contract and change your name.
No, in order to reduce the loss, you have to find a way to raise money.
What if I can't get a second-hand housing loan?
1, you can't buy a house with another loan except applying for a mortgage. Therefore, the best way to solve the problem of second-hand housing loans is to find out the reasons, then improve and apply after improvement.
2. The reason why the second-hand house can't be built may be the house or the borrower. Some second-hand houses are too old for more than 25 years, so many banks will not accept such houses to apply for mortgages; Another possibility is that the housing area is small, the geographical location is poor, there is no liquidity, and loans will be refused. If the second-hand housing loan can't be done because of these houses, it is recommended that buyers buy another second-hand house.