What if the loan for buying a second-hand house is not approved?
1. You can talk to the bank staff and find out why your loan is delayed. If the problem lies in the buyer's own credit, running water and liabilities, it is suggested to increase the down payment and reduce the loan application amount, and then apply for a loan from the bank after the information is fully prepared.
2. Different banks have different regulations and audits on loan conditions. Therefore, if property buyers apply for the first bank, but fail to give back, they may wish to change to another bank.
Of course, some buyers are not qualified, but they especially want to buy this house. At this time, they can ask the guarantee company for a loan. It should be noted that the cost involved will be higher than that of direct bank loans. Because the guarantee company not only needs the borrower to pay the handling fee, but also needs to pay the guarantee fee, interest fee and other expenses.
If the above three moves have been tried and the mortgage still doesn't come down, then you can only find the developer to negotiate and check out.
What are the reasons for the unsuccessful second-hand housing loan?
1. Some cities have time restrictions on the listing and trading of second-hand houses. If it does not meet the trading standards, the loan review cannot pass.
2. Incomplete certificates of purchased second-hand houses, such as resettlement houses, public property houses and small property houses.
3. The house does not meet the mortgage standard, such as the house has been sealed up or will be sealed up soon.
The house is too old to meet the loan requirements. Under normal circumstances, the age of second-hand houses should not exceed 20 years, and a few banks require it not to exceed 15 years.
5. Personal credit does not meet the credit rating requirements of the bank.
6. The personal information provided is incomplete, or the bank thinks that the personal information is falsely reported or concealed.
7. Personal debt is relatively high or the loan amount is large. After bank evaluation, the borrower's income cannot guarantee timely and full repayment.
I paid a down payment for buying a second-hand house, but what should I do if the loan can't be approved later?
I paid a down payment for buying a second-hand house, but what should I do if the loan can't be approved later?
I used to be like this. Nothing can come down. There is really no way to find someone to make a bank package loan. Large amount, low interest rate and interest-free needs can be introduced to you.
What should I do if I pay the down payment for buying a house and the loan cannot be approved?
If the house can't get a mortgage after the down payment, it will be handled according to the reason why it can't get a mortgage. On trial
At the same time, the agreement in the contract will generally take precedence. So, if the loan is not approved in the contract, who will bear the liability for breach of contract?
Regulations are the most important basis. If there is no agreement or the agreement is not clear, it shall be handled according to the following principles:
1. developer's reason: the developer sells houses that are not qualified for sale, indicating that the developer has not obtained the pre-sale permit or sold them.
When selling existing homes that do not have the conditions for use, the bank found that this situation would not allow loans. At this time, buyers can ask for development.
The merchant refunded the down payment and deposit, and asked the developer to pay the corresponding interest loss.
2. Buyer's reason: If the information provided by the buyer is untrue or the buyer's credit record is not good, the bank will not approve it.
Quasi-loans, property buyers should bear the responsibility for breach of contract.
3. Non-seller's reasons: if it is bank reasons, the bank mortgage loan is postponed, the loan amount is reduced or it cannot be processed.
Generally, the two parties will have supplementary contracts or agreements, which stipulate that the buyers will choose or make up the purchase price within a certain period of time.
Housing, otherwise property buyers have the right to terminate the contract; If the house payment is not paid within the time limit, the developer has the right to terminate the contract.
According to the contract, you have to pay liquidated damages to the real estate company and then check out. You can also ask the seller to help you find a relationship and try to approve it.
As long as the down payment is 30% according to the regulations, and the work income can be provided to prove that there is no bad record in the bank, the general loan approval is no problem. As for the down payment, I think it is the overlord clause, so we should consider it carefully before signing the contract.
1. Before the down payment, the real estate developer will submit your relevant information to the bank for inquiry. Unless you have serious credit problems, you will generally pass directly. In addition, the simple point is that as long as you are sure that there is no big problem with your credit information, you can definitely get a loan.
If the developer tells you this, you can go directly to the bank that handles the mortgage to ask about the situation. Did the developer falsely report your down payment or something?
What if the house pays the down payment but the loan can't come down?
Housing mortgage loan refers to a loan that an individual pays a certain proportion of down payment when purchasing a house with property ownership certificate and a house or commercial house that can be traded in the market, and the rest is applied to a cooperative institution with the property to be purchased as collateral.
1. Information required for mortgage loan:
3. The original and photocopy of the ID card and household registration book of the applicant and spouse (if the applicant and spouse are not in the same household registration, a marriage certificate shall be attached);
Original purchase agreement;
1 Original and photocopy of advance payment receipt for 30% or more of the house price;
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. ;
The developer's collection account number is 1.
Two. Mortgage loan conditions:
Age 18-65 years old, with full capacity for civil conduct;
Pay a down payment;
Have a stable legal income and the ability to repay interest;
The Borrower agrees to use the purchased house and its rights and interests as collateral;
The purchased second-hand houses have clear property rights and meet the local requirements for entering the real estate market;
The purchased house is not within the scope of the announcement;
Other conditions required by the lending bank.
Third, the process of mortgage loan:
The lender prepares the relevant materials, fills in the loan application in the bank and submits the materials;
After receiving the application, the loan bank shall confirm and review the information;
After the audit, the loan bank contacts the lender and signs the relevant contract;
For bank loans, the lender shall fulfill the repayment obligation.
What if I can't get a down payment loan?
It depends on the specific situation. If it is the developer's reason, the down payment plus the bank's interest for the same period needs to be refunded in full. If it is a personal reason for the property buyer, it is a personal reason that the loan cannot be handled. Developers have the right to charge a certain penalty according to the purchase contract!
In fact, the most reasonable purchase process is to take the husband and wife ID card to the loan bank to check personal credit information before signing the contract. If there is no problem, you'd better go through the loan formalities!
I hope it helps ~
The down payment for buying a car was paid, and the loan could not be approved.
You can try private lending ... it's easier to get.
What should I do if I pay the down payment for buying a house and the loan can't be done?
If your mortgage fails, the purchase contract is regarded as a breach of contract, and after deducting the liquidated damages, you should return the remaining purchase price. But it also depends on the developer of the house you buy. Some may consider letting you cancel the contract and change your name.
No, in order to reduce the loss, you have to find a way to raise money.
Second-hand housing buyers' loans are delayed.
First, you can communicate with the bank clerk to find out why your loan is delayed. If the problem lies in the buyer's own credit, running water and liabilities, it is suggested to increase the down payment and reduce the loan application amount, and then apply for a loan from the bank after the information is fully prepared.
The second measure: change banks. Different banks have different regulations and audits on loan conditions. Therefore, if the property buyers apply for the first bank, but have not given back, they may wish to change to another bank.
The third measure: find a guarantee company. Of course, there are indeed some buyers with poor qualifications, but they especially want to buy this house. At this time, they can ask the guarantee company for a loan. It should be noted that the cost involved will be higher than that of direct bank loans. Because the guarantee company not only needs the borrower to pay the handling fee, but also needs to pay the guarantee fee, interest fee and other expenses.
It will be handled according to the reasons why the mortgage can't be done. In the trial of a contract, the agreement in the contract will generally be given priority. Therefore, it is the most important basis to stipulate in the contract who will bear the liability for breach of contract if the loan is not approved. If there is no agreement or the agreement is not clear, it shall be handled according to the following principles:
1. developer's reason: if a developer sells a house that is not qualified for sale, that is, if the developer fails to obtain a pre-sale permit or sells an existing house that is not qualified for use, the bank will not grant a loan when reviewing this situation. At this point, the buyer can ask the developer to refund the down payment and deposit, and ask the developer to pay the corresponding interest loss.
2. Reasons for the buyer: If the information provided by the buyer is untrue or the buyer's credit record is bad, the bank will not approve the loan, and the buyer will be liable for breach of contract.
Non-buyer's reasons: if the bank mortgage loan is postponed, the loan amount is reduced or cannot be processed, both parties will generally have a supplementary contract or agreement, stipulating that the buyer will choose, or the buyer will pay the house purchase price within a certain period of time, or the buyer has the right to terminate the contract; If the house payment is not paid within the time limit, the developer has the right to terminate the contract.
Legal basis: Article 577 of the Civil Code of People's Republic of China (PRC). If one party fails to perform its contractual obligations or fails to meet the contract obligations, it shall bear the liabilities for breach of contract such as continuing to perform, taking remedial measures or compensating for losses. Article 578 Where a party expressly expresses or shows by his own behavior that he will not perform his contractual obligations, the other party may require him to bear the liability for breach of contract before the time limit for performance expires.
What if the second-hand housing loan is not approved?
Solutions to the problem of non-approval of second-hand housing loans;
1. Apply for a loan from the bank again, increase the down payment and reduce the loan balance.
You can try to apply for a loan from another bank. The conditions for each bank to apply for loans will be different. Maybe some banks don't have high requirements for loan applications.
You can even find a guarantee company to guarantee, and then go to the bank to apply for a loan.