Who gave the money for the house loan?

Is the money from the house loan paid directly to the owner?

Loan to buy a second-hand house. You go to the bank and go through the mortgage formalities with the owner. After the mortgage formalities are completed, the bank lends money to the original owner's account.

Loan means that banks, credit cooperatives and other institutions lend money to units or individuals who use money, and generally agree on interest and repayment date.

Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.

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Generally speaking, to apply for a personal loan, you need to meet the following conditions:

1. A China citizen who has a permanent residence, permanent residence or valid residence certificate at the place where the loan bank is located, is under 65 years of age (inclusive) and has full capacity for civil conduct;

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

3. Have a good credit record and willingness to repay, and no bad credit record;

4. Being able to provide legal, effective and reliable guarantee recognized by the bank;

5. There is a clear loan purpose, and the loan purpose is in compliance with relevant regulations;

6. Other conditions stipulated by the bank.

Matters needing attention

1. The information provided to the bank shall be true, the address and contact information provided shall be accurate, and the bank shall be informed of any change in time;

2. The loan purpose should be legal and compliant, and the transaction background should be true;

3. According to your repayment ability and future income expectations, choose the repayment method that suits you;

4. Apply for a loan amount according to your own ability. Usually, the monthly repayment amount does not exceed 50% of the total family income;

5. Read the terms of the contract carefully and understand your rights and obligations;

6. Repay on time to avoid bad credit records;

7. Don't lose the loan contract and IOUs. For mortgage loans, don't forget to cancel the mortgage registration after paying off the loan;

8. communicate with the bank one month in advance to apply for early repayment.

9. When a foreigner applies for a commercial loan, the general bank requires the borrower to have a stable income in the local area, and also to issue a household registration certificate at the place where the household registration is located (some banks also require a certificate of employment); Moreover, the housing guarantee company requires foreigners to apply for temporary residence permits in addition to local income.

Mortgage loan, does the bank pay the developer in one lump sum?

Mortgage loan, the bank pays the money to the developer at one time.

Mortgage loan refers to a loan business conducted by mortgage. For example, housing mortgage loan is a personal housing loan business in which buyers use the purchased housing as collateral and the real estate enterprises that purchase the housing provide regular guarantee. The so-called mortgage means that the mortgagor transfers the property rights of the house to mortgage, and the beneficiary acts as the repayment guarantor. After the mortgagor pays off the loan, the property rights involved are immediately transferred to the mortgagor, and the mortgagor enjoys the right to use in this process.

Mortgage is a loan, that is, borrowing money from the bank. You don't have to spend a lot of money to buy your own house right away, so the first advantage of mortgage to buy a house is that you can buy a house with less money. From the perspective of investment, mortgage buyers can invest their funds separately, borrow money to buy a house and rent it, and then invest again, so that the funds can be used flexibly.

Borrowing means borrowing money from banks, and banks naturally care about the quality of real estate projects. In addition to auditing itself, banks will also audit developers, which is naturally highly insured.

Did the bank directly pay the developer the money for buying a house after the loan came down?

If you apply for a "personal first-hand housing loan" in BOC, BOC will directly transfer the loan funds to the special account of the developer or house selling unit designated by you according to the contract.

As there are differences in business handling in individual regions, please consult the branch of China Bank for details.

The above contents are for your reference. Please refer to the actual business regulations.

Who will pay the down payment for buying a house?

Whether it is a new house or a second-hand house, most families will choose to buy a house with a loan. However, many friends are buying a house for the first time and don't know much about the relevant procedures. For example, who should I give the down payment for buying a house? What problems should I pay attention to when paying the down payment? Let's study together.

First, who should pay the down payment for buying a house?

1, new house

Whether buying an auction house or an existing house, the down payment is paid to the real estate developer after the two parties sign the pre-sale (or sale) contract of commercial housing. After the bank loan is approved, the bank will transfer the remaining house payment to the developer, and the buyers can repay the loan on time every month.

2. second-hand houses

The second-hand house down payment shall be given to the seller after both parties sign the purchase agreement. The advance payment shall be collected by the contractor himself and a receipt shall be issued. It can also be remitted to the collection account agreed in the contract through the bank, with a remittance receipt attached. After the late loan, the bank also directly transferred the money to the seller's account.

Two. Matters needing attention in down payment

1. Go to the Land Bureau of the real estate in advance to consult the real estate situation and see if the developer has it. Some real estate developers just go through the formalities and have no plans to start work.

2. Confirm whether the real estate developer has complete five certificates. In particular, construction land planning permit and commercial housing sales (pre-sale) permit are particularly important. Without these two terms, the regularity of this property cannot be guaranteed. Once it happens, it is often difficult for buyers to prove their responsibility.

3. Before paying the down payment, be sure to pay attention to whether the delivery time and property fee in the contract are implemented in detail in the contract. If the delivery is delayed or overdue, are there any clauses such as liability for breach of contract? If there are inconsistent terms in the contract, ask questions in time.

Article conclusion: Now that house prices are rising, buying a house is not an easy task for many families. Therefore, when buying a house and paying the down payment, we must read the contract carefully, pay attention to ensuring the safety of the down payment funds and avoid damaging our own rights and interests.

Loan to buy a house, is the bank's money directly given to the developer?

Yes, there is a contract between the customer and the bank and the developer. The bank will give the money to the developer, and the customer can repay the bank loan on time every month. At present, there are mainly the following types of loans to buy a house: 1, housing provident fund loans; 2. Personal housing commercial loans; 3. Individual housing portfolio loans. Housing provident fund loans: For residents who have already paid housing provident fund, low-interest housing provident fund loans should be the first choice when buying a house. Housing provident fund loans have the nature of policy subsidies, and the loan interest rate is very low, which is not only lower than the loan interest rate of commercial banks in the same period (only half of the mortgage interest rate of commercial banks), but also lower than the deposit interest rate of commercial banks in the same period. In other words, there is a spread between the mortgage interest rate of the housing provident fund and the bank deposit interest rate. At the same time, when handling mortgage and insurance related procedures, the housing provident fund loan will be charged by half. Personal housing commercial loan: The above two loan methods are limited to employees who have paid housing provident fund, and there are many restrictions. Therefore, people who have not paid the housing provident fund have no chance to apply for loans, but they can apply for personal housing secured loans from commercial banks, that is, bank mortgage loans. As long as your balance in the loan bank accounts for not less than 30% of the funds needed for house purchase, and it is used as the down payment, and the assets recognized by the loan bank are used as collateral or pledge, or the units or individuals with sufficient compensation ability are used as guarantors to repay the principal and interest of the loan and bear joint liability, then you can apply for using the bank mortgage loan. Personal housing portfolio loan: the maximum amount of provident fund loans that can be issued by the housing provident fund management center is generally1-290,000 yuan. If the purchase price exceeds this limit, the insufficient part shall apply to the bank for commercial housing loans. These two kinds of loans are collectively called portfolio loans. This business can be handled by the real estate credit department of the bank. The interest rate of portfolio loan is moderate, and the loan amount is large, which is more for the lender to choose.