What should I pay attention to when applying for a bank loan to buy a house?
1. Note loan eligibility: Not everyone is eligible to apply for a bank loan. First of all, buyers should see whether they meet the local purchase conditions. If they are not qualified to buy a house locally, then the bank will not accept the loan application. For example, some cities restrict purchases, do not support loans to buy second or third homes, or do not support foreign households to buy houses in this city. Different cities have different requirements for the qualification of buying a house.
2. Prepare materials in advance: The loan materials required for a person to buy a house with a loan, a couple to buy a house with a loan, and a partnership to buy a house with a loan are different. Providing true and complete loan materials is a necessary condition for applying for a bank loan. In general, you need to prepare a copy of your ID card, household registration book, marriage certificate, income certificate, bank account, house purchase contract and down payment invoice. Some banks are very strict in approving loans, and they also require buyers to provide academic credentials.
3. Pay attention to loan methods: There are three main loan methods. Provident fund loan is the lowest interest rate, but it is also the most complicated one. The use of provident fund loans is limited to employees who have paid housing provident fund, and there are many restrictions. If buyers want to use provident fund loans to buy a house, it is best to check with the developer or the local provident fund management center to see if they meet the conditions for use.
4. Choose the appropriate repayment method: In addition to the loan method, buyers should also pay attention to choosing the appropriate repayment method. At present, there are two main repayment methods for bank loans to buy a house, namely, equal principal and interest and average capital. In the case that most property buyers do not choose the repayment method, the bank defaults to the repayment method of equal principal and interest. The monthly repayment amount of equal principal and interest is the same, so it is more suitable for families with normal consumption plans, especially young people. If your income is ok and relatively stable, you can consider the repayment method in the average capital.
5. Apply for a mortgage according to your ability: Some friends can't buy the house they want because the loan amount is insufficient, but this doesn't mean that the higher the loan amount applied for, the better. Under the same loan term, the higher the loan amount, the more the buyer repays each month, and the more the loan interest is paid, which increases your repayment pressure. When buyers apply for mortgages, everyone should pay attention to making choices according to their own timing.
The above is what Bian Xiao shared with you about whether consumer loans affect mortgages. More information can focus on the construction industry and share more dry goods.