1. For reasons such as insufficient bank credit line, the buyer can negotiate with the seller to terminate the house purchase contract without being liable for breach of contract. The Seller shall unconditionally refund the down payment for the house purchase.

2. If the loan approval is affected by the buyer's own reasons, such as tainted credit record or insufficient repayment ability, the buyer should try to solve it first, such as finding a guarantee company to guarantee or delaying the repayment period.

If it still can't be solved, we can only cancel the purchase contract. In this case, the buyer needs to bear the liability for breach of contract, pay liquidated damages to the seller, and the seller shall refund the deposit.

3. So no matter what reason it is impossible to get a loan, the down payment can be refunded. The difference lies in whether the buyer needs to pay liquidated damages.

Expansive material:

First, the reason why the loan cannot be obtained

1. Evaluate your assets first.

When you or your family have real valuable assets, including real estate, cars, certificates of deposit, securities and other assets, your passing rate will be much higher.

2. In addition, assess the repayment ability.

After asset evaluation, financial institutions need to review your repayment ability. They will check your work unit, the nature of the unit, your position, your after-tax income, daily expenses, current debts and minor children, all of which will affect the final approval of the borrower's loan.

Work unit: judge the stability and continuity of income according to the nature of work unit.

Unit positioning: judging the stability and future growth of income according to positioning.

After-tax income: the solvency of loans is judged by income. Generally speaking, the minimum income shall not be less than twice the monthly debt service.

3. Finally, look at personal credit

Financial institutions attach great importance to a person's credit. Once you are found to have provided false materials, your loan will be rejected at the first time. At the same time, it will investigate whether you have applied for a credit card or loan, which means that the materials you applied for a credit card or loan before have been recognized by banks or other financial institutions. Generally, customers who hold credit cards or have applied for loans are easier to pass.