Matters needing attention in buying a house by loan
Note: First of all, do what you can.
When applying for personal housing loans, borrowers should make a correct judgment on their economic strength and repayment ability, make a correct and objective prediction of their future income and expenditure, and choose the appropriate loan amount.
Note 2. Choose a good loan bank.
If you buy an existing house or a second-hand house, you can generally choose your own loan bank. The more services the mortgage bank provides, the more flexible and diverse the services you get. From the buyer's point of view, there is no doubt that the more choices the buyer has, the better.
Note 3: Choose the appropriate repayment method.
At present, there are basically two repayment methods: one is equal principal and interest repayment, and the other is equal principal repayment. The advantage of matching principal and interest repayment is that borrowers can accurately grasp the monthly repayment amount and arrange family income and expenditure in a planned way. Average capital's repayment method is more suitable for individuals who have strong repayment ability at the initial stage of repayment and want to pay a large amount at the initial stage of repayment to reduce interest expenses.
Note 4. Provide true and effective information to banks.
When a bank applies for a loan, it usually requires the borrower to provide proof of income, including the borrower's occupation, position and recent economic income. If your income doesn't reach a certain level, it means that you don't have enough repayment ability. If you provide false certificates to meet the loan conditions, the bank's trust in you will be greatly reduced, which will affect your loan application.