The down payment ratio for second-hand houses is generally 30%, but if the home buyer has good personal credit and is buying a home for the first time, the down payment can be as low as 20%.

At the same time, if you want to buy a second-hand house, you only need to follow the following process:

1. Establish information communication channels with the seller through media sources such as newspapers and the Internet. Visit the house on site, inspect the location, negotiate the price, and confirm your intention to purchase the house. At the same time, the seller is required to provide corresponding legal documents, such as house ownership certificate, ID card, household registration book and other documents.

2. Sign a second-hand house sales contract.

3. Both parties *** go to the lending bank to handle the loan procedures.

4. After signing the contract, the buyer and seller must go to the real estate trading center to submit an application and accept review.

5. Pay relevant taxes and fees.

6. After the buyer and seller complete the registration of the change in property ownership, they submit the transaction materials to the issuing department. The buyer can apply for a new property ownership certificate at the issuing department with the notice of receipt of the house ownership certificate.

7. Pay the balance.

8. The transaction is completed after the buyer pays off the house, the seller delivers the house and settles all expenses before the handover date.