Consult the local provident fund management center and bank for details. Risk prevention and control of provident fund loans Because the occurrence of such disputes will often cause huge losses to buyers and sellers, how to distinguish the liability for breach of contract is conducive to the settlement of such disputes, but more importantly, how to prevent such risks.

Reason:

First, you borrowed too much. It means that the house you want to buy is now selling for 400,000 yuan, but the assessment can only assess that the down payment of 350,000 yuan is 30%, 30% of 400,000 yuan is 1.2 million yuan, and 30% of 350,000 yuan is 1.05 million yuan; The remaining 70% will need loans, 400,000 will need loans of 280,000, and 350,000 will need loans of 245,000. Originally, I could only borrow 245,000 houses. If you want to borrow 280 thousand, the bank will definitely not approve it.

1, solution:

(1) reevaluate. Tell the appraiser more about this house. Ask them to identify 400,000 yuan for you, and then you can borrow 280,000 yuan. Of course, you have to pay 500 yuan for the appraisal.

(2) Pay more down payment, because the assessment is 350,000, then you can pay 50,000 down payment.

2. The lender does not have the loan qualification. Loans will not be granted to those who have had two or more bad records or credit card overdrafts in China. You can check these records in the bank yourself.

Note: there is no loan record in the bank, and 30% of the down payment for buying a house is 70% of the loan; There is a loan record in the bank, with a down payment of 60% and a loan of 40%; There are two or more records in the bank, and you have to pay the full amount for buying a house.

Extended data

Matters needing attention in Shang Dynasty:

1. The credit information is in good condition.

Undoubtedly, bad credit information will affect the loan application. Under normal circumstances, if there are three consecutive overdue records accumulated for more than six times in personal credit records, the loan application will be rejected to a large extent. Credit cards, mortgages and car loans will all appear in your personal credit report if they are overdue. Property buyers can visit the Personal Credit Information Center of China People's Bank for credit information inquiry, but the results are for reference only, and the loan is subject to the actual inquiry results of the bank.

Second, prepare information in advance.

Property buyers need a series of materials to apply for commercial loans, mainly including: ID card, household registration book, income certificate for the past six months, and running water certificate. It should be noted that the proof of income must be guaranteed to be twice as much as the monthly loan application. It is recommended to open a bank with more income to prove the income certificate.

Third, pay attention to the loan term.

The longest loan period for commercial loans of banks is 30 years. If the applicant meets the conditions of the longest loan term, he can choose the loan term at will, such as 20 years, 10 years, etc. Different loan years directly affect the monthly payment. When the total loan amount is fixed, the shorter the loan term, the less interest will be generated and the more monthly payment will be made.

The loan term can be chosen according to one's own economic strength. For example, high-income people can shorten the loan time and reduce the interest cost. And property buyers with average economic strength can choose a longer loan period to reduce the pressure of monthly supply.

Fourth, understand the repayment method.

There are two common repayment methods, equal principal and interest and average principal. When choosing repayment methods, buyers can choose according to their future income expectations and fund disposal plans.

The advantages of matching principal and interest are: the monthly repayment amount is fixed and the repayment is convenient; Disadvantages are: the repayment interest is high, and it is not cost-effective to repay in advance in the later period.

The advantages of average capital are: less total expenditure, cost-effective early repayment; Disadvantages are: the monthly repayment amount is not fixed, and the early burden is heavy.

It is also worth noting that property buyers should avoid overdue repayment. Overdue repayment will not only produce credit stains, affect your subsequent loans, but also generate certain interest. If the repayment date falls on a holiday, it is necessary to prepare the mortgage in advance and transfer the money to the repayment account to avoid overdue due to the delay of the holiday.

Verb (abbreviation of verb) Pay attention to the time point of prepayment.

Early repayment refers to the behavior of the lender to repay part or all of the mortgage loan in advance on the basis of ensuring the full repayment of the principal and interest of the individual housing loan on a monthly basis. However, buyers need to pay attention to the fact that there are certain conditions for prepayment. If it does not meet the requirements, the bank may charge a part of liquidated damages. However, due to the different regulations of cities and banks, lenders need to consult the banks in advance.

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