Reasons of the developer: If the contract stipulates that the bank mortgage loan cannot be processed because the developer fails to implement the mortgage bank and submit the mortgage loan materials in time, which leads to the failure to perform the contract and the failure to achieve the contract purpose, the buyer has the right to terminate the contract and refund the down payment according to the contract agreement or the contract law, and may require the developer to bear the liability for breach of contract.

Bank reasons: if the bank mortgage loan is postponed, the loan amount is reduced or cannot be processed, the two parties will generally have a supplementary contract or agreement, stipulating that the buyer will choose, or the buyer will pay the purchase price within a certain period of time, or the buyer has the right to terminate the contract; If the house payment is not paid within the time limit, the developer has the right to terminate the contract. For the customers of second-hand housing transactions, because the buyers and sellers have signed the purchase contract, paid the down payment and handled the transfer procedures, but the bank loan has been delayed. What should we do?

This situation should be handled according to the situation: if the loan has been approved by the bank, buyers and sellers can only wait patiently for the loan; If the loan is not approved, the buyer and the seller can negotiate how to pay the final payment. If the buyer really can't pay the final payment, he can only terminate the contract according to the relevant terms of the contract.

Buyer's reasons: If the contract stipulates that the bank mortgage cannot be handled due to the buyer's reasons, or the materials cannot be provided in time, or the materials are incomplete or false, which leads to the inability to perform the contract and realize the contract purpose, the developer has the right to terminate the contract and can hold the buyer liable for breach of contract.