First, the buyer is the borrower. In this case, the purchaser himself meets all the conditions of the loan, and can buy a house and borrow money in his own name. The name on the property certificate is the name of the purchaser himself and the name of the lender.

Second, the buyer is not a borrower. In this case, the buyer himself does not meet all the conditions of the loan, including that the buyer is a minor, or that although the buyer is an adult, the economic income and other indicators do not meet the requirements of the bank loan. At this time, there may be an auxiliary repayment person, the buyer's parents or others.

Third, is the contract to buy a house under the name valid?

Invalid.

The main reason for buying a house under the name is that you can't buy a house under your own conditions or you can't meet the preferential policies issued by the government. Therefore, using someone else's name to buy a house can achieve the actual effect of buying a house, or reduce the investment in buying a house. Therefore, buying a house in the name is actually an act of evading administrative regulations and damaging the national affordable housing system. According to the provisions of the Civil Code, signing a house purchase contract under the guise of name belongs to the situation of "covering up illegal purposes in a legal form" and is not protected by law. This agreement should be an invalid contract, and the property obtained from this contract should be returned.

4. Who should own the property purchased under his name?

To judge who owns the property right, we only need to look at whose name the property right is registered, not who is the actual investor. In other words, the house and property under the name of the buyer belong to the nominal buyer, not the actual buyer.

5. Who will repay the loan if you buy a house under your name?

If you need a loan to buy a house, the risk of buying a house under your name will increase greatly.

The house purchased under the borrower's name belongs to the borrower, so the borrower of the loan should include the borrower. But the actual investor who buys a house is a person who buys a house in the name of borrowing. If he can't repay the bank loan in full and on time, it will bring trouble to the borrower. Once such disputes occur, it involves the handling of real estate. Generally speaking, the real estate belongs to the borrower, but the borrower has to return the borrower's capital contribution. The losses caused by the invalid loan contract shall be borne by both parties according to their faults.

legal ground

People's Republic of China (PRC) Civil Code:

Article 146 A civil juristic act by the actor and the counterpart with false intention is invalid.

The validity of a concealed civil juristic act with false intention shall be handled in accordance with relevant laws and regulations.