What is the protection for buyers who buy a house with a mortgage

Buyer's protection? You mortgage the buyer, and after the house is transferred, the title deed is mortgaged in the bank. What protection do you want?

When you apply for a loan, the bank has very strict requirements, or you are a regular employee of an administrative enterprise or institution, and you have an income certificate and bank passbook issued by the unit. Either you are self-employed or working as an individual, you must have an income certificate that can prove that you have the ability to repay the loan, an income passbook and a business license. If the loan is approved, the title deed in your name is mortgaged in the bank, and you have the right to live in the house and not the right to buy and sell.

After the loan is paid off and the mortgage certificate is cancelled by the bank, the ownership and use rights will belong to you. If you default on your monthly payment and fail to repay the loan, the house can be used as collateral and the bank can use it for direct auction.

Your concept of this question is a bit vague, and people's understanding is also vague. Let's put your question another way, if you agree to lend me money, 100,000. In a situation that you and I are not familiar with.

If you ask: Why should I believe you? (Meaning:.)

What kind of guarantee do you want to give me), this question is reasonable, because if you lend money to someone, you must know whether the other party has the ability to pay it back, in terms of credit. When you come back and you lend me money, I ask, "What protection do you want to give me?"

You say the problem is not very baked cakes.

Buying a house mortgage means that the bank agrees to lend you money, but conditionally, the title deed of your house must be mortgaged in the bank, and your credit must be good (no interruption of payment, no bad credit card ==), you have the ability to repay the money (that is, the reason for the work income certificate and bank statement), social security or tax payment certificate (policy reasons) and so on. When your conditions are met, the bank has gone through the procedures, and after everything is done, the bank will give you a loan contract. It contains how much money you borrowed, as well as the specific contract matters, repayment methods and repayment periods, etc.

If you have to figure out what the buyer's security is, I think only this loan contract is the answer you need.

1. If you buy affordable housing, if the developer has completed the relevant procedures for sales and loans, you can apply for a housing provident fund loan. 2. For affordable housing, the down payment ratio shall not be less than 20% of the total price of the housing. 3. The loan amount of the housing provident fund shall be calculated in the following three ways at the same time, and the smallest one shall be the maximum limit:

The monthly salary base or the sum of the monthly salary base of the borrower who pays into the housing provident fund 35% (prescribed ratio) 12 (months) Loan term (years); Apply for the first set of housing provident fund personal housing loans: the construction area of the new ordinary housing unit is more than 90 square meters, and the construction area of the new ordinary housing unit is more than 90 square meters, and the construction area of the set type is less than 90 square meters (including 90 square meters) not more than 80% of the total housing price; The maximum loan amount. The maximum amount is stipulated by the Housing Provident Fund Management Committee, and at present, each new ordinary housing in Suzhou does not exceed 500,000 yuan.

If only one of the borrowers and other co-buyers meets the loan conditions or has no spouse, the maximum amount of new ordinary housing shall not exceed 300,000 yuan.

The conditions for applying for a real estate mortgage may vary from bank to bank requirements in different regions, and the specific conditions for applying for a real estate mortgage loan shall prevail

1. Natural persons aged 18-65;

2. Have a proper occupation and stable income**, and have the ability to repay the principal and interest of the loan on time;

3. There is no illegal act;

4. Good credit and bad credit record;

5. Able to provide a valid pledge guarantee recognized by the bank or a third-party guarantee with legal and effective real estate as a mortgage guarantee or subrogation ability;

6. Open a personal settlement account of the bank, and agree that the bank will deduct the principal and interest of the loan from the designated personal settlement account;

7. The property rights of the house are clear and meet the conditions for listing and trading stipulated by the state;

8. The real estate can enter the real estate market without any other mortgage;

9. The sum of the age of the house and the loan application period cannot exceed 40 years;

10. The mortgaged house is not included in the local urban reconstruction and demolition plan, and there is a real estate certificate and land certificate issued by the real estate department and the land management department;

11. Other conditions stipulated by the bank.

Do the math how much it will cost you to renovate your home

Affordable housing occupies an important part in today's real estate market, is one of the benefits brought by the government to low- and middle-income groups with housing difficulties, affordable housing is subject to certain restrictions, including **, rent, area, application conditions, etc., as affordable housing, compared with the commercial housing in the market, ** must be lower, but the total price is still a threshold for many buyers, so can affordable housing be loaned? Let's take a look with Qeeka Home experts.

1. Can I get a loan for affordable housing?

Affordable housing can be purchased with a loan, as long as the buyer who meets the relevant loan application conditions of the housing provident fund, and has the qualifications to purchase affordable housing, it can be purchased with a loan, but the affordable housing is generally limited to the housing provident fund loan, and the developer is required to do the relevant sales, loan and other procedures, and the down payment ratio cannot be less than 20% of the total price of the property.

2. What is included in affordable housing?

1. Affordable housing.

Affordable housing is one of the typical affordable housing, which is built by means of land allocation and exemption from urban infrastructure supporting fees, and there are certain preferential policies for taxation, which are aimed at low-income and housing difficulties with a certain ability to pay.

2. Low-rent housing.

Low-rent housing, as the name suggests, is a low-rent rental property, its property rights are owned by **, institutions, etc., and the approved rent is leased to low-income families, low-rent housing is only rented and not sold, so there is no property rights, it is a very popular choice for low-income people and people with housing difficulties, and public rental housing is very similar.

3. Directional resettlement housing.

Resettlement housing is generally a house built by resettlements of relocated households in urban planning, and it is also a kind of affordable rental housing.

Summary: The above is an introduction to the affordable housing can be loaned, I hope the content shared can give you some reference to the Destruction of the Knowledge Bureau, if you want to know more about the relevant knowledge, you can **** Qijia Home to consult.

Enter the area and get the decoration for free**].

OK. Affordable housing is a bit special. Because affordable housing is subject to property rights restrictions. However, in some areas, mortgage loans can be applied for affordable housing, and in some cities, an agreement is required to apply for mortgage loans for affordable housing.

According to the provisions of the affordable housing policy, the buyers of affordable housing and affordable commercial housing have limited property rights, which shall not be transferred within 5 years, and those listed and traded after 5 years shall be paid to the first in accordance with the agreed proportion. In the past, due to the problem of limited property rights, affordable housing could not be used as collateral for mortgage loans, which brought considerable difficulties to low- and middle-income families who purchased affordable housing. After the signing of this agreement, buyers of affordable housing can apply for mortgage loans at CCB as easily as ordinary commercial housing buyers.

Precautions for buying a house with a loan

1. Apply for a mortgage according to your ability

Some people think that the bigger the loan, the better, but this is not the case! Because you have to pay back the mortgage and pay interest, if the longer your loan term and the larger the loan amount, the more interest you will pay on the loan, which will increase your repayment pressure.

2. Prepare loan information in advance

A copy of ID card, a copy of household register, a copy of a marriage certificate or a single certificate, a copy of an academic certificate, a copy of income certificate and bank statement, a copy of a house purchase contract and a down payment invoice, social security related certificates, etc.

3. Be clear about the repayment method in advance

Nowadays, there are two main repayment methods for bank loans to buy a house, namely equal principal and interest and equal principal. Although the interest on the equal principal is less, the monthly payment is high every month, and the pressure is greater. The total interest of equal principal and interest will be higher, but the monthly repayment pressure will be less.

You can choose the appropriate repayment method based on your own situation.

4. If you are unable to repay the loan on time, you can apply for an extension

After the loan application is approved, the buyer can repay the loan every month. If the borrower is unable to repay the loan on time due to difficulties in the middle of the process, the buyer can apply to the bank to change the loan term, and if the lending bank agrees, the loan can be extended.

Security deposit refers to the money retained by one or both parties to the contract with the other party or deposited with a third party to guarantee the performance of the contract. There are two main forms of security deposits that are popular in real economic life: one is the security deposit that the parties to the contract require the other party to provide in order to ensure the realization of their claims.

For example, in the construction contract, the construction party shall retain part of the project payment payable as warranty money in accordance with the project warranty clause at the time of project settlement, which is used to ensure the performance of the construction party's warranty obligations; If there is a problem with the quality of the project and the construction party does not repair it, the construction party can use the warranty money to repair it by itself or ask a third party to repair it. Another form of security deposit is the deposit deposited by both parties to a mutually recognized third party (usually a notary public) to ensure the performance of their respective obligations when the contract is concluded. Neither party may withdraw the security deposit until its contractual obligations have been fully fulfilled.

If one party breaches the contract, the other party may receive liquidated damages or compensation from the security deposit. If the purchase loan is handled by the developer, the consumer only needs to provide relevant documents and go to the bank to go through various procedures after receiving the notice. If the consumer handles it himself, it is particularly troublesome if he does not understand the procedure.

The procedures and processes for handling housing loans are basically the same for each bank, and different aspects should be determined by different banks. The general process of applying for a personal home loan is as follows for reference. Basic conditions for borrowers: 1. Be at least 18 years old and have full civil behavior; 2. Have a stable occupation and income; 3. The "Commercial Housing Sales (Pre-)Sales Contract" has been signed with the developer; 4. Have paid more than 20% of the total purchase price of the down payment; 5. The borrower and the co-owner of the property are willing to mortgage the house and go through the mortgage registration and property insurance.

The borrower needs to provide materials 1. Valid identity certificates (ID card, household registration booklet or other valid residence certificates) for the borrower and his or her spouse, and business license for self-employed persons (original and copy); 2. Proof of marital status of the borrower (marriage certificate or single certificate); 3. For foreigners, foreigners or singles, they must be guaranteed by someone with a local hukou; 4. Proof of income and property of the borrower and his or her spouse; 5. Purchase contract and down payment receipt; 6. Letter of commitment for mortgage of the co-owner of the property; 7. Bank Housing Mortgage Loan Application Approval Form. Loan amount and term 1. The maximum loan amount shall not exceed 80% of the total price of the purchased property, and the maximum loan amount shall not exceed 60% for commercial outlets; 2. The loan term plus the borrower's age shall not exceed the statutory retirement age, and the maximum shall not exceed 30 years. Step 1: The borrower signs a purchase contract with the developer and pays the down payment; 2. The borrower submits a loan application and submits the loan information; 3. Bank acceptance, investigation, review and approval; 4. The bank signs a loan contract with the borrower; 5. Handle notarization and insurance procedures; 6. Banks issue loans.