The process of buying a house with a loan
1. Asking about the qualifications for buying a house: Before buying a house, buyers must first know whether they meet the local conditions for buying a house, especially friends who want to buy a house in these big cities. If they are not qualified to buy a house locally, they can't apply for a loan to buy a house.
2. Estimate the funds for buying a house: you don't have to prepare a down payment to buy a house with a loan. Property buyers should estimate the funds in their hands and make a good purchase budget in advance before handling the loan purchase procedures.
3. Looking at the house and choosing a house: Buyers should follow a principle when looking at the house and choosing a house, that is, what suits them is the best. When choosing a house, they should determine the location according to their own living and working scope, and pay attention to various aspects such as apartment type, floor and environment.
4. Pay the down payment and sign the contract: Although most buyers will pay the down payment after choosing a house, the down payment is voluntary and buyers can choose not to pay it.
5. Handling mortgage procedures: After the house purchase contract is signed, the buyers can go to the bank to handle mortgage procedures with the information prepared in advance. There are generally two kinds of mortgage loans: provident fund loans and commercial loans.
6. Delivery: If you buy an auction house, you usually have to wait a year or two to collect the house. If you buy an existing house, you can usually hand it over in a short time.