If you want to buy a house through a loan, you should pay special attention to whether you can meet the requirements of the loan. If not, it is useless to apply for a loan. So, do you know what conditions a bank loan needs to buy a house? If you want to buy a house with a loan, you also need to understand the process of buying a house with a loan. In this way, you can better apply for a loan to buy a house.
What conditions does bank loan need to buy a house?
1. Natural persons aged 18-60 (Hong Kong, Macao, Taiwan and foreign countries are also allowed). It has the ability of stable occupation, stable income and repayment of loan principal and interest on time. The actual age of the borrower plus the loan application period shall not exceed 70 years old. There are legal and effective contracts and agreements for the purchase, construction and overhaul of houses, as well as other supporting documents required by the lending bank.
2. Agree to take the purchased house as the mortgage. They have full capacity for civil conduct, have permanent residence or valid residence status in China, and must pay a down payment of not less than a certain proportion of the total price of the house they purchased.
3. He has a stable career and economic income, good credit, and the ability to repay the principal and interest of the loan; he has signed a contract or agreement to buy a house.
How to buy a house with loan?
1. The borrower goes to the lending bank for loan application. The loaning bank shall issue a letter of intent after passing the examination and approval, and the borrower shall obtain the form required for the loan. The borrower shall sign the house building contract or agreement with the seller or builder by the letter of intent. The borrower signs a mortgage contract with the lending bank and deposits the self raised funds into the lending bank.
2. The borrower shall go through the guarantee procedures: the borrower who uses the real estate mortgage shall go to the property right department to go through the 'house other certificate' and 'real estate mortgage confirmation'. If the securities are pledged, the securities shall be handed over to the lending bank for custody and a loan contract shall be signed. For the loan for house purchase, the lending bank shall transfer the loan together with the borrower's deposit to the account of the selling unit, and the loan for house construction and repair shall be paid by the borrower according to the loan contract.
Procedures required:
1. Sign the sales contract with the developer for the selected commercial housing; register the pre-sale and pre purchase of the sales contract; provide the loan application materials required by the loan bank (identity certificate, income certificate, copy of the business license of the unit, household register, marriage certificate, etc.);
2. Go to the law firm designated by the lending bank for credit review, and pay a lawyer's fee of 3% of the loan amount; go through the loan application procedures (fill in the loan application form, sign the loan contract and other legal documents).
What conditions does bank loan need to buy a house? Because of the pressure of the economy, many people buy houses through loan and mortgage, so we must pay attention to the conditions of loan to buy houses at this time. If you can not meet the conditions and apply for a loan is impossible to obtain approval, you may also make yourself in a dilemma. The process of buying a house with loans mentioned above is very detailed, so it is necessary for us to know more about it, so that we can buy a house more smoothly