What does zero down payment mean? Recently, everyone is watching the advertisement of zero down payment for buying a house. Once this kind of advertisement comes out, it brings hope to many people who can't get together the down payment for buying a house. Many people begin to pay attention to the matter of zero down payment for buying a house, just want to understand what's going on. Is there such a good thing? Can the zero down payment for buying a house be realized? Let's learn more about it.
What does zero down payment mean?
1. There will be risks in buying a house with zero down payment, and the buyer will pay off the down payment within a certain time limit. Developers will also charge a certain fee, most of the zero payment, developers will require buyers to pay off the full down payment of housing mortgage loans within one year.
2. Zero down payment is not that buyers don't have to pay for it. It's really paid by developers or real estate agents; It's probably fake high house prices; Get down payment from more bank loans. The important point is that zero down payment is not in line with the relevant policies of the state and banks. Accept zero down payment; Customers who have to borrow money from the bank to buy a house.
3. The zero down payment for buying a house is the developer's private acceptance of zero down payment; There is no strict policy requirement that the down payment ratio of the first housing loan should not be less than 30% and the down payment ratio of the second housing loan should not be less than 60% according to the State Council; It's against national policy. At the same time, because the lender did not actually deliver the down payment.
Can zero down payment be realized?
1. At present, there are two modes of zero down payment for house purchase promoted by developers: the first mode is the same as the down payment by installments. When buying a house, there is no need to pay the down payment. In the future, the down payment will be collected within a fixed period (usually one to three years), and then the down payment will be paid at the time of house delivery and check-in; The second kind of zero down payment is to apply for housing loans from banks through falsely high transaction prices.
2. Zero down payment for buying a house is actually not allowed, because the law does not allow this behavior of transferring the risk to the bank. Moreover, more applications for housing loans, monthly pressure is quite large. Industry insiders said that if the individual idle funds are abundant, and there are other good investment channels, you can choose this way. If the funds are not abundant, the first few installments can be returned normally.
What is the meaning of zero down payment for buying a house? We know that zero down payment has become a development trend of the real estate market, zero down payment can be achieved, but if you want to enjoy this treatment, repayment ability is very strong, which is a basic condition of zero down payment. I hope the introduction of Xiaobian can help you.