202 1 online loan, what if it is not approved?

1.202 1 What if the online loan is not approved?

If the loan can't be approved, you can only find relatives and friends to scrape together enough money to buy it, or find an intermediary to cross the bridge for you, with more interest.

Second, what should I do if the loan approval fails after the online signing of the house?

Legal analysis: There are many solutions to the failure of loan approval after online signing, as follows:

1. Buy a house in full: if the loan is not approved after the online signing of the house, the agreement in the house purchase contract shall generally prevail. If the user chooses to continue to buy a house, he needs to make up the remaining house price within the specified time range, and the user can choose to pay in full or by installment.

2. Check out and stop buying: When the online signing ends, the developer often asks for a certain penalty, but the user can also try to change the loan bank or increase the down payment ratio to re-apply for the loan.

Legal basis: Provisions of the Supreme People's Court on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases.

Article 1 The term "private lending" as mentioned in these Provisions refers to the financing behavior between natural persons, legal persons and unincorporated organizations. These Provisions shall not apply to financial institutions and their branches established with the approval of the financial supervision department and engaged in loan business, which are triggered by the issuance of loans and other related financial businesses.

Article 2 When a lender brings a private lending lawsuit to the people's court, it shall provide creditor's rights certificates such as IOUs, receipts, IOUs, and other evidence that can prove the existence of the legal relationship between lending and borrowing. If the creditor's rights certificate such as IOUs, receipts and IOUs held by the parties does not specify the creditor, and the party holding the creditor's rights certificate brings a private lending lawsuit, the people's court shall accept it. The defendant raised a factual defense against the plaintiff's creditor qualification, and the people's court ruled that the plaintiff did not have the creditor qualification after examination, and rejected it.

Article 24 If the borrower and the lender have not agreed on interest, and the lender claims to pay interest, the people will not support it. The interest agreement between natural persons is not clear, and if the lender advocates paying interest, the people will not support it. Except for the loan between natural persons, if the agreement on the loan interest between the borrower and the lender is unclear, and the lender claims interest, the people shall determine the interest according to the contents of the private loan contract and the local or the parties' trading methods, trading habits, market quotation and other factors.

Article 25 If the lender requires the borrower to pay interest at the interest rate agreed in the contract, the people shall support it, except that the interest rate agreed by both parties exceeds four times the listed interest rate in the one-year loan market at the time of the establishment of the contract. The "one-year loan market quotation" mentioned in the preceding paragraph refers to the one-year loan market quotation issued monthly by the National Interbank Funding Center authorized by the People's Bank of China from August 20th, 20th, 20th19th.

3. What if the loan is not approved after signing the house purchase contract?

In fact, depending on the reasons why the loan can't be done, the liability for breach of contract will also be divided, and the results of whether the deposit is refunded or not will be different. This paper analyzes the following reasons: the seller's reason is 1, and the developer's reason suggests that the contract between the two parties cannot be performed at this time due to the developer's reason, and the buyer has the right to terminate the contract and ask the developer to bear the liability for breach of contract and refund the deposit and down payment. 2. Seller's reason: This situation is a breach of contract caused by the seller concealing someone's real information, and the buyer can ask the seller to bear the liability for breach of contract and liquidated damages. Another reason why the mortgage can't be done is the buyer's own problems, such as not providing materials in time, or providing incomplete or untrue materials, which leads to the bank mortgage can't be handled. The most common problem is credit. If the borrower's bad credit record is not malicious, you can negotiate with the loan bank or try other banks. The credit scoring standards of each bank are different, and some banks will be relatively loose. Generally speaking, as long as the credit record is not very bad, you can get a loan. However, if the overdue period is serious, for example, the credit card is overdue for three times in a row and six times in total, and the overdue amount is large (generally above 500 yuan), the loan will definitely be rejected. Tip: Providing false materials and poor credit information is the problem of the purchaser, who needs to bear the liability for breach of contract and cannot get back the deposit. One reason is either the buyer and the seller, or the bank has approved the loan, but the loan has not been released, so the buyer and the seller can only wait patiently for the loan. Tip: If there are changes due to government or bank regulations, such as stopping mortgage business, the buyer and the seller can negotiate. If negotiation fails, the buyer can appeal to prove that he is not at fault, and ask to cancel the purchase contract and refund the deposit. Summary: If it is impossible to apply for a loan, it is best for buyers to specify the relevant terms when signing the purchase contract. If there is a problem, the buyer and the seller can defend according to the contract. If the loan fails, the buyer and the seller will negotiate how to pay the final payment. If negotiation fails, the corresponding liability for breach of contract shall be determined according to the contract.

4. What if the loan cannot be approved after online signing?

There are three main ways to solve our loan problem after online signing.

According to 1 house purchase contract, the remaining house payment shall be made up within the specified time.

If you can't come up with all the money, you can only choose to check out instead of buying. However, if you check out after signing online, developers will often ask for a certain penalty.

If all three methods are not feasible, you can try to change the loan bank or increase the down payment ratio to apply for a loan again.

In short, online signing does not mean that our loan will definitely pass the examination and approval. If you fail to pass the examination and approval, you can try to return a house and buy a house in full, or refinance by changing the loan bank and increasing the down payment ratio.

Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Loans in a broad sense refer to loans and discounts.

Banks can provide loans through lenders to meet the needs of social expansion and reproduction for supplementary funds and promote economic development. At the same time, banks can also obtain loan interest income from it and increase their own accumulation.

Basic loan terms

Loans to China citizens with full capacity for civil conduct.

Loan amount: loan pledge, third-party guarantee or credit qualification amount, mortgage amount, guarantee amount or

The pledge amount shall not exceed 90% of the face value of the pledge right certificate provided by the borrower; The mortgage amount shall not exceed 70% of the assessed value of the collateral; The credit line and guarantee line are determined according to the borrower's credit rating.

Guarantee methods: mortgage, pledge and third-party guarantee recognized by CCB.

Application materials to be provided:

(1) A written document in which the guarantor agrees to provide the required guarantee for the borrower to obtain the guarantee amount.

(2) Guarantor information

(3) Collateral appraisal report issued by the socially recognized appraisal department.

(4) Other documents and materials as stipulated by the Construction Bank.

(5) Original and photocopy of the borrower's valid identity certificate.

(6) local permanent residence or valid residence identity certificate.

(7) The borrower shall produce the income certificate issued by the employer, the borrower's tax bill and insurance policy.

(8) The borrower's pledge right, the list of collateral and the written documents of ownership certificate required to obtain the amount of pledge and mortgage.

(9) The borrower also needs to provide the payment document and personal address of the hydropower property where the company is located.