In this case, you can cancel the purchase contract. If the contract does not indicate whether to refund the down payment, the seller should refund the down payment, but he should be investigated for liquidated damages. If the mortgage service contract signed with the intermediary clearly states the guarantee of successful loan application, you can hold the other party accountable.

If the mortgage loan can't come down because of the developer's reasons, such as the developer didn't get the pre-sale permit or the existing home sales conditions didn't allow the bank to approve the loan, the buyers can ask the developer to return the deposit and deposit, and ask the developer to pay the corresponding interest loss.

Extended data:

If the information provided by the buyer is untrue or the credit history is bad, the bank will not approve the loan, and the buyer can also return the house. However, the buyer shall bear the liability for breach of contract and compensate the employer for the corresponding liquidated damages.

Another situation is that the loan fails due to policy changes or bank supervision, and the purchaser should negotiate with the developer to recover the house. If the negotiation fails and the contract fails to reach an agreement, the purchaser can sue to prove that he is not at fault and cannot buy it, and ask the developer to refund the deposit and the deposit.