Buying a house is a hard job, and there are unexpected situations, such as a down payment and the signing of a contract for the purchase of a house, but the result is that the loan cannot be granted, and how can this be resolved

1. Developers ' reasons

At this point, which was the cause of the developers, the parties were unable to perform their contracts, and the purchasers were entitled to terminate the contracts and required the developers to assume liability for default and to refund the down payment and down payment。

2. Reasons for sellers

This situation is the result of a breach of contract caused by the seller's concealment of the true information of the co-owner, and the buyer may hold the seller liable for breach of contract and damages。

3. Reasons for purchasers

A further reason for the failure of the Office is the problem of the purchasers themselves, such as the failure to provide timely or incomplete information, the provision of false material that renders the bank mortgage unmanageable, the most common problem of requiring credit, the possibility of consulting the loan bank if the borrower ' s credit history is not malicious, and the general availability of loans as long as the credit record is not poor. However, loans would certainly be refused if they were seriously overdue, such as three consecutive credit cards, six cumulatively overdues and a larger amount (generally over $500). The provision of false material and poor letters of credit are issues for the purchasers and require them to be held liable for breach of contract and cannot be recovered。

4. Reasons for not buying or selling

In this case, the loan has been approved by the bank, but the loan has not yet been released, and the seller and buyer have waited patiently for the loan. If changes are caused by government or bank regulations, such as the cessation of the mortgage business, the buyer and the seller may enter into consultations, and the non-consultant purchaser may appeal to the court to prove that he was not guilty and request the cancellation of the purchase contract and the refund of the down payment。

Other response measures

(1) Try another bank

If a bank is unable to make a loan, it would be useful to try another bank. Different levels of banks may vary, as may be the process of trial, which may not be possible, but may be passed by another bank. It would also be helpful to have the help of a developer who, after all, may be in a hurry to pay the final payment。

(2) Find a way to complete the information

The bank was asked to confirm why the loan was not available and, if so, whether it could be filled。

(3) Reduction of loan amount

It is also possible to reduce the amount of the loan by increasing the down payment ratio and then apply to the bank again。

(4) Finding the guarantor company

If you really want this house, and you can't make up the rest of the loan, you can try to find some decent guarantee company. The guarantee company can help you with the loan, but it incurs a number of additional costs, including fees, guarantees, interest charges, etc., and there are risks。

That's not gonna solve your loan problem. What about down payment? Can the developer pay back? This depends on what was stipulated in the contract at the time. When the purchaser enters into a contract for the purchase of the house, the relevant provisions are specified, and the problems may be argued on the basis of the contract. If the approval of the loan is not approved, the buyer and the seller agree on the payment of the final payment and, if this is not possible, the corresponding liability for breach of contract。