With the rising of house prices, almost all of us are going to buy houses by means of loans. However, with the tightening of credit policy, many netizens have reported to Xiaoxi that the applied housing loans have been unable to be handled, which is very urgent. So, what if you pay the down payment and you can't get the mortgage? What's the reason why the mortgage can't be done? Come and have a look.
Reasons for the failure of housing loan:
In Xiaoxi's opinion, the delay in the housing loan is mainly caused by the problems of the buyer, the developer (the seller) and the lending bank. Specifically, it is as follows:
1. Reasons for the buyer. Generally due to the reasons of the buyer, the house loan can not be handled, mainly due to the problem of the personal credit or the submitted materials of the buyer. Generally speaking, the bank attaches great importance to this aspect. If the buyer really has problems in this aspect, it is difficult to obtain loans.
2. Reasons for developers (sellers). When buying a new house, the developers may have problems, that is, because there are too many buyers, leading to the developer's missing materials, or the developer's selling of the house without pre-sale permission, both of which will lead to the failure of housing loan. When buying a second-hand house, it may be because the seller intentionally or unintentionally conceals the real situation of the house, which leads to failure in the bank's approval of the house loan.
3. The reason for the bank. In another case, it is the bank's reason, that is, due to the policy and other reasons, the time of the bank's housing loan is prolonged. In the face of this situation, Xiaoxi suggested that when signing the loan contract, we should make clear the loan time. If the bank fails to make the loan on time within the prescribed time, it can ask the bank to bear the liability for breach of contract.
Can't the house loan be done, will the down payment be returned?
There are many common people who can't get the house loan and can't afford to pay for the rest of the house. And what we are more concerned about is, if the mortgage can not be done, will the down payment be returned? This is mainly divided into the following two situations:
1. If it is the bank's reason that leads to the failure of housing loan, then the buyer can negotiate with the seller to terminate the purchase contract, and do not have to bear the responsibility for breach of contract, and the seller should unconditionally return the down payment of the purchase.
2. If it is due to the buyer's own reasons that the house loan cannot be handled, then the only way is to terminate the house purchase contract. In this case, the buyer should pay liquidated damages, and the seller should return the down payment.
Summary: in the process of buying a house with a loan, there may be various variables. Therefore, before you buy a house, especially those who just need to buy a house, you must do all kinds of homework to avoid problems when you really buy a house. By then, you really want to cry without tears!