1. If it's because of the bank, you can get a refund. Property buyers can negotiate with the seller to terminate the purchase contract, and do not have to bear the liability for breach of contract, and the seller should unconditionally refund the down payment for the purchase; If the loan approval is affected by the buyer's own reasons, such as tainted credit record or insufficient repayment ability, in this case, the buyer needs to bear the liability for breach of contract and pay the seller liquidated damages, and the seller should return the down payment.

2. Legal basis: Article 5 of the Interim Measures for the Administration of Personal Loans.

Clarify the corresponding loan object and scope, implement differentiated risk management, and establish the assessment and accountability mechanism for the next link of each operation link of the loan.

Second, what should I do if I can't afford the down payment?

If you can't pay the down payment, you can return the house, but you should bear the liability for breach of contract according to the situation.

1. If the mortgage cannot be made due to the developer's reasons, the buyer may ask the developer to refund the down payment and deposit, and ask the developer to pay the corresponding interest loss;

2. If the bank refuses to approve the loan due to the buyer's reason, it can also return the house, but the buyer shall bear the liability for breach of contract;

3. If the bank's regulations change and it is impossible to get a loan, the buyer should negotiate with the developer to return the house. If negotiation fails and there is no agreement on the contract, they can sue for settlement.

According to the law, if the seller delays the delivery of the house or the buyer delays the payment of the house price and fails to perform it within a reasonable period of three months after being urged, if one party requests to terminate the contract, it shall be supported, unless otherwise agreed by the parties. If there is no law or agreement between the parties, the reasonable time limit for exercising the right of cancellation is three months after the other party's demand. If the other party fails to ask for a notice, the cancellation right shall be exercised within one year from the date of the cancellation right; If it is not exercised within the time limit, the right of revocation shall be extinguished.