Therefore, it is suggested that lenders should first ensure that they are in good condition in the near future and have never seen anything before before before applying for a mortgage. If there is one in the near future, it is very difficult to apply for a mortgage.
In the actual process, it is not uncommon to get a mortgage because of credit information. Therefore, the safest way is to check personal credit in advance. In this way, we can largely avoid the unexpected situation of giving a down payment but not receiving credit. After all, if you are sure to buy a house, the developer will ask you to pay a down payment in a very short time.
Can I get a refund if I pay the down payment on a house?
1. If the failure to conclude the mortgage loan contract is caused by the developer, such as the developer's incomplete procedures or the bank thinks that the developer lacks the guarantee ability, and the buyer can't continue to perform the contract because he can't handle the mortgage, the buyer may not bear any responsibility, and may even ask the developer to bear the responsibility.
2. If the loan cannot be processed due to reasons not attributable to both the developer and the buyer, the buyer may also request to cancel the contract and refund the down payment for the house purchase. The reasons that cannot be attributed to both sides are mainly policy factors. If this happens, buyers can also request to return a house and refund the down payment.
3. If it is due to the buyer's own reasons, such as incomplete information provided by the buyer or the buyer's lack of repayment ability, the bank thinks that the buyer does not meet the loan conditions and refuses to issue the loan, resulting in the inability to conclude a loan contract. If the buyer requests to cancel the concluded sales contract, the court generally does not support it.