Loan to buy a house is to pay a down payment before applying for a loan, but many people have insufficient bank loans. If they don't lend, it's not cost-effective. What if the down payment is not enough? We must find ways to increase the loan amount. Let's take a look at several methods introduced in this article.

What if the down payment is not enough?

Housing provident fund loans and commercial loans are different. Commercial loans can be up to 70% of the house price, but the maximum amount of provident fund loans is only 600,000. The specific loan amount depends on the borrower's income and expenditure and personal credit. If the down payment loan amount is not enough, you can raise the loan amount by the following methods.

1. Find a guarantee company as a guarantee: with a guarantee company as a guarantee, the bank may give the lender a higher amount, but most of the guarantee companies have higher expenses, and the guarantee company will first evaluate the lender before agreeing to do the guarantee.

2. Provide proof of financial resources: Lenders can provide proof of real estate, automobile production and deposit in their own names to show their economic strength to mortgage banks. The stronger the economic strength, the higher the repayment ability, the lower the loan risk and the higher the amount approved by the bank.

3.* * * Co-loan: * * Co-loan can be a couple loan or a family loan, such as a parent-child loan. The premise is that both parties must meet the loan conditions and determine who is the primary lender and who is the secondary lender. * * * With the loan, the income of two people will be used as repayment guarantee, and the amount will be higher.

4. Handling portfolio loans: For example, the lender meets the conditions of both provident fund loans and commercial loans, and the amount of pure provident fund loans is not very high, so portfolio loans can be handled. Then the final loan amount = combined loan amount+commercial loan amount, and repayment is required after the loan.

The above is "What if the down payment is not enough?" I hope it will help everyone.

What is the solution to the problem of insufficient down payment for buying a house with a loan?

1, borrow from relatives and friends. If the borrower's housing loan is insufficient, the most direct way is to borrow it from relatives and friends with strong economic strength, and then pay it back one by one when the money is plentiful.

2. Ask your parents for help. If young people buy a house, they can also seek financial support directly from their parents. At present, many young people have just entered the society and their economic situation is unstable. If parents have good financial ability, they can also ask their parents to help pay the down payment.

3. Apply for personal credit loan. If the borrower has good personal credit and strong repayment ability, he can also apply for a personal credit loan to make up for the lack of down payment. However, when applying for a personal credit loan, the borrower needs to pay a down payment. If you apply for a credit loan, you need the borrower to have strong repayment ability and high income, because after paying the down payment, you have to repay the mortgage and credit loan every month, and the pressure of repayment in the later period is greater.

Extended data

Buying a house by loan refers to the loan business in which the buyer applies for a loan from the bank to pay the house purchase price with the building traded as collateral, and then the buyer pays the principal and interest to the bank in installments, also known as house mortgage loan.

People are most concerned about the conditions and procedures of mortgage loans. First of all, the information needed for mortgage loan is:

1.3. Original and photocopy of the ID card and household registration book of the applicant and spouse (if the applicant and spouse are not registered in the same household, a marriage certificate shall be attached).

2. The original purchase agreement.

3. 1 Original and photocopy of advance payment receipt for 30% or more of the house price.

4. Proof of the applicant's family income and related assets, including payroll, personal income tax bill, income certificate issued by the unit, bank deposit certificate, etc.

5. The developer's collection account number is 1 copy.

What if the down payment for buying a house is not enough? 9 ways to help you come together!

When buying a house, it is a very headache to encounter insufficient down payment. Then, in the face of insufficient down payment, how can buyers realize their own house purchase plan? In fact, I think you can try to solve the problem of insufficient down payment in the following ways.

When buying a house, it is a very headache to encounter insufficient down payment. Then, in the face of insufficient down payment, how can buyers realize their own house purchase plan? In fact, I think you can try to solve the problem of insufficient down payment in the following ways.

Solution 1: Withdraw the provident fund.

Now many companies will pay the housing provident fund to their employees. If you have a provident fund, you must make good use of it. Many cities support the withdrawal of provident fund to pay down payment, which can completely solve the problem of insufficient down payment.

Solution 2: mortgage the old house.

Mortgaging an old house to get a loan to pay the down payment is a common way, but only if you have a house. This way, a large amount of loans can be obtained, but it is very stressful to undertake two loans at the same time, and the loan interest rate obtained by mortgage is higher, and the loan life will be shortened.

Solution 3: Use a credit card

If the down payment gap is not big and the use time is not long, then you can use a credit card. However, with a high credit card, don't use multiple low credit cards, because it is easy to be regarded as tx.

. Some banks do not support credit card installment purchase, which needs everyone's attention. If you can't repay on time, it is still not recommended to use this method, otherwise it will affect your personal credit information.

Solution 4: Apply for credit loan reasonably.

If the borrower has good personal credit, high income and strong repayment ability, he can apply for a personal credit loan to make up for the lack of down payment.

Solution 5. The insured can apply for policy loans.

Now everyone has a stronger awareness of risk prevention, so many people have bought insurance. But what most people don't know is that some policies can be loaned, but the loan period is short.

Solution 6: Seek financial support from parents.

If parents are in a good financial situation and have idle funds that are not used for the time being, they can ask their parents for help. But everyone should remember that parents only help, not take it for granted, so when the funds are plentiful, they should return them to their parents and thank them.

Solution 7. Seek help from relatives and friends.

If you have a good relationship with relatives and friends, you can consider borrowing money from them. However, when you borrow money from relatives and friends, you must measure each other's financial situation, sign a formal IOU, and remember to wait until you have more money, so as to avoid disputes and affect the relationship between relatives and friends.

Solution 8: Realize the wealth management products held by individuals.

If you usually buy some wealth management products, you may wish to cash these into a down payment at this time. Although it may lose some money to realize cash in a hurry, it is an effective way when there is really no money to borrow.

In addition to selling, you can also choose mortgage, which may be a better way to realize it, especially if the amount of wealth management products held by individuals is relatively large.

Solution 9, lower the standard of buying a house.

If the house price exceeds the budget and the pressure increases after delivery, you can lower the standard of buying a house and consider buying a small apartment or a house in a remote area.

What if the down payment for buying a house is not enough?

1, you can use credit cards or other wealth management products to increase the down payment;

2. Help each other with family members' funds;

3. With a bank loan, the loan amount can be used to increase the down payment;

4, the use of real estate mortgage loans can increase the down payment;

5, the use of provident fund loans can be used to increase the down payment.

Yoshiya real estate encyclopedia, buying a house needs more knowledge.