With the improvement of living standards and quality of life, many friends have the idea of buying a house. However, it is very common that the down payment for buying a house is not enough. For property buyers, the settlement of down payment is the most important step to implement the purchase plan. So, what if the down payment for buying a house is not enough? Let me give you a few tricks.

With the improvement of living standards and quality of life, many friends have the idea of buying a house. However, it is very common that the down payment for buying a house is not enough. For property buyers, the settlement of down payment is the most important step to implement the purchase plan. So, what if the down payment for buying a house is not enough? Let me give you a few tricks. Come and study.

The trick of 1 is to seek help from relatives and friends.

If you have a good relationship with relatives and friends, you can consider asking them for help. But remember: to borrow money from relatives and friends, we should measure each other's financial situation, sign a formal debit note, and remember to repay when there is more money, so as to avoid disputes and affect the relationship between friends.

Step 2: Seek the support of parents.

Your parents will always be your strong backing. Although it is embarrassing to ask your parents for money after entering the society, you can seek their support when your parents have better economic conditions. But remember: parents just help, not take it for granted. When they have money, they should give it back to their parents and thank them.

Step 3: Resale valuables.

If you have an old car, a house or other valuables at home, you might as well sell them. Generally speaking, unless the gap is relatively large, or when a large amount of funds are really needed, this method may be adopted. The cycle of this cashback method is still relatively long. If you really need to use this method, you must first find a good seller and then buy a house.

The fourth measure is to use the provident fund skillfully.

At present, many companies pay housing provident fund to their employees. If you have a provident fund, you must make good use of it. However, it should be noted that the provident fund cannot be directly used for down payment. You have to pay the down payment yourself first, and then take the purchase contract and invoice to withdraw the provident fund.

Fifth, through policy loans.

If you buy commercial insurance, it is ok to pay the down payment through the policy loan. Moreover, many insurance companies' policies can be loaned, but there will be certain risks and quota restrictions, so you should consult the insurance company. It should be noted that you have undoubtedly added a loan to yourself through the policy loan, so you must measure your repayment ability.

Step 6: Apply for a "salary loan"

For institutions and personnel with relatively stable income, they can apply for "wage loans". In addition to institutions and staff, some enterprises also have similar benefits. This part of the loan can be used for personal consumption and house purchase, and the loan period is generally shorter than 3 years.

Seventh measure, open source and reduce expenditure.

Buying a house should not only reduce unnecessary expenses, but also find ways to see if you can make more money. After all, money is earned, not saved. If there are many ways to make money, the pressure of life may be alleviated, such as funds, stocks, or other financial management methods. If you are sure, you might as well have a try.

The eighth measure is to re-plan the house purchase plan.

If the house price exceeds the budget and there is a lot of pressure after the house is handed over, you can consider re-planning to buy a smaller house or a place with a slightly biased position. In short, buyers should combine their own economic situation to buy a house, so as not to seriously affect the quality of life of the whole family in the future.

Can I get a loan for the down payment?

Strictly speaking, a down payment on a house is not allowed. The down payment is the down payment when buying a house. Buying a house can't be fully loaned. You have to pay part in advance and borrow the rest from the bank. Now the requirement is to pay 30% of the house price. Because considering the repayment risk of the loan, the relevant departments will require the purchaser to provide a part of the down payment, that is, the individual pays a part of the house payment in advance, which proves that you have the repayment ability.

According to the national loan policy, buyers need to prepare 30% down payment to apply for a loan to buy the first suite, and 60% down payment to apply for a bank housing loan to buy the second suite.

What if the payment is not enough?

1, mortgage loan with collateral

Borrowers can use their own fixed assets as collateral to get loans, and then use the loans to pay the down payment of the house, but you can't borrow too many loans, so as not to cause too much debt and the house can't apply for mortgage repayment.

2. Down payment and installment payment

One activity that some developers will launch is down payment by installment. The down payment installment 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 made 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.

The house was paid down, but we can find that there is something wrong with the credit information. Can I get a refund if I can't get a mortgage?

Of course.

Buying a house is not good, and the down payment can be refunded. If it is due to the property buyers, the parties may request to terminate the contract, and the breach of contract requires payment of liquidated damages in accordance with the contract.

In the actual sale of houses, unless the contract clearly stipulates, the down payment cannot be used as down payment and liquidated damages, that is to say, if the house has no credit, the down payment can be refunded.

What if the down payment is not enough to buy a house with a loan? Is there any way to solve it?

Buying a house in Dongguan > What people are most worried about when buying a house is that there is not enough money, so what should I do if I find that there is still money for the down payment? What if the down payment is not enough to buy a house with the loan below? In what way? I'll tell you what to do!

What if the down payment is not enough to buy a house with a loan?

1, the most convenient and simple way is to borrow money from relatives and friends.

The most convenient and simple way is to borrow money from relatives and friends. Buying a house is a major event in life. If relatives and friends are willing to support it, it is the best thing. So if you are short of money for down payment, you can take the initiative to borrow it from relatives and friends! Of course, property buyers should also pay attention to borrowing money from relatives and friends, and must reasonably measure each other's economic affordability, sign formal loan receipts, and repay on time. This will not cause emotional harm between relatives and friends for economic reasons.

2, the use of collateral mortgage loans

If you have other fixed assets, you can mortgage your other fixed assets to get a loan, and then use the loan to pay the down payment of the house. However, it should be noted that you can't borrow too much money, so as not to cause too much debt and make it impossible for the house to apply for mortgage repayment.

3. Down payment and installment payment

The down payment installment 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 the time stipulated in the contract. The developer pays the down payment 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.

4. Apply for credit loans reasonably.

Applying for a credit loan is also a good way to collect the down payment. If you have a stable job and good credit, you can apply for a credit loan to make up for the lack of down payment. With the development of the financial industry in recent years, the bank credit loan business has been carried out well, and the application difficulty has been much smaller. However, this method is suitable for people with higher income, because after buying a house, not only the mortgage but also the credit loan should be paid, and the pressure of repayment in the later period is relatively high.

5. Liquidate securities.

If you buy funds, stocks, paper gold, etc. You might as well cash these securities to offset the down payment. Although you may lose some income if you are eager to cash in, if you can't borrow money, this is the only way.

If the down payment is not enough, you should know what to do. You can refer to the above methods. Now that house prices are getting higher and higher, you should be cautious in buying a house.

Enjoy the purchase information easily, and pay attention to Dongguan Real Estate Network to bring you more information about Dongguan real estate market.